"We delivered a strong Q2, fueled by robust demand for cybersecurity and continued execution against our platformization strategy. This led to strong organic results in Q2, with NGSRR up 28% and revenue growth of 15%, excluding the impact of recently closed Chronosphere."

CEO · Nikesh Arora

"In Q2, we delivered approximately 110 net new Platformizations, a quarterly record outside of our seasonally strong Q4. This brings our total Platformization count to approximately 1,550, up 35%. The success of this strategy is also reflected in our best-in-class net retention rate amongst platformized customers, which stands at 119% with low single-digit churn."

CEO · Nikesh Arora

"We launched this platform just a few quarters ago, and its adoption has been remarkably strong. From Q1 to Q2, we more than tripled our customer count to over 100. While bookings also doubled during the same period, with a nine-figure pipeline already materializing, it's clear the market has been waiting for a comprehensive platform to secure AI."

CEO · Nikesh Arora

"In Q2, XSIAM surpassed the $500 million ARR milestone. We welcomed almost 150 new customers, bringing our total base to over 600, paying an average of nearly $1 million in ARR. But the key story here remains not just the growth, it's the outcomes. Over 60% of our deployed customers are now achieving mean time remediation of less than 10 minutes, a profound shift from the days or weeks they measured before."

CEO · Nikesh Arora

"I'm still, you know, confused why the market is treating AI as a threat to at least cybersecurity, and I can't speak for all the software. Because one thing we're definitely seeing, that customers have figured out, that they need to drive more consistency in their security stack to be able to respond faster using AI. You cannot respond fast if you've got seven different vendors who have different data, different logs, different APIs running."

CEO · Nikesh Arora

"Koi will enhance our endpoint capabilities within XDR 2.0, while also becoming an integrated part of our universal AI security platform, extending security and governance to autonomous agents at the device layer. We are witnessing a dramatic shift in how software lives on the endpoint. Traditional security tools are often blind to the new AI layer of software."

CEO · Nikesh Arora

"During Q2, and after we closed the Chronosphere acquisition, we signed a multi-year, nine-figure expansion deal with a leading AI model provider, a testament to Chronosphere's ability to scale in the largest and most complex environments. The momentum is clear in the numbers, with the company generating approximately $200 million in ARR as of Q2, well above our expectations."

CEO · Nikesh Arora

"We delivered our third consecutive quarter of 30%+ operating margins, with Q2 operating margin of 30.3%, a 190 basis point expansion versus Q2 of last year. This strong expansion reflects our ability to drive consistent scale and efficiency across all OPEX line items. Our diluted non-GAAP EPS reached $1.03, which once again came in above the high end of our guidance."

CFO · Dipak Golechha

"Despite the current sentiment about AI and software, we firmly believe that security is an enabling layer that allows innovation to move forward safely and at scale. As the AI agents become autonomous employees, the old security playbook is not just slow, it's obsolete. Security must operate in real time at the critical control points where decisions are made across network, endpoint, cloud, browser, and identity."

CEO · Nikesh Arora

"Finally, we remain focused on where the market is going, and that includes preparing our customers for the post-quantum era. The threat is already here. Adversaries are using a harvest now, decrypt later strategy, stealing encrypted data today to break in the future. We're seeing this become a C-level priority in our early customer conversations, and the broad interest in this topic was confirmed by nearly 5,000 attendees at our Quantum Summit last month."

CEO · Nikesh Arora