Palo Alto Networks, Inc. PANW

374.74 (15.18) (3.89%) as of 25 Sep
Market cap
$316.8B
P/E
706×
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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

Annual

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

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

Against its own ten years

Low $489.6M High $764.0M
Ten-year median $579.8M
Current reading's percentile 100

Shares outstanding against peers

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

The full definition of Shares outstanding →

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