With AI Boost and Huge Deals: Palo Alto Networks is Planning a Jump to $20 Billion in Revenue

Palo Alto Networks made a strong statement. The company exceeded all targets in the first quarter of 2026 and reported robust growth in core and growth areas. The increase in recurring contractual commitments was particularly impressive, rising by 24% to $15.5 billion. The business with next-generation security also saw significant gains. The leadership linked the numbers to a review of the changing threat landscape: AI-driven attacks are on the rise, prompting many customers to urgently modernize. Growth drivers AI and quantum At the center...