Saket Kalia

What is the Board looking for in Adobe's next CEO

can you just talk about what you're seeing in terms of retention trends as AI adoption grows

why that combo works and how does the pricing work there? Does the customer subscribe to both or just one

how do you envision sort of the potential attach rate there? I mean, Firefly is clearly an unprecedented offering

could you just give us a bit more color on MaintainX as a company

Could we maybe talk a little bit about the absolute levels of prudence that you've incorporated into the FY '27 guide

how do you sort of see your relationship with the LLMs evolving over time? And how do those competitive moats maybe help balance that relationship

I'd love to pick up on the theme from Analyst Day a little bit and see if you could just weigh in on sort of the seats versus consumption AI monetization debate for Autodesk

Was I was wondering if you were able to just give us any color on fiscal 'twenty seven high level as we think about our models

I was wondering if you could just talk to us a little bit about your appetite for transformative M&A

great to hear the 41% margin goal in fiscal '29. Can you just walk us through some of the high-level assumptions

Could you just talk about your margin momentum a little bit? And maybe in particular, you just talk about how the sales and marketing optimization plan

could you just talk about how customer conversations are evolving, if at all, and maybe just touch on just broadly your thoughts on the macro

it is important to flag that margins here for '25 were ahead and the guide for '26 is higher than expected as well

how do you see the competitive environment in cloud security right now. And how do you think about the longevity of the growth in that market as you look out onto the future

what sort of value you're able to capture in those opportunities compared to what customers were maybe spending before

what are you seeing from the customers who bought those customer care packages? Know, that, of course, offered the those those customers great value

what products do you feel like are benefiting most in terms of usage as customers adopt FalconFlex

how Falcon Flex is driving better value for customers and any examples you have of maybe how current customers are growing their existing spending

what are they telling you about some of the puts and takes to security spending next year?

what are customers saying to you about how they are reacting, and what parts of Fortinet, Inc.'s portfolio do you think could benefit most

can you just remind us what billings duration was this quarter?

Can you just talk a little bit about how you're navigating the current environment in memory?

where do we end '25 in terms of the percentage of that -- of the cohort that we're through?

Can you just talk about what solutions you're typically replacing at these customers?

Can you just talk about whether there was any changing behavior from channel partners this quarter ahead of tariffs?

Can you remind us how big LatAm and Canada are just in terms of percentage of billings

How do you sort of think about that overall market growing? And clearly, it seems like MoneyLion is taking share. How do you feel about the ability for that to continue?

Can you just give us a little bit of color on sort of how you're thinking about operating margins in the guide?

I was just wondering if there are any guardrails that you would have us think about for kind of how you'll deploy kind of going forward beyond Q3?

I'm curious how the addition of all these businesses and the growing membership mix is contributing to retention

Without preannouncing anything, how do you sort of envision something like that looking, if that makes sense?

how do you think about the margin journey that we could see in MoneyLion?

what have been some of the early observations with that cross-sell motion?

how does that network maybe change the type of potential subscribers that you can go after?

How does MoneyLion maybe change that customer acquisition cost or how you think about that equation?

Can you just talk about any incremental FX movement and how that's impacting the full year guide if at all?

Can you just sort of give us a state of the state in terms of what percentage of the base is kind of using Norton 360 now?

how should we think about the net impact to OpEx, and how should we think about gross margins as those other Acts continue to grow

what milestones do you need to see for that business to inflect? Lighthouse accounts? Industry consortiums?

I'd love to dig into the joint pipeline opportunity with CyberArk a little bit

do you find that XSIAM is able to capture at least what those customers were spending on incumbents

why do you think Palo is taking share in the software part of the firewall market

how are customers thinking about that upgrade? And how big of an ARR opportunity could that be for Palo Alto Networks on that path to $15 billion

can you just maybe talk about some of the success you're seeing driving better profitability

I'm curious if we can just talk about the margin implications from platformization long term as those deals tend to be bigger and also tend to have higher lifetime value

how do you feel about attaining that goal at some point

I was wondering if you folks can just talk about how you think about commercial optimization

as we think about the $1 billion in free cash flow next year, just appreciating that it’s a very different macro, what are some of the puts and takes

where are those businesses in their evolution in terms of being more additive to growth?

What are you hearing from customers there about willingness to spend right now?

how that SaaS revenue guide is changing both organically and inorganically, just so that we're all on the same page

is there a way that you think about the annualized value of SaaS bookings

what do you sort of see on Tyler's road map that's going to maybe grow that revenue opportunity in terms of AI in the public sector?

I noticed that you narrowed the SaaS revenue growth for the year just a little bit. It's really not that material. But I was just wondering if you could just talk us through what were some of the p...

how much if you had to estimate how much do you think was sort of pulled forward in Q4 roughly?

how much of an average state or local government budget comes from federal funding versus other sources like real estate taxes

What are they saying about AI adoption right now within the life sciences industry? Maybe what role do they see the big LLM providers playing? And what role do they see Veeva playing

should we think about this year as a tough comp year? Or do you see some of the same trends continuing into '27

how quickly can we get Nitro back in front of customers? How much of a multiplier could that be to your CRM deals

Can we just dig into that? I mean, it seems like you're gaining market share

Can you just maybe dig into some of the drivers there

what of the products could that success in eTMF and CTMS maybe pull through as you think about sort of the next sort of product cycles

what are the future roadmaps that you are sort of speaking to them around the benefits of Vault CRM

how do we maybe feel about the underlying flow business? Right? Whether it is new or renewals

where are you winning? And what impact, if any, are they having?

I was wondering if you could help us think about the other $2 billion in ARR

to what extent do you think SASE is replacing firewall appliances? I know we all think we all know that it's replacing secure web gateway appliances

whether you sort of view this as an extension of Zero Trust that accelerates that path to $5 billion in ARR or whether this is something that adds to that and broadens the platform

how the business is looking from that perspective of sort of ZIA and everything else that sort of forms the platform

Can you just maybe talk about how that did versus your expectation or maybe versus last quarter for some context