PANW's NGS ARR Hits $5.58B in Q4: What's Fueling the Growth?

Key Takeaways Palo Alto Networks' NGS ARR rose 32% year over year to $5.58B, with $490M net new ARR added in Q4.SASE ARR grew 35%, boosted by a $60M mega-deal and over 6M Prisma Access Browser licenses.XSIAM reached 400 customers, while AI security ARR jumped 2.5x year over year to $545M.Palo Alto Networks (PANW) ended the fourth quarter of fiscal 2025, showing strong growth in its Next-Generation Security (NGS) business. The company’s NGS annual recurring revenue (ARR) grew 32% year over year to $5.58 bill ...