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| Date | Value |
|---|---|
| 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 |