Cybersecurity platform NGS ARR measures the annualized allocated revenue of Palo Alto Networks' active next-generation security contracts under the company's stated methodology.
Palo Alto Networks reported $9.10B of NGS ARR at July 31, 2026.
NGS ARR has a narrower issuer-defined perimeter
The company excludes hardware products, legacy attached subscriptions and support offerings, and professional services from NGS ARR.
That makes the metric different from both total revenue and a generic company-wide ARR measure.
NGS ARR is not recognized revenue
Contract timing, renewals, and changes in the eligible offering set can affect the run-rate metric before or differently from GAAP revenue recognition.
Read it with NGS ARR growth and RPO growth.
Primary source: Palo Alto Networks fiscal 2026 Form 10-K.
Part of the Cybersecurity Platform Economics
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These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.
- PANWOpen operating-model research →10 of 10 reviewed concepts in Cybersecurity Platform EconomicsRecurring contract scale and backlog3 of 3 bridge concepts supportedContinue through this bridge:NGS ARR GrowthRPO Growth
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Compare the scale of issuer-defined next-generation security recurring contracts without treating ARR as GAAP revenue.
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