{
  "docId": "019dd923-5eff-723e-9be4-c0f17c121a29",
  "docSlug": "e85731c97d66e268",
  "documentTitle": "2025 Q1FY26 Earnings Presentation",
  "authorId": "Palo-Alto-Networks",
  "authorName": "Palo Alto Networks",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.777,
  "pageNumber": 15,
  "pageCount": 31,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "market_sizing",
  "function": "size_opportunity",
  "density": "dense",
  "nDataPoints": 3,
  "notes": "The slide uses a three-column layout to categorize business opportunities, each with specific strategic highlights and a corresponding 2028 TAM figure.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be4-c0f17c121a29/15",
  "deckHref": "/decks/019dd923-5eff-723e-9be4-c0f17c121a29",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be4-c0f17c121a29.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be4-c0f17c121a29#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "This Foundation Puts Us Firmly on the Path to $20B in NGS ARR by FY'30",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-7daa-7426-9e41-46fc4830018f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.92,
        "x": 0.04,
        "y": 0.9
      },
      "kind": "disclaimer",
      "text": "Subject to the closing of the proposed acquisitions of CyberArk Software Ltd. and Chronosphere, Inc... TAM Sources: 2028 TAM Identity Security: IDC Semiannual Security Products Tracker...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d71d8f9a-5a16-494d-95dc-37431a7a73eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.92,
        "x": 0.04,
        "y": 0.21
      },
      "kind": "list",
      "text": "Palo Alto Networks: Scaling Multiple Billion Dollar Businesses; Identity Security: Our Next Multi-Billion Dollar Opportunity; Observability & Remediation: Unifying Security & IT",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2c162305-7159-49ca-af8f-743bf15c0648",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.3,
        "x": 0.68,
        "y": 0.65
      },
      "kind": "metric",
      "text": "$32B 2028 TAM",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2bfc9328-a4d9-4417-bf25-b2b936f3932d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.3,
        "x": 0.36,
        "y": 0.65
      },
      "kind": "metric",
      "text": "$47B 2028 TAM",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5bd5d18f-b257-45b0-8352-45f7f6cc57f4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.3,
        "x": 0.04,
        "y": 0.65
      },
      "kind": "metric",
      "text": "$210B 2028 TAM",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9b58e7db-3bc8-4cf7-b9fe-0d52327e607f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "TAM: $210B",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-7daa-7426-9e41-4b5a84cc166c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.92,
        "x": 0.04,
        "y": 0.78
      },
      "kind": "title",
      "text": "This Foundation Puts Us Firmly on the Path to $20B in NGS ARR by FY'30",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "25582b9f-fc4d-4c81-b1d4-9b13241bc339",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.92,
        "x": 0.04,
        "y": 0.06
      },
      "kind": "title",
      "text": "Building on Strong Momentum and Core Innovation, We Are Expanding Our TAM with Two Category Leaders",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f4dc9190-d803-40e9-ae1f-402cc3c1653b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Big Idea Formula",
      "slug": "big-idea-formula",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "0373b17a-93e6-427c-a9fb-9225fdcd0bee",
      "evidence": "callout: This Foundation Puts Us Firmly on the Path to $20B in NGS ARR by FY'30",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 15,
      "from": 14,
      "beatId": "f5f84b79-7299-48b0-8bda-1fb8a1e89037",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Market Size",
      "beatSlug": "sequoia-pitch-market-size",
      "evidence": "Slides 14-15 discuss 'Unifying The Full Cybersecurity and Observability TAM' and '$20B in NGS ARR by FY'30",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 15,
      "from": 14,
      "name": "Hypothesis Test",
      "slug": "42-hypothesis-test",
      "bestFor": "Strategy validation, due diligence, research presentations",
      "matchId": "1cd8826f-8ea3-41ba-98b0-6b430b972985",
      "evidence": "Slides 14-15 discuss the market sizing and growth potential",
      "position": 1,
      "objective": "Test the hypothesis of a large market opportunity",
      "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
      "confidence": 0.7,
      "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}