Palo Alto Networks (NASDAQ:PANW) reported fiscal fourth-quarter revenue of $3.41 billion, a 34% year-over-year increase. Next-Generation Security (NGS) annual recurring revenue (ARR) rose 63% to $9.10 billion, while remaining performance obligations (RPO) increased 34% to $21.2 billion. However, the company posted a GAAP net loss of $282 million, compared to a $254 million profit a year earlier. Management projects fiscal 2027 revenue of $14.10 billion to $14.20 billion and NGS ARR of $11.075 billion to $11.175 billion.