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

Palo Alto Networks, Inc. (PANW) reported common stock shares issued of 703M in Q4 2025.

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

Palo Alto Networks, Inc.'s common stock shares issued increased by 6.5% year-over-year, from 660.4M to 703M.

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

Over 3 years (2022 to 2025), Palo Alto Networks, Inc.'s common stock shares issued has grown at a 30.8% compound annual growth rate (CAGR), from 298.8M to 668M.

What does common stock shares issued mean?

The total count of common stock shares that have been issued by the company.

Equity

Common Stock Shares Issued

Palo Alto Networks, Inc. Common Stock Shares Issued increased by 1.6% to 703M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from 660.4M to 703M. Over 3 years (FY 2022 to FY 2025), Common Stock Shares Issued shows an upward trend with a 30.8% CAGR.

Analysis

StatementBalance Sheet Statement

SectionEquity

CategoryCapital Allocation

SignalContext dependent

VolatilityModerate

First reportedQ4 2015

Last reportedQ2 2026Feb 18, 2026

How to read this metric

Growth in issued shares often signals equity-based financing or employee compensation, whereas a decline reflects share repurchase programs.

Detailed definition

The total number of common stock shares that have been issued by the company to shareholders, including both outstanding...

Peer comparison

Standard metric for all publicly traded companies.

Metric ID: common_stock_shares_issued

Historical Data

15 periods

	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	298.8M	302.3M	302.4M	305.6M	308.3M	313.7M	322.7M	323.4M	650.2M	327.7M	660.4M	665.9M	668M	692M	703M
QoQ Change	—	+1.2%	+0.0%	+1.1%	+0.9%	+1.8%	+2.9%	+0.2%	+101.1%	-49.6%	+101.5%	+0.8%	+0.3%	+3.6%	+1.6%
YoY Change	—	—	—	—	+3.2%	+3.8%	+6.7%	+5.8%	+110.9%	+4.5%	+104.6%	+105.9%	+2.7%	+111.2%	+6.5%

Range298.8M – 703M

CAGR+27.7%

Avg YoY Growth+42.3%

Median YoY Growth+6.5%

Current Streak5 quarters growth

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Frequently Asked Questions

What is Palo Alto Networks, Inc.'s common stock shares issued?: Palo Alto Networks, Inc. (PANW) reported common stock shares issued of 703M in Q4 2025.
How has Palo Alto Networks, Inc.'s common stock shares issued changed year-over-year?: Palo Alto Networks, Inc.'s common stock shares issued increased by 6.5% year-over-year, from 660.4M to 703M.
What is the long-term trend for Palo Alto Networks, Inc.'s common stock shares issued?: Over 3 years (2022 to 2025), Palo Alto Networks, Inc.'s common stock shares issued has grown at a 30.8% compound annual growth rate (CAGR), from 298.8M to 668M.
What does common stock shares issued mean?: The total count of common stock shares that have been issued by the company.