Palo Alto Networks' Shares Outstanding (Diluted Average) changed negligibly% to $709.0 million in Q4 2025 from the same period last year, while for Oct 2025 it was $709.0 million, marking a year-over-year negligible change of negligibly%. This contributed to the annual value of $709.3 million for FY2025, which is 0.20% up from last year.
According to the latest figures from Q4 2025, Palo Alto Networks' Shares Outstanding (Diluted Average) is $709.0 million, which was down 0.04% from $709.3 million recorded in Q3 2025.
Palo Alto Networks' Shares Outstanding (Diluted Average)'s 5-year high stood at $715.0 million during Q1 2024, with a 5-year trough of $96.9 million in Q2 2021.
Moreover, its 3-year median value for Shares Outstanding (Diluted Average) was $708.8 million (2024), whereas its average is $615.9 million.
Its Shares Outstanding (Diluted Average) has fluctuated over the past 5 years, first surged by 206.19% in 2022, then decreased by 0.83% in 2025.
Over the past 5 years, Palo Alto Networks' Shares Outstanding (Diluted Average) (Quarterly) stood at $292.9 million in 2021, then increased by 15.53% to $338.4 million in 2022, then rose by 3.37% to $349.8 million in 2023, then skyrocketed by 102.69% to $709.0 million in 2024, then remained steady at $709.0 million in 2025.
Its Shares Outstanding (Diluted Average) stands at $709.0 million for Q4 2025, versus $709.3 million for Q3 2025 and $708.6 million for Q2 2025.

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