Company / Shares Outstanding
Palo Alto Networks Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
650.2M
FY2025
5-year range
96.3M / 650.2M
FY2021-FY2025
Trend
+110.9%
vs FY2024
Sector context
#32 of 327
Information Technology
What the data says
Among 327 Information Technology companies, Palo Alto Networks is in the bottom 10% for shares outstanding. Shares Outstanding has increased for 4 consecutive years, from 96300000.00 in FY2021 to 650200000.00 in FY2025.
Based on SEC 10-K filings.
650200000.00 in FY2025 with a 5-year CAGR of +46.4%. Top quartile in the Information Technology sector.
Increased from 298800000.00 to 650200000.00 over the past 2 years.
Information Technology sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +88.4%
- 5-Year CAGR
- +46.4%
- 10-Year CAGR
- -
Sector benchmark
+58.7% above sector average
Key checks
Key Insights
- Palo Alto Networks's shares outstanding has grown for 4 consecutive years.
- In FY2025, shares outstanding increased 110.9% year-over-year.
- Ranks #32 out of 327 companies in the Information Technology sector.
- Lowest shares outstanding in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.84 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 650.2M | +110.9% |
| FY2024 | 308.3M | +3.2% |
| FY2023 | 298.8M | +207.1% |
| FY2022 | 97.3M | +1.0% |
| FY2021 | 96.3M | -0.5% |
| FY2020 | 96.8M | +3.4% |
| FY2019 | 93.6M | +2.3% |
| FY2018 | 91.5M | +1.1% |
| FY2017 | 90.5M | +6.7% |
| FY2016 | 84.8M | +6.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026