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Ratios

Palo Alto Networks (PANW) Shares Outstanding (2016 - 2026)

Palo Alto Networks' Shares Outstanding history spans 15 years, with the latest figure at $703.0 million for Q1 2026.

  • Quarterly Shares Outstanding rose 6.52% to $703.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $703.0 million through Jan 2026, up 6.52% year-over-year, with the annual reading at $668.0 million for FY2025, 2.77% up from the prior year.
  • Shares Outstanding came in at $703.0 million for Q1 2026, up from $692.0 million in the prior quarter.
  • In the past five years, Shares Outstanding ranged from a high of $703.0 million in Q1 2026 to a low of $295.4 million in Q1 2022.
  • The 5-year median for Shares Outstanding is $645.4 million (2024), against an average of $549.0 million.
  • The largest YoY upside for Shares Outstanding was 206.88% in 2022 against a maximum downside of 2.13% in 2022.
  • Palo Alto Networks' Shares Outstanding stood at $302.3 million in 2022, then surged by 107.58% to $627.5 million in 2023, then rose by 4.38% to $655.0 million in 2024, then grew by 5.65% to $692.0 million in 2025, then grew by 1.59% to $703.0 million in 2026.
  • Per Business Quant, the three most recent readings for PANW's Shares Outstanding are $703.0 million (Q1 2026), $692.0 million (Q4 2025), and $668.0 million (Q3 2025).