Palo Alto Networks, Inc.
PANW Technology Software Infrastructure
Palo Alto Networks, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $11.5 billion, up 24.5% from fiscal 2025. In the quarter to July 2026, revenue grew 34.5%, EPS fell 192.1%, free cash flow grew 34.3% and total debt rose 174.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
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Palo Alto Networks, Inc. (PANW) Shares outstanding
Palo Alto Networks, Inc.'s shares outstanding at the end of fiscal 2026 was $764.0M, up 7.76% from $709.0M in fiscal 2025. Over the past ten years it has ranged from $489.6M (fiscal 2015) to $764.0M (fiscal 2026) — the current reading is the highest in ten years. Palo Alto Networks, Inc. ranks 6th of 165 Software Infrastructure companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2026 | $764.0M | 7.76% |
| FY2025 | $709.0M | 0.14% |
| FY2024 | $708.0M | 3.43% |
| FY2023 | $684.5M | 15.78% |
| FY2022 | $591.2M | 2.25% |
| FY2021 | $578.2M | (0.55%) |
| FY2020 | $581.4M | 2.54% |
| FY2019 | $567.0M | 3.05% |
| FY2018 | $550.2M | 1.21% |
| FY2017 | $543.6M | 4.02% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jul 2026 | $764.0M | (4.62%) |
| Apr 2026 | $801.0M | 12.66% |
| Jan 2026 | $711.0M | 0.28% |
| Oct 2025 | $709.0M | 0.00% |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| ORCL Oracle Corporation compare | $3.0B |
| PLTR Palantir Technologies Inc. compare | $2.6B |
| CRWD CrowdStrike compare | $1.0B |
| PANW Palo Alto Networks, Inc. | $764.0M |
| FTNT Fortinet, Inc. compare | $739.9M |
| XYZ Block, Inc. compare | $608.8M |
| NET Cloudflare, Inc. compare | $354.3M |
| NBIS Nebius Group N.V. compare | $280.4M |
| SNPS Synopsys, Inc. compare | $192.3M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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