- Fiscal Q4 revenue rose 25% year over year to $898 million, exceeding the $877 million consensus estimate; adjusted EPS was $1.19 versus $1.09 expected.
- ARR increased 25% to $3.77 billion, above the $3.75 billion StreetAccount estimate.
- Fiscal Q1 guidance calls for $935 million to $939 million of revenue and adjusted EPS of $1.15 to $1.16, both above consensus; FY revenue guidance of $3.91 billion to $3.94 billion also exceeded estimates.
- Management cited early momentum for its Zero Trust offering for AI agents, while AI-security bookings totaled $100 million over the past year and grew more than 50% sequentially in the quarter.
Quotes
“It's a longer-term opportunity, but I think it's a fantastic opportunity with significant barriers to entry”