Palo Alto Networks Reports Q3 Net Loss of $177M, Despite 31% Revenue Growth
Summary
Palo Alto Networks reported Q3 2026 revenue of $3 billion, up 31.1% year-over-year. Despite strong top-line growth, the company posted a net loss of $177 million, or ($0.22) diluted EPS, a significant reversal from a profit of $0.37 in the prior year. This detailed 10-Q summary follows yesterday's 8-K which highlighted revenue growth but did not specify the net loss. The unexpected shift to a net loss is a material concern for investors, despite the robust revenue expansion.
At the time of this announcement, PANW was trading at $283.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $242.5B. The 52-week trading range was $139.57 to $302.95. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: Wiseek News.