Fatima Boolani

I wanted to take the opportunity to have you unpack that, what the expected structure is, what the economics look like?

I just kind of wanted to unpack the P and the Q on the delivery equation?

what the state of affairs is today from a traffic mix perspective with the rise of AI and bots

could you just walk us through the relative high-level gross margin and gross profit profile of the business from a segmentation perspective

can you give a sense of the contract structure? Are there minimum commitments or firm demand

Does the 40% to 45% ARR growth target assume only the minimum commitment?

how far along are you in the process of ironing out or cementing a lot of these changes, because it does seem like there might be a couple of things

curious if you can opine or comment on if that is a customer that has adopted other solutions in your portfolio

is perceived to maybe be at more risk from what the frontier labs may or may not be pursuing. So maybe in the context of the opportunity ocean commentary in your prepared remarks, can you help us w...

This proximity that precludes you or influences you or potentially maybe even complicates your relationship with other hyperscalers

how quickly they're burning through those in-kind flex dollars that you've given them, such that it is triggering earlier renewal, earlier upsell events

I wanted to ask you about the structural changes to the capital intensity of the business

how do agentic advancements in general detract or enhance the value proposition here

what is the impact to your secure networking portfolio and the higher-end FortiGate appliances? Should we expect the product mix to trend toward very high-end SKUs

I was hoping you could quantify what degree of pricing, gross pricing increases you've been able to roll out

how you are independently driving strong growth in SASE and independently driving strong growth from a product refresh perspective?

just wondering if we should think about 13% services growth as trough or near trough or if that's maybe not the right way to think about it

I both wanted to dig into some of the demand comments you made. And how far-ranging those are and how they are being contemplated in guidance

the mainframe potentially being a destination for more emerging use cases, especially around AI inferencing

I was hoping you could give us a sense of what the next phase and leg of pool of funds traction is for the business

can you help us think about the AI native exposure that you have today in the business? Anything that we should worry about from a concentration standpoint at this present time?

what changes might you be considering from a compensation or an incentives perspective to maybe balance some of that really robust pool of funds momentum

how much of the rationale there was for you to effectively modernize, in-source, whatever terminology you want to use to modernize or in-source the underlying fabric of your Cortex and XSIAM techno...

that $500 million or so of revenue that is just still captive in the QRadar on-premise space, what is the thought process, the strategy to really forklift those customers to the goodies in XSIAM?

I'm curious what you think about that approach and particularly how pertinent it could be for the service collection

how pervasive that modality is in terms of monetizing some of your innovation that's come down the pike in the last 12 to 18 months

I was hoping you could spend a little bit of time quantifying the monetization and the uplift that you're potentially seeing

what the calculus behind the consumption and strategy as we're aware can be pretty variable

a little bit more quantitative color on the sales productivity slash sales attrition and sales hiring quantum

I wanted to take the opportunity to have you unpack some of that in terms of how will that manifest in your business across the product lines today

could you clarify for us if this is a vehicle or a conduit for attracting new customers Or is it principally being pitched to existing customers

I wanted to get your perspective on how that's maybe helping accelerate the conversation for you, if at all

Is there anything that we should think about vis-a-vis transactions that maybe landed early