Stocks / PANW / Shares Outstanding

Palo Alto Networks, Inc. Shares Outstanding 2011–2025

Palo Alto Networks, Inc. reported 668.0M of shares outstanding for fiscal 2025. That was 2.7% higher than fiscal 2024. Compared with fiscal 2020, the change was +15.6%. A rising share count can dilute per-share ownership; the filings should be checked for issuance and stock-compensation details.

Latest filed value
668.0M
One-year change
+2.7%
Change since 2020
+15.6%
Latest period end
2025-07-31
Palo Alto Networks, Inc. Shares Outstanding history from 2011 to 2025FY 2011: 118506000FY 2012: 407112000FY 2013: 429672000FY 2014: 477114000FY 2015: 508800000FY 2016: 543000000FY 2017: 549000000FY 2018: 561600000FY 2019: 580800000FY 2020: 577800000FY 2021: 583800000FY 2022: 597600000FY 2023: 616600000FY 2024: 650200000FY 2025: 668000000
Annual filed history. Hover chart points for raw values; the accessible table below is the source of record.
Fiscal yearShares OutstandingChange (YoY)
FY 2025668.0M+2.7%
FY 2024650.2M+5.4%
FY 2023616.6M+3.2%
FY 2022597.6M+2.4%
FY 2021583.8M+1.0%
FY 2020577.8M-0.5%
FY 2019580.8M+3.4%
FY 2018561.6M+2.3%
FY 2017549.0M+1.1%
FY 2016543.0M+6.7%
FY 2015508.8M+6.6%
FY 2014477.1M+11.0%
FY 2013429.7M+5.5%
FY 2012407.1M+243.5%
FY 2011118.5M—

Source: Palo Alto Networks, Inc. SEC filings — balance sheet (10-K), split-adjusted. Computed deterministically; refreshed nightly (last updated August 2, 2026). Open PANW 10-K filings at SEC EDGAR · Methodology · Download CSV.

How to read this history

Palo Alto Networks, Inc. reported 668.0M of shares outstanding for fiscal 2025. That was 2.7% higher than fiscal 2024. Compared with fiscal 2020, the change was +15.6%. A rising share count can dilute per-share ownership; the filings should be checked for issuance and stock-compensation details. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.

Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.

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Palo Alto Networks, Inc. — frequently asked questions

What is Palo Alto Networks, Inc.'s shares outstanding?

Palo Alto Networks, Inc. (PANW) reported shares outstanding of 668.0M for fiscal year 2025, per its SEC filings.

How has Palo Alto Networks, Inc.'s shares outstanding changed over time?

Between fiscal 2011 and 2025, PANW's shares outstanding grew at roughly 13.1% per year (compound annual rate), from 118.5M to 668.0M.

Where does this data come from?

Figures are computed from Palo Alto Networks, Inc.'s official SEC filings (balance sheet (10-K), split-adjusted), refreshed nightly. Not investment advice.

More PANW financial history

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