Earnings Per Share
Shares (Diluted)
Palo Alto Networks, Inc. Shares (Diluted) increased by 0.3% to 711M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from 709M to 711M. Over 3 years (FY 2021 to FY 2025), Shares (Diluted) shows an upward trend with a 64.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
An increase indicates potential dilution from employee compensation or convertible instruments, which can reduce earnings per share.
Detailed definition
The weighted-average number of common shares outstanding plus the effect of all potentially dilutive securities, such as...
Peer comparison
Standard metric for all public companies; essential for understanding the impact of equity-based compensation.
Metric ID:
weighted_shares_dilutedHistorical Data
19 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 96.9M | 193M | 292.9M | 294.5M | 296.7M | 900K | 338.4M | 331.6M | 344.7M | 346.4M | 349.8M | 715M | 709.3M | 709M | 709M | 707.4M | 700K | 709M | 711M |
| QoQ Change | — | +99.2% | +51.8% | +0.5% | +0.7% | -99.7% | >999% | -2.0% | +4.0% | +0.5% | +1.0% | +104.4% | -0.8% | -0.0% | +0.0% | -0.2% | -99.9% | >999% | +0.3% |
| YoY Change | — | — | — | — | +206.2% | -99.5% | +15.5% | +12.6% | +16.2% | >999% | +3.4% | +115.6% | +105.8% | +102.7% | -0.8% | -0.3% | — | +0.0% | +0.3% |
Range700K – 715M
CAGR+55.7%
Avg YoY Growth>999%
Median YoY Growth+14.1%
Current Streak2 quarters growth
Shares (Diluted) at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s shares (diluted)?
- Palo Alto Networks, Inc. (PANW) reported shares (diluted) of 711M in Q4 2025.
- How has Palo Alto Networks, Inc.'s shares (diluted) changed year-over-year?
- Palo Alto Networks, Inc.'s shares (diluted) increased by 0.3% year-over-year, from 709M to 711M.
- What is the long-term trend for Palo Alto Networks, Inc.'s shares (diluted)?
- Over 3 years (2021 to 2025), Palo Alto Networks, Inc.'s shares (diluted) has grown at a 64.1% compound annual growth rate (CAGR), from 481.3M to 2.1B.
- What does shares (diluted) mean?
- The average number of shares outstanding including all potential shares that could be created.