04:49 PM EDT, 08/18/2025 (MT Newswires) -- Palo Alto Networks ( PANW ) late Monday reported stronger-than-expected fiscal fourth-quarter results as demand for the cybersecurity firm's solutions grew.

Adjusted per-share earnings rose to $0.95 for the three months through July 31 from $0.75 a year earlier, beating the consensus on FactSet of $0.89. Revenue gained 16% to $2.54 billion, above analysts' $2.5 billion estimate.

Palo Alto's stock was up 5.1% in after-hours trade.

Subscription and support revenue advanced to $1.96 billion from $1.71 billion in the 2024 quarter, while product sales increased to $573.9 million from $480.5 million.

Remaining performance obligation advanced 24% annually to $15.8 billion.

Palo Alto forecasts fiscal 2026 adjusted EPS between $3.75 and $3.85, compared with the $3.67 consensus estimate. Revenue is pegged from $10.48 billion to $10.53 billion, versus Wall Street's view of $10.42 billion.

For the ongoing quarter, the company anticipates reporting adjusted EPS of $0.88 to $0.90 a share on revenue of $2.45 billion to $2.47 billion. The Street is looking for $0.85 and $2.44 billion, respectively.

Late last month, Palo Alto agreed to acquire CyberArk (CYBR) in a $25 billion deal that would see it enter the identity security space amid an artificial intelligence-driven surge in machine identities.

The CyberArk acquisition will make Palo Alto "the most complete cybersecurity platform and position the company to be a leader in securing Agentic AI," Truist Securities said in a Monday note released ahead of the results.