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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 3.12 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.70 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 265.21 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 643.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 79.30 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 159.87 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 144.60 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 6.37 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 259.75 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 100.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 643.00 Mn |
| Apr 30, 2026 | 643.00 Mn |
| Jan 31, 2026 | -261.00 Mn |
| Jan 31, 2026 | -261.00 Mn |
| Oct 31, 2025 | 370.00 Mn |
| Oct 31, 2025 | 370.00 Mn |
| Jul 31, 2025 | -756.90 Mn |
| Jul 31, 2025 | -756.90 Mn |
| Apr 30, 2025 | 762.70 Mn |
| Apr 30, 2025 | 762.70 Mn |
| Jan 31, 2025 | 156.00 Mn |
| Jan 31, 2025 | 156.00 Mn |
| Oct 31, 2024 | 22.00 Mn |
| Oct 31, 2024 | 22.00 Mn |
| Jul 31, 2024 | -779.90 Mn |
| Jul 31, 2024 | -779.90 Mn |
| Apr 30, 2024 | 263.50 Mn |
| Apr 30, 2024 | 263.50 Mn |
| Jan 31, 2024 | 272.00 Mn |
| Jan 31, 2024 | 272.00 Mn |