Every AI wave needs a security layer. Palo Alto quietly became the operating system for enterprise defense.
Figures as of August 2026. Source: Forge Global secondary marks, Yahoo Finance and public reporting. Pre-IPO prices, valuations and listing dates are unconfirmed estimates from secondary-market and press reporting, not company-confirmed figures. They can change at any time.
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Get our free IPO briefingAI-driven attacks are driving every CISO to consolidate on fewer platforms.
Cortex XSIAM is the fastest-growing security product in company history.
Recurring revenue mix north of 80% with expanding operating margins.
PANW is the security backbone every AI CIO ends up buying.
Consolidation cycle eventually slows once big customers finish rebadging.
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