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
DateValue
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