Cloud SecurityPrisma Cloud hit $700mn ARR, making Palo Alto Networks the largest company in the growing area of Cloud Security.
Financial PerformancePalo Alto Networks has delivered upbeat 4Q results compared to its previous guidance, demonstrating its competitive product portfolio and management’s strong execution capability.
Product AdoptionSubscription and support revenue grew 18% YoY to US$1.7bn and accounted for 78% of total revenue, driven by the solid increase in client adoption of NGS products.