Palo Alto Networks PANW
NASDAQ PANW
$335.33 +2.07 (+0.62%)
As of: Sep 8, 2026 · 3:46 PM EDT

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

Palo Alto Networks (PANW) posted Shares Outstanding (Entity) of $813.0 million for Q2 2026, up 15.65% on a QoQ basis from $703.0 million in Q1 2026, and up 22.09% year-over-year from $665.9 million in Q2 2025.

Analysis

Palo Alto Networks (PANW) Shares Outstanding (2011 - 2026) Analysis & Trends

Palo Alto Networks has reported Shares Outstanding (Entity) for 16 years, with the latest figure at $813.0 million in Q2 2026.

  • On a quarterly basis, Shares Outstanding (Entity) rose 22.09% year-over-year to $813.0 million in Q2 2026; TTM through Apr 2026 was $813.0 million, a 22.09% increase from a year earlier, with the FY2025 full-year figure at $668.0 million, up 2.74% from the prior year.
  • Shares Outstanding (Entity) was $813.0 million for Q2 2026 at Palo Alto Networks, up from $703.0 million in the prior quarter.
  • The five-year high for Shares Outstanding (Entity) was $813.0 million in Q2 2026, with the low at $591.0 million in Q1 2022.
  • Average Shares Outstanding (Entity) over 5 years is $647.3 million, with a median of $646.1 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2026: Shares Outstanding (Entity) advanced 1.34% in 2022, then grew 22.09% in 2026.
  • Over 5 years, Shares Outstanding (Entity) stood at $604.6 million in 2022, then gained by 3.77% to $627.4 million in 2023, then rose by 4.46% to $655.4 million in 2024, then climbed by 5.58% to $692.0 million in 2025, then gained by 17.49% to $813.0 million in 2026.
  • The last three Shares Outstanding (Entity) figures came in at $813.0 million (Q2 2026), $703.0 million (Q1 2026), and $692.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 Palo Alto Networks 268.50 Bn 265.38 Bn 2.03 Bn 801.00 Mn
2 CrowdStrike Holdings 212.64 Bn 207.62 Bn 1.10 Bn 1.02 Bn
3 Fortinet 114.91 Bn 110.84 Bn 1.64 Bn 733.10 Mn
4 Axon Enterprise 40.83 Bn 40.15 Bn 546.45 Mn 80.57 Mn
5 Zscaler 26.03 Bn 22.56 Bn - 160.22 Mn
6 F5 22.10 Bn 20.49 Bn 711.51 Mn 56.73 Mn
7 Rubrik 18.88 Bn 17.13 Bn 335.12 Mn 206.10 Mn
8 Gen Digital 17.82 Bn 17.26 Bn 1.03 Bn 599.00 Mn
9 Check Point Software Technologies 14.32 Bn 12.04 Bn 574.10 Mn 107.26 Mn
10 SentinelOne 6.64 Bn 5.98 Bn 210.42 Mn 341.53 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 801.00 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