What is Palo Alto Networks, Inc.'s common stock?

Palo Alto Networks, Inc. (PANW) reported common stock of 2B in Q4 2025.

How has Palo Alto Networks, Inc.'s common stock changed year-over-year?

Palo Alto Networks, Inc.'s common stock decreased by 54.8% year-over-year, from 4.4B to 2B.

What is the long-term trend for Palo Alto Networks, Inc.'s common stock?

Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s common stock has grown at a -3.6% compound annual growth rate (CAGR), from 2.3B to 2B.

What does common stock mean?

The total par value of all common shares issued to shareholders.

Equity

Common Stock

Palo Alto Networks, Inc. Common Stock decreased by 65.4% to 2B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 54.8%, from 4.4B to 2B. Over 4 years (FY 2021 to FY 2025), Common Stock shows a downward trend with a -3.6% CAGR.

Analysis

StatementBalance Sheet Statement

SectionEquity

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2015

Last reportedQ2 2026Feb 18, 2026

How to read this metric

An increase indicates the issuance of new shares, which may dilute existing shareholders, while a stable balance indicates no new equity financing.

Detailed definition

This represents the aggregate par value of all common shares issued and outstanding. It is the foundational equity layer...

Peer comparison

Standard equity line item for all publicly traded companies.

Metric ID: common_stock

Historical Data

16 periods

	Q4 '21	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Value	2.3B	1.9B	2.3B	2.3B	2.7B	3B	3.3B	3.7B	3.5B	3.8B	1B	4.4B	5B	2B	5.8B	2B
QoQ Change	—	-16.4%	+17.3%	+1.6%	+17.6%	+11.5%	+9.2%	+10.7%	-3.3%	+8.2%	-73.8%	+342.1%	+12.0%	-59.6%	+189.0%	-65.4%
YoY Change	—	-16.4%	—	—	—	+56.2%	+45.5%	+58.5%	+30.4%	+26.6%	-69.7%	+21.1%	+40.3%	-47.7%	+478.0%	-54.8%

Range1B – 5.8B

CAGR-3.8%

Avg YoY Growth+47.3%

Median YoY Growth+28.5%

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Frequently Asked Questions

What is Palo Alto Networks, Inc.'s common stock?: Palo Alto Networks, Inc. (PANW) reported common stock of 2B in Q4 2025.
How has Palo Alto Networks, Inc.'s common stock changed year-over-year?: Palo Alto Networks, Inc.'s common stock decreased by 54.8% year-over-year, from 4.4B to 2B.
What is the long-term trend for Palo Alto Networks, Inc.'s common stock?: Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s common stock has grown at a -3.6% compound annual growth rate (CAGR), from 2.3B to 2B.
What does common stock mean?: The total par value of all common shares issued to shareholders.