Palo Alto Networks (PANW) Share-based Compensation (2011 - 2026)
Palo Alto Networks' (PANW) quarterly Share-based Compensation came in at -$261.0 million in Q1 2026, down 267.31% year-on-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.
- On a quarterly basis, Share-based Compensation fell 267.31% year-over-year to -$261.0 million in Q1 2026; TTM through Jan 2026 was $114.8 million, a 133.92% increase from a year earlier, with the FY2025 full-year figure at $183.8 million, up 590.98% from the prior year.
- Share-based Compensation retreated to -$261.0 million in Q1 2026 per PANW's latest filing, from $370.0 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $762.7 million in Q2 2025 and bottomed 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.
- Across the five-year window, Share-based Compensation sank 433.85% in 2023 and soared 1581.82% in 2025, its largest moves.
- Year by year, Share-based Compensation stood at $266.0 million in 2022, then advanced by 1.88% to $271.0 million in 2023, then slumped by 91.88% to $22.0 million in 2024, then surged by 1581.82% to $370.0 million in 2025, then slumped by 170.54% to -$261.0 million in 2026.
- Per Business Quant, the three latest PANW Share-based Compensation figures stand at -$261.0 million (Q1 2026), $370.0 million (Q4 2025), and -$756.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 3.08 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 6.81 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 4.70 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 201.59 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | -261.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 1.09 Bn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 72.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 15.07 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 144.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Oct 31, 2023 | 271.00 Mn |
| Oct 31, 2023 | 271.00 Mn |