Palo Alto Networks (NASDAQ: PANW) on Tuesday announced that it has acquired Console, an AI-native platform designed to help organizations build agentic workflows and automate operational tasks using natural language.
The cybersecurity giant said Console will deepen the agentic capabilities of its Cortex platform, allowing security teams to investigate signals, prioritize work, and automatically take action across enterprise environments.
Console’s technology enables users to describe an operational objective in natural language, with AI agents then handling the analysis and actions needed to achieve it. Palo Alto Networks says this could help organizations resolve alerts, issues, and requests at machine speed.
“By bringing Console into Palo Alto Networks, our customers can have a direct conversation with data and build agentic workflows in natural language that helps alert and remediate issues automatically,” CEO Nikesh Arora said.
Financial terms of the transaction were not disclosed.
The acquisition announcement came alongside Palo Alto Networks’ financial results for the fourth quarter of fiscal 2026.
Revenue for the quarter ended July 31 increased 34% year over year to $3.41 billion, while remaining performance obligations rose 34% to $21.2 billion.
The company reported a GAAP net loss of $282 million, or 35 cents per diluted share, compared with net income of $254 million in the year-ago quarter.
Palo Alto Networks said it added nearly $1 billion in net new next-generation security ARR during the quarter. The company expects fiscal 2027 revenue of between $14.1 billion and $14.2 billion, representing growth of 23% to 24%.
