Palo Alto Networks, Inc. · Software - Infrastructure

PANWPalo Alto Networks, Inc.

Reports 2026-09-01 After close · TueReaction day 09-02reported · reaction settled

Before the print · expectationsfrozen at T-1

Expected move (options)—from the event straddle

Actual vs expected, last 8Q—Lite and up

Short interest—Lite and up

Lean—Lite and up

Lean, evidence and peer references — Lite

The calendar is free. From the entry plan up you also get, for every ≥$1B reporter: the model lean with the evidence behind it, the peers that have already reported and how they traded, and the stock's own earnings history.

Lean and confidence, with the evidence rows that produced it
Per-peer reference table: each peer's own print, move and guidance
Expected-move band and the stock's last eight prints

The print · 8-K and call2026-09-01 · After close

Revenue$3.41B

est. $3.42B · −0.3%

EPS$1.02

est. $1.00 · +2.4%

Guidance · Next Q revenue$3.30B–$3.31Bno comparable consensus

Key figures, management quotes, the sector read and the grade come with Lite.

Reactionday-5 settled

After-hours move, 18:00—no read yet

Open / day close−4.4% / −9.3%

5 days later−7.5%

Lean, stance and evidence on this page are model outputs, not investment advice. Trade at your own risk. Disclaimer →

Palo Alto Networks earnings review: what the record says

Palo Alto Networks (PANW) reported earnings on Sep 1, 2026, after the close. The company posted EPS of $1.02 against $1.00 expected (a 2.4% beat) and revenue of $3.41B against $3.42B expected. The stock opened −4.4% and closed the first session −9.3%. Five sessions later it was −7.5%.

Across its last 8 reports, PANW beat the EPS consensus 5 times out of 8 with a figure on file, and the stock moved an average of 4.9% on the first trading day, closing higher 3 of 8 times. That first-day move was larger than the options-implied move in 3 of 8 reports. Measured over five sessions, the average move was 6.2%.

Historically, PANW has usually stayed inside its implied move. A beat alone has not been enough: PANW closed higher after only 1 of its 5 EPS beats. NextPick tracks PANW in its Cybersecurity basket alongside CRWD, FTNT, ZS and OKTA, whose prints read through to this one.

Figures come from NextPick's earnings-reaction ledger and the options market. Not investment advice.

PANW earnings: key questions

How did PANW stock react to earnings?

After the Sep 1, 2026 report, PANW closed the first session −9.3%.

How much does PANW stock move after earnings?

Over its last 8 reports, PANW moved an average of 4.9% on the first trading day after earnings. The move was larger than the options-implied move in 3 of 8 reports.

Does PANW usually beat earnings estimates?

PANW beat the EPS consensus in 5 of its last 8 reports with a surprise on file and missed in 3.