๐น Revenue: $719.2M (Est. $706.9M) ๐ข; UP +21% YoY
๐น Adjusted EPS: $0.89 (Est. $0.80โ$0.81) ๐ข
๐น Adjusted Net Income: $146.7M (Est. $131.3M) ๐ข
Guidance:
๐น FY26 Revenue: $3.265Bโ$3.284B (Est. $3.20B) ๐ข
๐น FY26 Adjusted EPS: $3.64โ$3.68 (Est. $3.68) ๐ก
๐น Q1 Revenue: $772Mโ$774M (Est. $752M) ๐ข
๐น Q1 Adjusted EPS: $0.85โ$0.86 (Est. $0.85) ๐ข
Other Metrics:
๐น Calculated Billings: $1.20B; UP +32% YoY
๐น ARR: $3.015B; UP +22% YoY
๐น Deferred Revenue: $2.468B; UP +30% YoY
๐น Free Cash Flow: $171.9M (24% of rev); UP from 23% a year ago
CEO Commentary:
๐ธ โWe achieved over $3B ARR and our highest quarterly operating margin. Zero Trust and AI security are driving robust demand.โ
๐ธ โWe launched AI Guardrails and are rapidly expanding our AI security portfolio to address emerging risks.โ