← Palo Alto Networks, Inc.

Palo Alto Networks, Inc.

Palo Alto Networks, Inc.PANW Shares Outstanding

Total shares outstanding each quarter, showing dilution from issuance or reduction from buybacks.

Shares Outstanding

Latest: 817M (Q4 FY2026)

Period Value
Q3 FY2019 96M
Q1 FY2020 98M
Q2 FY2020 100M
Q3 FY2020 96M
Q1 FY2021 95M
Q2 FY2021 97M
Q3 FY2021 97M
Q1 FY2022 99M
Q2 FY2022 98M
Q3 FY2022 100M
Q1 FY2023 302M
Q2 FY2023 303M
Q3 FY2023 306M
Q1 FY2024 350M
Q2 FY2024 715M
Q3 FY2024 709M
Q4 FY2024 324M
Q1 FY2025 709M
Q2 FY2025 709M
Q3 FY2025 707M
Q4 FY2025 709M
Q1 FY2026 709M
Q2 FY2026 697M
Q4 FY2026 817M

* In some reporting periods, diluted weighted-average shares are used instead of period-end shares outstanding. Please verify individual figures against the company's SEC filings.

Latest Shares Outstanding: 817M (Q4 FY2026); +15.2% YoY; +27.8% CAGR since Q3 FY2012 (14.25y).

Across the 45 quarters from Q3 FY2012 to Q4 FY2026, Shares Outstanding ranged from 25M in Q3 FY2012 to 817M in Q4 FY2026.

Chart and table show the latest 24 of 45 quarters.

Other PANW Charts

More quarter-by-quarter fundamentals for Palo Alto Networks, Inc.

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Networking & Security Comparison

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