Palo Alto Networks (PANW) Shares Outstanding (2012 - 2026)

Palo Alto Networks' Shares Outstanding history runs 15 years deep, the most recent figure standing at $703.0 million for Q1 2026.

• In Q1 2026, Shares Outstanding rose 6.52% year-over-year to $703.0 million; the TTM figure through Jan 2026 stood at $703.0 million (up 6.52% YoY), while the FY2025 annual figure was $668.0 million, up 2.77% from the prior year.
• Shares Outstanding was $703.0 million for Q1 2026 at Palo Alto Networks, 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.
• Historically, Shares Outstanding has averaged $549.0 million across 5 years, with a median of $645.4 million in 2024.
• Biggest YoY gain for Shares Outstanding was 206.88% in 2022; the steepest drop was 2.13% in 2022.
• A 5-year view of Shares Outstanding shows it stood at $302.3 million in 2022, then soared by 107.58% to $627.5 million in 2023, then grew by 4.38% to $655.0 million in 2024, then increased by 5.65% to $692.0 million in 2025, then increased by 1.59% to $703.0 million in 2026.
• The last three Shares Outstanding figures came in at $703.0 million (Q1 2026), $692.0 million (Q4 2025), and $668.0 million (Q3 2025), per Business Quant data.