Palo Alto Networks Reports 31% Revenue Growth with AI-Driven Cybersecurity Demand

Palo Alto Networks reported 31% year-over-year revenue growth, reaching $3.355 billion in Q3, driven by AI-powered cyber threats. The company earned $388 million from CyberArk and Chronosphere acquisitions. Net loss narrowed to $177 million, or 22 cents per share, down from $262 million, or 37 cents per share, a year ago. Fourth-quarter revenue guidance is now $3.35, $3.36 billion, above the $3.28 billion forecast. Full-year guidance is $11.42, $11.43 billion, up from prior estimates. CEO Nikesh Arora attributed the surge to AI advancements increasing cybersecurity urgency. Shares rose over 80% in the quarter, reflecting investor confidence in AI-driven threat detection tools.