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Companies / Information Technology / Systems Software

Palo Alto Networks stock buybacks

PANW
$0bought back in the 12 months to Jul 31, 2026

Palo Alto Networks hasn’t bought back stock since Q3 2024.

Stock repurchases by quarter
$0$300M$600MQ4 '20Q4 '21Q4 '22Q4 '23Q4 '24Q3 '26
Show as table
PeriodValue
Q4 '20$500M
Q1 '21$0
Q2 '21$350M
Q3 '21$328.1M
Q4 '21$0
Q1 '22$550M
Q2 '22$0
Q3 '22$342.3M
Q4 '22$22.7M
Q1 '23$250M
Q2 '23$0
Q3 '23$0
Q4 '23$66.7M
Q1 '24$0
Q2 '24$500M
Q3 '24$300,000
Q4 '24$0
Q1 '25$0
Q2 '25$0
Q3 '25$0
Q4 '25$0
Q1 '26$0
Q2 '26$0
Q3 '26$0
Diluted shares outstanding
592.8M708.2M823.6MQ2 '21Q3 '22Q3 '23Q3 '24Q3 '25Q3 '26
Show as table
PeriodValue
Q2 '21581.4M
Q4 '21585.8M
Q1 '22589.0M
Q2 '22593.4M
Q3 '22596.6M
Q4 '22676.8M
Q1 '23663.2M
Q2 '23689.4M
Q3 '23708.6M
Q4 '23699.6M
Q1 '24715.0M
Q2 '24709.3M
Q3 '24708.1M
Q4 '24709.0M
Q1 '25709.0M
Q2 '25707.0M
Q3 '25711.0M
Q4 '25709.0M
Q1 '26711.0M
Q2 '26801.0M
Q3 '26835.0M
$0last quarter (Q3 2026)
−$1.8Bnet of stock compensation ($1.8B)
+17.4%diluted shares, 1 year
+32.1%diluted shares, 5 years
—dividends, 12 months
0%of free cash flow ($4.1B) spent on buybacks
$0raised by issuing stock, 12 months
$1.0Bleft under its authorization as of Jul 31, 2026

Share counts are adjusted for 2 stock splits (3-for-1, 2-for-1).

By fiscal year

Fiscal yearBuybacksDividendsStock payFree cash flowDiluted sharesFiling
2026$1.0B—$1.8B$4.1B764.0M10-K
2025$0—$1.3B$3.5B709.0M10-K
2024$567M—$1.1B$3.1B708.0M10-K
2023$273M—$1.1B$2.6B684.5M10-K
2022$892M—$1.0B$1.8B591.2M10-K
2021$1.2B—$895M$1.4B578.2M10-K
2020$1.2B—$658M$821M581.4M10-K
2019$330M—$568M$924M567.0M10-K
2018$259M—$497M$926M—10-K
2017$411M—$475M$705M—10-K

Questions

Does Palo Alto Networks buy back its stock?
Palo Alto Networks hasn’t bought back stock since Q3 2024.
How much did Palo Alto Networks spend on buybacks in fiscal 2026?
$1.0B, according to its 10-K for the fiscal year ending Jul 31, 2026.
Is Palo Alto Networks's share count going down?
Its diluted share count changed +32.1% over five fiscal years and +17.4% over the last year.
Does Palo Alto Networks have a buyback authorization?
Its filings show $1.0B remaining under its repurchase authorization as of Jul 31, 2026.

Latest filing used: 10-K for the period ending Jul 31, 2026, filed Sep 10, 2026 · open on SEC.gov

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