Palo Alto Networks (PANW) - Shares outstanding

Number of shares outstanding as of December 2025 : 669,400,000

According to Palo Alto Networks 's latest financial reports and stock price the company's current number of shares outstanding is 669,400,000. At the end of 2025 the company had 669,400,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Palo Alto Networks from 2022 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	0.66 B	2.42%
2024	0.65 B	5.39%
2023	0.62 B	3.44%
2022	0.59 B

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
F5 FFIV	57,653,000	-91.39%	🇺🇸 USA
Cisco CSCO	3,956,000,000	490.98%	🇺🇸 USA
Fortinet FTNT	755,500,000	12.86%	🇺🇸 USA
Juniper Networks JNPR	333,300,000	-50.21%	🇺🇸 USA
HP HPQ	947,000,000	41.47%	🇺🇸 USA
FireEye FEYE	222,844,000	-66.71%	🇺🇸 USA
IBM IBM	933,900,000	39.51%	🇺🇸 USA
Intel INTC	4,514,000,000	574.34%	🇺🇸 USA
Check Point Software CHKP	107,400,000	-83.96%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Number of shares outstanding for Palo Alto Networks (PANW)

Number of shares outstanding as of December 2025 : 669,400,000