Can Cortex XSIAM Become Palo Alto Networks' Next Major Growth Engine?

Key Takeaways PANW's Cortex XSIAM reached about 470 customers, with average ARR per customer above $1M.Palo Alto Networks signed its largest XSIAM deal yet, an $85M contract with a U.S. telecom customer.Cortex XSIAM is driving platform adoption, with linked platform deals more than doubling year over year.Palo Alto Networks (PANW) is seeing steady growth in Cortex Extended Security Intelligence and Automation Management (XSIAM), its security operations platform. In the first quarter of fiscal 2026, the comp ...