Palo Alto Networks (PANW) Common Stock Issued (2011 - 2026)
Palo Alto Networks (PANW) reported Common Stock Issued of $1 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 90.0% from $10 million a year earlier and down 99.2% from the prior quarter.
Palo Alto Networks (PANW) Common Stock Issued (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks posted Common Stock Issued of $265 million, down 28.6% from FY2025.
- Common Stock Issued has a five-year compound annual growth rate of 20.6% (FY2021 to FY2026).
- By fiscal year, Common Stock Issued came in at $371 million in FY2025 (+31.1%), $283 million in FY2024 (+9.4%), $258.8 million in FY2023 (+89.5%) and $136.6 million in FY2022 (+31.3%).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Common Stock Issued since fiscal Q2 2023.
- Year over year, Common Stock Issued has now declined in each of the last three quarters, with an average decline of 22.0% over the last eight quarters.
- The high point for year-over-year Common Stock Issued in five years was fiscal Q2 2023 (growth of 600.0%); the low point was fiscal Q4 2026 (a decline of 90.0%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $126 million (Q3 2026), $8 million (Q2 2026) and $130 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 262.76 Bn | 247.83 Bn | 2.30 Bn | 1.00 Mn |
| 2 | CrowdStrike Holdings | 247.70 Bn | 228.10 Bn | 1.10 Bn | 87.61 Mn |
| 3 | Snowflake | 101.47 Bn | 88.78 Bn | 1.04 Bn | 67.85 Mn |
| 4 | Fortinet | 94.94 Bn | 79.19 Bn | 1.64 Bn | 22.70 Mn |
| 5 | Datadog | 67.39 Bn | 49.03 Bn | 881.34 Mn | 41.86 Mn |
| 6 | Zscaler | 36.15 Bn | 22.30 Bn | 689.22 Mn | 37.91 Mn |
| 7 | Axon Enterprise | 34.02 Bn | 28.55 Bn | 546.45 Mn | - |
| 8 | Okta | 32.86 Bn | 22.95 Bn | 641.00 Mn | 25.00 Mn |
| 9 | MongoDB | 26.55 Bn | 17.02 Bn | 569.77 Mn | 24.21 Mn |
| 10 | Rubrik | 24.27 Bn | 17.50 Bn | 335.12 Mn | 866,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.00 Mn |
| Apr 30, 2026 | 126.00 Mn |
| Jan 31, 2026 | 8.00 Mn |
| Oct 31, 2025 | 130.00 Mn |
| Jul 31, 2025 | 10.00 Mn |
| Apr 30, 2025 | 203.00 Mn |
| Jan 31, 2025 | 37.00 Mn |
| Oct 31, 2024 | 121.00 Mn |
| Jul 31, 2024 | 23.30 Mn |
| Apr 30, 2024 | 115.80 Mn |
| Jan 31, 2024 | 57.50 Mn |
| Oct 31, 2023 | 86.40 Mn |
| Jul 31, 2023 | 60.10 Mn |
| Apr 30, 2023 | 130.30 Mn |
| Jan 31, 2023 | 700,000.00 |
| Oct 31, 2022 | 67.70 Mn |
| Jul 31, 2022 | 300,000.00 |
| Apr 30, 2022 | 77.50 Mn |
| Jan 31, 2022 | 100,000.00 |
| Oct 31, 2021 | 58.70 Mn |
Palo Alto Networks Common Stock Issued API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-stock-issued&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-stock-issued", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-stock-issued&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();