Palo Alto Networks says AI security product hit $100M ARR in four quarters, guides 23% revenue growth

Palo Alto Networks reported its AI security product reached $100 million in annual recurring revenue within four quarters of launch, the fastest growth in company history. It forecast revenue growth of 23% this fiscal year and 14% next year, with a 38% free-cash-flow margin, and highlighted its $25 billion CyberArk acquisition.

Detected & updated continuously · Source: Nebula