Palo Alto Networks PANW
NASDAQ PANW
$333.26 +1.32 (+0.40%)
At close: Sep 4, 2026 · 4:00 PM EDT

Palo Alto Networks (PANW) Share-based Compensation (2011 - 2026)

Palo Alto Networks (PANW) posted quarterly Share-based Compensation of -$261.0 million for Q1 2026, down 267.31% year-over-year from $156.0 million in Q1 2025, and down 170.54% quarter-over-quarter from $370.0 million in Q4 2025.

Analysis

Palo Alto Networks (PANW) Share-based Compensation (2011 - 2026) Analysis & Trends

Palo Alto Networks' Share-based Compensation history runs 16 years deep, the most recent figure standing at -$261.0 million for Q1 2026.

  • In Q1 2026, Share-based Compensation fell 267.31% year-over-year to -$261.0 million; the TTM figure through Jan 2026 stood at $114.8 million (up 133.92% YoY), while the FY2025 annual figure was $183.8 million, up 590.98% from the prior year.
  • Share-based Compensation for Q1 2026 stood at -$261.0 million, down from $370.0 million in the prior quarter.
  • The five-year high for Share-based Compensation was $762.7 million in Q2 2025, with the low at -$799.9 million in Q3 2023.
  • The 5-year median for Share-based Compensation is $263.5 million (2024), against an average of $64.2 million.
  • The sharpest annual moves came in 2023 and 2025: Share-based Compensation plunged 433.85% in 2023, then soared 1581.82% in 2025.
  • Palo Alto Networks' Share-based Compensation stood at $266.0 million in 2022, then gained by 1.88% to $271.0 million in 2023, then tumbled by 91.88% to $22.0 million in 2024, then jumped by 1581.82% to $370.0 million in 2025, then tumbled by 170.54% to -$261.0 million in 2026.
  • Business Quant data shows PANW's Share-based Compensation at -$261.0 million in Q1 2026, $370.0 million in Q4 2025, and -$756.9 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 3.12 Bn
2 Oracle 452.14 Bn 420.24 Bn - 1.20 Bn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn 265.21 Mn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn 643.00 Mn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 376.91 Mn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn 79.30 Mn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn 159.87 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn -
9 Block 49.56 Bn 43.13 Bn 3.17 Bn 259.75 Mn
10 CoreWeave 49.23 Bn 43.69 Bn 1.70 Bn 6.37 Bn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 643.00 Mn
Jan 31, 2026 301.00 Mn
Oct 31, 2025 370.00 Mn
Jul 31, 2025 354.10 Mn
Apr 30, 2025 326.00 Mn
Jan 31, 2025 320.00 Mn
Oct 31, 2024 295.00 Mn
Jul 31, 2024 268.90 Mn
Apr 30, 2024 263.50 Mn
Jan 31, 2024 272.00 Mn
Oct 31, 2023 271.00 Mn
Jul 31, 2023 254.20 Mn
Apr 30, 2023 271.00 Mn
Jan 31, 2023 283.30 Mn
Oct 31, 2022 266.00 Mn
Jul 31, 2022 239.60 Mn
Apr 30, 2022 247.30 Mn
Jan 31, 2022 265.10 Mn
Oct 31, 2021 259.10 Mn
Jul 31, 2021 230.00 Mn