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

Palo Alto Networks' Shares Outstanding (Diluted Average) history runs 10 years deep, the most recent figure standing at $713.0 million for Q1 2026.

• In Q1 2026, Shares Outstanding (Diluted Average) rose 0.56% year-over-year to $713.0 million; the TTM figure through Jan 2026 stood at $713.0 million (up 0.56% YoY), while the FY2025 annual figure was $709.3 million, changed 0.2% from the prior year.
• Shares Outstanding (Diluted Average) was $713.0 million for Q1 2026 at Palo Alto Networks, up from $709.0 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $713.0 million in Q1 2026 to a low of $294.5 million in Q1 2022.
• Historically, Shares Outstanding (Diluted Average) has averaged $547.6 million across 5 years, with a median of $707.3 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Shares Outstanding (Diluted Average) jumped 204.13% in 2022, then retreated 0.27% in 2025.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $338.4 million in 2022, then grew by 3.37% to $349.8 million in 2023, then soared by 102.69% to $709.0 million in 2024, then changed by 0.0% to $709.0 million in 2025, then rose by 0.56% to $713.0 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $713.0 million (Q1 2026), $709.0 million (Q4 2025), and $709.3 million (Q3 2025), per Business Quant data.