Palo Alto Networks (PANW) Net Shares Issued and Repurchased (2011 - 2026)
Palo Alto Networks' Net Shares Issued and Repurchased was $1 million in 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.
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Analysis
Palo Alto Networks (PANW) Net Shares Issued and Repurchased (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Net Shares Issued and Repurchased at Palo Alto Networks came in at -$735 million.
- In earlier fiscal years, Net Shares Issued and Repurchased was $371 million in FY2025, -$284 million in FY2024, -$13.9 million in FY2023 and -$755.7 million in FY2022.
- The fiscal Q4 2026 figure marks the lowest quarterly Net Shares Issued and Repurchased since fiscal Q3 2024.
- Compared with a year earlier, Net Shares Issued and Repurchased has declined for three straight quarters, with growth averaging 31.9% over the last seven quarters.
- The best year-over-year quarter for Net Shares Issued and Repurchased over five years was fiscal Q1 2025 (growth of 514.2%); the worst was fiscal Q4 2026 (a decline of 90.0%).
- Per Business Quant data, PANW's Net Shares Issued and Repurchased in the three fiscal quarters before Q4 2026 was $126 million (Q3 2026), $8 million (Q2 2026) and $130 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 1.00 Mn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 87.61 Mn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | 67.85 Mn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 22.70 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 2.33 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | 37.91 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | -99.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | - |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | -75.79 Mn |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | 6.63 Mn |
Historic Data
Download Data
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 | 23.00 Mn |
| Apr 30, 2024 | -384.20 Mn |
| Jan 31, 2024 | 57.50 Mn |
| Oct 31, 2023 | 19.70 Mn |
| Jul 31, 2023 | 60.10 Mn |
| Apr 30, 2023 | 130.30 Mn |
| Jan 31, 2023 | -249.30 Mn |
| Oct 31, 2022 | 45.00 Mn |
| Jul 31, 2022 | -342.00 Mn |
| Apr 30, 2022 | 77.50 Mn |
| Jan 31, 2022 | -549.90 Mn |
| Oct 31, 2021 | 58.70 Mn |
API Access
Palo Alto Networks Net Shares Issued and Repurchased 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=net-shares-issued-and-repurchased&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-shares-issued-and-repurchased", "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=net-shares-issued-and-repurchased&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();