Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024)
Palo Alto Networks (PANW) recorded quarterly Shares Repurchased of $500.0 million in Q2 2024, up 649.63% quarter-over-quarter from $66.7 million in Q4 2023.
Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024) Analysis & Trends
Palo Alto Networks' Shares Repurchased history runs 13 years deep, the most recent figure standing at $500.0 million for Q2 2024.
- In Q2 2024, Shares Repurchased changed N/A year-over-year to $500.0 million; the TTM figure through Jan 2025 stood at $500.0 million (up 649.63% YoY), while the FY2024 annual figure was $566.7 million, up 107.81% from the prior year.
- Shares Repurchased was $500.0 million for Q2 2024 at Palo Alto Networks, up from $66.7 million in the prior quarter.
- In the past five years, Shares Repurchased ranged from a high of $1.0 billion in Q2 2020 to a low of $22.7 million in Q4 2022.
- Historically, Shares Repurchased has averaged $391.0 million across 5 years, with a median of $346.2 million in 2021.
- The sharpest annual moves came in 2021 and 2023: Shares Repurchased slumped 65.0% in 2021, then soared 193.83% in 2023.
- A 5-year view of Shares Repurchased shows it stood at $500.0 million in 2020, then plunged by 34.38% to $328.1 million in 2021, then plunged by 93.08% to $22.7 million in 2022, then jumped by 193.83% to $66.7 million in 2023, then soared by 649.63% to $500.0 million in 2024.
- The last three Shares Repurchased figures came in at $500.0 million (Q2 2024), $66.7 million (Q4 2023), and $250.0 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 4.63 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | - |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 823.00 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | - |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | - |
| 10 | CoreWeave | 53.50 Bn | 51.24 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2024 | 500.00 Mn |
| Apr 30, 2024 | 500.00 Mn |
| Oct 31, 2023 | 66.70 Mn |
| Oct 31, 2023 | 66.70 Mn |
| Jan 31, 2023 | 250.00 Mn |
| Jan 31, 2023 | 250.00 Mn |
| Oct 31, 2022 | 22.70 Mn |
| Oct 31, 2022 | 22.70 Mn |
| Jul 31, 2022 | 342.30 Mn |
| Jul 31, 2022 | 342.30 Mn |
| Jan 31, 2022 | 550.00 Mn |
| Jan 31, 2022 | 550.00 Mn |
| Jul 31, 2021 | 328.10 Mn |
| Jul 31, 2021 | 328.10 Mn |
| Apr 30, 2021 | 350.00 Mn |
| Apr 30, 2021 | 350.00 Mn |
| Oct 31, 2020 | 500.00 Mn |
| Oct 31, 2020 | 500.00 Mn |
| Apr 30, 2020 | 1.00 Bn |
| Apr 30, 2020 | 1.00 Bn |