Exhibit 99.1 Palo Alto Networks Reports Fiscal Third Quarter 2024 Financial Results • Fiscal third quarter revenue grew 15% year over year to $2.0 billion • Remaining performance obligation grew 23% year over year to $11.3 billion • Non-GAAP operating margin grew 200 bps year over year to 26% SANTA CLARA, Calif., May 20, 2024 — Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2024, ended April 30, 2024. Total revenue for the f ...