Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024)

Palo Alto Networks (PANW) posted quarterly Shares Repurchased of $500.0 million for Q2 2024, up 649.63% on a QoQ basis from $66.7 million in Q4 2023.

Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024) Analysis & Trends

Palo Alto Networks (PANW) has reported Shares Repurchased for 13 consecutive years, with $500.0 million the latest figure, recorded in 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 came in at $500.0 million for Q2 2024 at Palo Alto Networks, up from $66.7 million in the prior quarter.
  • The five-year high for Shares Repurchased was $1.0 billion in Q2 2020, with the low at $22.7 million in Q4 2022.
  • Average Shares Repurchased over 5 years is $391.0 million, with a median of $346.2 million recorded in 2021.
  • Across the five-year window, Shares Repurchased tumbled 65.0% in 2021 and soared 193.83% in 2023, its largest moves.
  • Year by year, Shares Repurchased stood at $500.0 million in 2020, then sank by 34.38% to $328.1 million in 2021, then sank 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.
  • According to Business Quant data, Shares Repurchased over the past three periods registered $500.0 million, $66.7 million, and $250.0 million for Q2 2024, Q4 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Repurchased (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 4.63 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn -
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 823.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 635.99 Mn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn -

Historic Data

Download Data
DateValue
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