Palo Alto Networks (PANW) Shares Outstanding (Weighted Average) (2011 - 2026)
Palo Alto Networks (PANW) recorded quarterly Shares Outstanding (Weighted Average) of $695.0 million in Q1 2026, up 2.36% quarter-over-quarter from $679.0 million in Q4 2025, and up 5.78% on a YoY basis from $657.0 million in Q1 2025.
Palo Alto Networks (PANW) Shares Outstanding (Weighted Average) (2011 - 2026) Analysis & Trends
Palo Alto Networks' Shares Outstanding (Weighted Average) history runs 16 years deep, the most recent figure standing at $695.0 million for Q1 2026.
- In Q1 2026, Shares Outstanding (Weighted Average) rose 5.78% year-over-year to $695.0 million; the TTM figure through Jan 2026 stood at $695.0 million (up 5.78% YoY), while the FY2025 annual figure was $662.5 million, up 3.76% from the prior year.
- Shares Outstanding (Weighted Average) was $695.0 million for Q1 2026 at Palo Alto Networks, up from $679.0 million in the prior quarter.
- In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $695.0 million in Q1 2026 to a low of $294.5 million in Q1 2022.
- Historically, Shares Outstanding (Weighted Average) has averaged $507.8 million across 5 years, with a median of $629.7 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Weighted Average) soared 207.09% in 2022, then grew 2.21% in 2023.
- A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $299.8 million in 2022, then grew by 3.44% to $310.1 million in 2023, then jumped by 110.9% to $654.0 million in 2024, then grew by 3.82% to $679.0 million in 2025, then rose by 2.36% to $695.0 million in 2026.
- The last three Shares Outstanding (Weighted Average) figures came in at $695.0 million (Q1 2026), $679.0 million (Q4 2025), and $662.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 7.43 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 115.64 Bn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 2.87 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 2.39 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 695.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 250.58 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 738.80 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 189.59 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 352.63 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 527.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 695.00 Mn |
| Oct 31, 2025 | 679.00 Mn |
| Jul 31, 2025 | 662.50 Mn |
| Apr 30, 2025 | 665.10 Mn |
| Jan 31, 2025 | 657.00 Mn |
| Oct 31, 2024 | 654.00 Mn |
| Jul 31, 2024 | 638.50 Mn |
| Apr 30, 2024 | 645.80 Mn |
| Jan 31, 2024 | 629.70 Mn |
| Oct 31, 2023 | 310.10 Mn |
| Jul 31, 2023 | 606.40 Mn |
| Apr 30, 2023 | 303.90 Mn |
| Jan 31, 2023 | 301.00 Mn |
| Oct 31, 2022 | 299.80 Mn |
| Jul 31, 2022 | 295.60 Mn |
| Apr 30, 2022 | 294.70 Mn |
| Jan 31, 2022 | 294.50 Mn |
| Oct 31, 2021 | 292.90 Mn |
| Jul 31, 2021 | 289.10 Mn |
| Apr 30, 2021 | 96.10 Mn |