Palo Alto Networks (PANW) Shares Outstanding (2011 - 2026)
Palo Alto Networks (PANW) posted quarterly Shares Outstanding (Entity) of $703.0 million for Q1 2026, up 6.45% year-over-year from $660.4 million in Q1 2025, and up 1.59% quarter-over-quarter from $692.0 million in Q4 2025.
Palo Alto Networks (PANW) Shares Outstanding (2011 - 2026) Analysis & Trends
Palo Alto Networks' Shares Outstanding (Entity) history runs 16 years deep, the most recent figure standing at $703.0 million for Q1 2026.
- In Q1 2026, Shares Outstanding (Entity) rose 6.45% year-over-year to $703.0 million; the TTM figure through Jan 2026 stood at $703.0 million (up 6.45% YoY), while the FY2025 annual figure was $668.0 million, up 2.74% from the prior year.
- Shares Outstanding (Entity) for Q1 2026 stood at $703.0 million, up from $692.0 million in the prior quarter.
- The five-year high for Shares Outstanding (Entity) was $703.0 million in Q1 2026, with the low at $591.0 million in Q1 2022.
- The 5-year median for Shares Outstanding (Entity) is $645.4 million (2024), against an average of $637.5 million.
- The sharpest annual moves came in 2022 and 2024: Shares Outstanding (Entity) rose 1.34% in 2022, then climbed 6.71% in 2024.
- Palo Alto Networks' Shares Outstanding (Entity) stood at $604.6 million in 2022, then increased by 3.77% to $627.4 million in 2023, then grew by 4.46% to $655.4 million in 2024, then gained by 5.58% to $692.0 million in 2025, then grew by 1.59% to $703.0 million in 2026.
- Business Quant data shows PANW's Shares Outstanding (Entity) at $703.0 million in Q1 2026, $692.0 million in Q4 2025, and $668.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 7.43 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 2.40 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 2.86 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 801.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 733.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 354.33 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 189.59 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 551.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 597.83 Mn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 199.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 704.00 Mn |
| Jan 31, 2026 | 704.00 Mn |
| Oct 31, 2025 | 679.00 Mn |
| Jul 31, 2025 | 662.50 Mn |
| Apr 30, 2025 | 665.10 Mn |
| Jan 31, 2025 | 659.30 Mn |
| Oct 31, 2024 | 653.60 Mn |
| Jul 31, 2024 | 638.40 Mn |
| Apr 30, 2024 | 645.80 Mn |
| Jan 31, 2024 | 639.20 Mn |
| Oct 31, 2023 | 620.20 Mn |
| Jul 31, 2023 | 606.40 Mn |
| Apr 30, 2023 | 607.80 Mn |
| Jan 31, 2023 | 604.60 Mn |
| Oct 31, 2022 | 599.60 Mn |
| Jul 31, 2022 | 591.00 Mn |
| Apr 30, 2022 | 593.40 Mn |
| Jan 31, 2022 | 589.20 Mn |
| Oct 31, 2021 | 585.60 Mn |
| Jul 31, 2021 | 578.40 Mn |