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Growth Metrics

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

Palo Alto Networks has reported Shares Outstanding over the past 15 years, most recently at $703.0 million for Q1 2026.

  • Quarterly results put Shares Outstanding at $703.0 million for Q1 2026, up 6.52% from a year ago — trailing twelve months through Jan 2026 was $703.0 million (up 6.52% YoY), and the annual figure for FY2025 was $668.0 million, up 2.77%.
  • Shares Outstanding for Q1 2026 was $703.0 million at Palo Alto Networks, up from $692.0 million in the prior quarter.
  • Over the last five years, Shares Outstanding for PANW hit a ceiling of $703.0 million in Q1 2026 and a floor of $295.4 million in Q1 2022.
  • Median Shares Outstanding over the past 5 years was $645.4 million (2024), compared with a mean of $549.0 million.
  • Peak annual rise in Shares Outstanding hit 206.88% in 2022, while the deepest fall reached 2.13% in 2022.
  • Palo Alto Networks' Shares Outstanding stood at $302.3 million in 2022, then skyrocketed by 107.58% to $627.5 million in 2023, then increased by 4.38% to $655.0 million in 2024, then rose by 5.65% to $692.0 million in 2025, then rose by 1.59% to $703.0 million in 2026.
  • The last three reported values for Shares Outstanding were $703.0 million (Q1 2026), $692.0 million (Q4 2025), and $668.0 million (Q3 2025) per Business Quant data.