Palo Alto Networks (PANW) Shares Outstanding (2011 - 2026)

Palo Alto Networks' (PANW) quarterly Shares Outstanding (Entity) came in at $703.0 million in Q1 2026, up 6.45% year-on-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.

  • On a quarterly basis, Shares Outstanding (Entity) rose 6.45% year-over-year to $703.0 million in Q1 2026; TTM through Jan 2026 was $703.0 million, a 6.45% increase from a year earlier, with the FY2025 full-year figure at $667.9 million, up 2.72% from the prior year.
  • Shares Outstanding (Entity) rose to $703.0 million in Q1 2026 per PANW's latest filing, from $692.0 million in the prior quarter.
  • Across five years, Shares Outstanding (Entity) topped out at $703.0 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Shares Outstanding (Entity) climbed 1.34% in 2022 and rose 6.71% in 2024, its largest moves.
  • Year by year, Shares Outstanding (Entity) stood at $604.6 million in 2022, then rose by 3.77% to $627.4 million in 2023, then increased by 4.46% to $655.4 million in 2024, then advanced by 5.58% to $692.0 million in 2025, then increased by 1.59% to $703.0 million in 2026.
  • Per Business Quant, the three latest PANW Shares Outstanding (Entity) figures stand at $703.0 million (Q1 2026), $692.0 million (Q4 2025), and $667.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 7.43 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 279.14 Bn
3 Oracle 344.13 Bn 312.24 Bn - 2.86 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - 82.58 Bn
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 2.39 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 704.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 1.00 Bn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 738.80 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 352.63 Mn
10 Synopsys 72.71 Bn 70.50 Bn 1.77 Bn 189.59 Mn

Historic Data

Download Data
DateValue
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
Apr 30, 2021 581.40 Mn