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