Palo Alto Networks, Inc.
Palo Alto Networks, Inc. (PANW) Shares Outstanding — Overview
Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.
PANW · shares outstanding · updated Jun 10, 2026
Key metrics
as of Jul 31, 2025Shares Outstanding Growth Rate
CAGR · weighted avg basic sharesNegative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials
Shares outstanding history
Annual shares outstanding by year
Technology sector shares outstanding comparison
Shares Outstanding for similar companies or competitors in the Technology sector.
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Understanding Shares Outstanding
Basic · Diluted · FloatWhat Are Shares Outstanding? (Basic)
Palo Alto Networks, Inc. (PANW) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of July 31, 2025, Palo Alto Networks, Inc. reports 662.5M basic shares outstanding (weighted average).
Basic vs. Diluted Shares Outstanding
Palo Alto Networks, Inc.'s basic shares outstanding (662.5M) represents currently issued shares. Diluted shares outstanding (709.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +7.06%.
Shares Outstanding vs. Float (Free Float)
Palo Alto Networks, Inc.'s float is — (— of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.
ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.
FMP /income-statement · /shares-float · SEC EDGAR · USD
About shares outstanding & methodology
Palo Alto Networks, Inc. (PANW) shares outstanding history from 2009 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.
Palo Alto Networks, Inc. shares outstanding for the fiscal year ending July 31, 2025 were 662.5M, a 3.78% increase year-over-year. Palo Alto Networks, Inc. FY 2025 shares outstanding were 662.5M, a +3.78% increase from FY 2024.
Palo Alto Networks, Inc. is a leading company operating in the Technology sector. The company's share count trajectory — with a 10-year CAGR of +3.1% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.
Frequently asked questions
PANW shares outstanding · 4 questionsAs of July 31, 2025, Palo Alto Networks, Inc. (PANW) has approximately 662.5M basic shares outstanding and 709.3M diluted shares outstanding. This represents a +3.78% year-over-year increase from FY 2024 (638.4M). The increase may reflect equity compensation issuances or secondary offerings.
▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Palo Alto Networks, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-10