CyberArk completed its merger into Palo Alto Networks on February 11, 2026, becoming a wholly owned subsidiary with shareholders receiving a mix of cash ($45.00) and Palo Alto Networks stock (2.2005 shares per share). CyberArk's Identity Security solutions continue to be available as a standalone platform, while integration is underway to infuse CyberArk's capabilities into the Palo Alto Networks security ecosystem.
Cyborg Score Rationale
CyberArk achieved record net new ARR of $99 million with 20% year-over-year increase, reflecting how customers are prioritizing identity security and the growing need to apply privilege controls across human, machine, and agentic AI identities. The company's acquisition by industry leader Palo Alto Networks validates its strategic value in the identity security market.
Top Insights
CyberArk announced the CyberArk Secure AI Agents Solution in December 2025, a privilege-focused identity security extension for AI agent identities
Survey findings revealed only 1% have fully implemented Just-in-Time privileged access while 91% report at least half of privileged access is always-on, with 88% using two or more identity tools
CyberArk was named a Leader in the IDC MarketScape: Worldwide Integrated Solutions for Identity Security 2025
Now operating as subsidiary of Palo Alto Networks post-acquisition, positioning identity security as core enterprise pillar
Named Competitors
Okta — Identity and access management platform
Zscaler — Cloud-native identity and security platform