On this page of Benford's Law Stocks.com we present our study of Palo Alto Networks Inc — ticker symbol PANW. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 9/3/2021 to 6/2/2026 for Palo Alto Networks Inc under CIK number 0001327567. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for PANW, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Palo Alto Networks Inc based on the past PANW filings our system processed in the past.
Benford Chart for PANW 10Q Filed 6/2/2026
29.2
18.2
11.1
9.9
8.4
7.8
5.7
5.0
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, PANW stockholder letter ]
Total numbers found: 1,054
Recent share count: 816,000,000 (8's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
1054
High count compared to other filers, with PANW falling in the highest quartile of filers. At this number count, it would take about 11 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for PANW = 99
99

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
PANW's Score Vs. Typical Stock
Benford's Law Stocks Indicator
PANW
High score compared to other filers, with PANW falling in the highest 10% of filers.
Other Stocks Ranking Near PANW
Check our work! We provide our Palo Alto Networks Inc Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PANW filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 308 numbers that start with the digit 1. Here they are:
10
1,002
160
1,192
18,598
15,752
100
13
1,542
1,228
1,836
167
101
1,926
1,495
1,772
1,670
1,773
1,480
1,161
164
1,451
183
1
156
1,004
124
177
1.33
1.24
177
19
16
17
12
12
177
177
126
126
16
16
1,000
1,000
112
18,488
18,488
13
14
1,968
11
125
125
1,315
1,315
1,000
1,000
112
18,488
18,488
13
1,350
16
183
183
1,314
1
120
102
119
11
1,824
1,208
160
1,442
10
1,000
125
183
154
1,005
1,547
12
18,862
1,854
1,425
164
105
1,530
1,714
1,402
1,542
1,228
1,632
1,234
1,798
1,836
18.4
1,206
1,206
169
169
1,556
1,206
169
1,375
10
10
15
15
13
13
164
164
1,315
1,315
1
1
1,206
160
160
124
124
124
129
1,192
1,192
1
1
116
116
1
116
117
1,358
1,598
110
120
19
154
10
10
10
1
11
169
169
169
169
15
15
1
170
170
1,328
1,337
1
1,073
1,075
1,559
1,570
102
102
145
145
1.2
1,079
1,002
126
1,002
18
1,262
109
104
120
10
174
14
18
140
1,383
18
1,730
19
109
10
112
18,488
14,802
1,217
1,303
12
12
1
1
13
16
1
17
169
140
134
178
17,335
123
192
11
13
15
1
1
1,170
146
197
14
125
129
1,078
14.5
1.25
110
100
100
113.8860
153
160
160
1.1
1.2
12
10
153
1
1.000
1.375
150
1,295
1,352
1,398
152
191
109
10
136
1,316
1,362
1,407
152
114
150
146
1
1.0
1.0
1.0
147.70
1.0
13
143.33
140.92
1,635
14
178.55
186.49
140.04
150.47
153.49
142.73
19
169.21
156.51
1,461
176.20
165.30
161.59
1
197
1
1
114
134
188
173
1,355
177
1
140
13.5
15.6
12.3
177
11
15
1.33
1.24
14
14
1
1
1,542
1,228
1,632
1,234
1,798
1,530
1,714
1,402
1.25
We found 192 numbers that start with the digit 2. Here they are:
2,364
2,269
2,852
2,965
21,902
2,380
2,424
23,576
293
232
259
2,000
24,608
2,484
27,668
23,576
2,408
2,289
277
2,297
2,028
2,804
2,271
2,211
219
27
282
261
21
216
262
22
22
262
24
26
21
26
236
265
265
24,608
27,668
262
262
202
202
2
2
2,230
2,484
264
264
2
27
24,608
27,668
2
2,230
259
20
2,695
2,421
2,821
2,098
264
2
2,279
2,374
2,395
2,364
2,383
2,374
2,395
2,018
279
2,289
2,128
2,408
2,289
2
2
27
27
22
22
26
26
276
276
276
280
238
238
238
238
240
20
240
240
2
2
20
24
29
29
2,064
2,064
223
261
242
226
25
204
28
2,842
2,951
2
2,364
2,951
255
2.2005
21.1
2,308
265
21,061
274
21,061
2,537
219
23
2
2
29
24
231
20
231
2,621
2
21,902
2,929
274
262
240
219
27
24
24
25
29
280
281
2.0
203
27
211.24
280.75
20
280.75
20
211.24
287.21
291.44
262
246
21
2
2,285
2
2
226.06
261.62
264.51
2
206
258
238
26.8
262
25
25
22
22
285
266
27
282
261
2,128
2,018
279
We found 117 numbers that start with the digit 3. Here they are:
387
347
3,881
338
3,073
3,002
371
316
3
311
39
37
31
32
32
3
30
30
324
3,250
3,073
334
334
374
374
3,073
3,821
360
360
38
344
38
35
347
328
34
3,196
3,399
337
361
305
351
3,002
3,659
3,002
3
3
3,118
3,118
39
39
3,881
3,881
3
3
3
3
3
369
3,521
3,531
343
38
352
306
30
3.0
35
300
312
3,500
3
35
35
388
391
3,043
3,387
33
37
37
359
3,143
375
371
30
30
30
37
350
375
3,598
3,598
3
3,450
3
3
36.6
3.6
3.9
3.7
305.83
32.76
32.76
32
388
372
326
36
3.6
39
37
30
37
37
3,659
351
4's 5's 6's
We found 104 numbers that start with the digit 4. Here they are:
454
419
4,567
422
46,266
48
46,266
453
4,913
494
416
4,167
49
43
46
4,421
4,952
48
48
4,952
48
442
410
48
441
410
47
42
49
4,563
499
405
4
4,968
4,169
403
4,474
480
453
4,400
4.9
4.4
413
413
463
463
4,050
4,050
4
4
4
4
4
4
4,331
4,344
4,588
47
4,634
4,943
4,956
47
450
4
4
435
49
40
412
45.00
41
41
4,567
458
4,364
4,124
486
407
41
43
40
4.3161
400
469
449
42
4
40
4.1
4
42.6
43.5
47.6
4.5
4
4
477
411
4
41
453
4,400
4,474
480
We found 89 numbers that start with the digit 5. Here they are:
591
520
506
5,555
551
586
593
5,292
594
5,457
518
5,773
5,250
523
589
589
5
59
50
528
59
59
5
5
5
5,292
589
589
5,169
50
50
589
514
54
53
50
53
583
5,371
594
5,457
535
535
584
584
5,555
5,555
58
58
58
58
5,115
5
5
5
514
518
5
514
535
535
56
5
5
591
553
5
50
5
54
504
525
565
57
565
56
59
523
524
536
5.6
5.4
5.5690
5.1
50
589
5
594
5,371
We found 82 numbers that start with the digit 6. Here they are:
635
6
678
680
608
6,302
6,492
6,450
668
6,528
6,685
619
673
665
659
62
61
6,097
648
648
660
6,375
62
62
6
666
668
61
61
650
666
669
68
64
6
649
633
6,685
602
6,528
6,685
612
6
6
630
630
64
64
64
64
6,059
6,415
665
649
669
669
612
612
66
66
6,130
6,185
661
65
69
682
6,279
61
6,279
61
609
68.08
60
6
67
684
665
659
6
6
602
633
7's 8's 9's
We found 60 numbers that start with the digit 7. Here they are:
747
715
705
7,713
7,523
779
7,283
763
760
7,113
7,988
719
7,824
734
793
746
79
729
707
744
708
703
7
7,230
7,824
7
7,230
776
75
75
724
724
7,621
75
75
734
737
715
779
732
743
776
7
7,598
744
7,283
763
7,283
710
7
7
729
7
707
744
708
79
71
76
776
We found 53 numbers that start with the digit 8. Here they are:
815
846
89
887
813
8,070
807
805
880
81
801
801
880
813
813
880
880
8
8
880
830
848
809
8,070
8,070
8.3
806
86
834
8
8
821
8
8,917
8
8
8,027
88
889
88.2630
88.2630
8,092
8,529
8
880
801
8
801
81
8
8
8
809
We found 49 numbers that start with the digit 9. Here they are:
9,006
930
974
93
930
9,393
954
954
941
9
95
985
944
944
944
94
94
95
95
944
9
944
95
9
9
962
9
964
945
9
9
97
986
906
91
98
94
94
9
92
9
95
92
941
9
93
9
93
985
While the above PANW 10Q Filed 6/2/2026 is interesting in isolation, we have found that it is also useful to take a look at older Palo Alto Networks Inc filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 6/2/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PANW 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 6/2/2026
29.2
18.2
11.1
9.9
8.4
7.8
5.7
5.0
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 1,054

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10K Filed 8/29/2025
30.4
16.3
12.0
11.7
8.0
7.5
5.6
3.3
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,285

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 11/20/2024
28.1
13.7
15.6
11.2
8.2
7.2
5.7
3.5
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 793

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 2/20/2024
31.3
14.2
15.8
8.7
9.1
7.2
5.3
5.7
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL? ✓  [ original filing ]
Total numbers found: 965

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 5/23/2023
27.9
22.5
16.7
6.6
5.8
5.2
5.4
4.8
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 963

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10K Filed 9/6/2022
31.3
20.2
13.2
9.3
6.5
5.6
5.0
3.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 1,286

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 11/18/2021
28.6
20.8
12.0
8.3
6.5
5.9
5.3
5.5
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL? ✓  [ original filing ]
Total numbers found: 660

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 2/17/2026
29.8
16.9
10.6
10.3
8.1
10.0
5.9
3.8
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 897

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 5/20/2025
25.9
16.2
13.1
10.7
8.3
8.8
6.3
4.3
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 995

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10K Filed 9/6/2024
29.3
17.6
13.4
11.5
7.9
5.8
4.6
3.8
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 1,292

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 11/17/2023
30.3
17.0
16.6
11.4
6.3
7.9
4.1
3.3
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL? ✓  [ original filing ]
Total numbers found: 699

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 2/21/2023
32.0
19.9
14.3
4.7
7.9
7.4
5.4
4.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 952

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 5/19/2022
27.9
18.7
16.1
7.6
6.3
6.4
7.2
2.9
6.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL? ✓  [ original filing ]
Total numbers found: 857

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10K Filed 9/3/2021
32.0
18.1
14.6
7.9
7.4
5.5
5.5
3.6
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 1,339

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 11/19/2025
30.1
16.3
12.6
9.7
7.3
8.7
7.2
4.6
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 681

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 2/14/2025
29.5
14.0
12.6
10.9
7.2
10.2
4.8
4.3
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL? ✓  [ original filing ]
Total numbers found: 1,008

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 5/20/2024
26.8
19.3
17.0
9.0
8.8
5.3
4.9
5.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 947

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10K Filed 9/1/2023
32.1
18.6
13.1
10.1
6.7
5.5
5.2
3.8
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL? ✓  [ original filing ]
Total numbers found: 1,272

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 11/17/2022
31.6
20.8
16.4
5.1
8.7
4.8
4.5
4.2
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 732

■ = Typical PANW range from 9/3/2021 to 6/2/2026
10Q Filed 2/22/2022
32.9
16.9
12.0
9.0
8.0
6.2
4.9
4.1
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 852

■ = Typical PANW range from 9/3/2021 to 6/2/2026
PPIH 10Q Filed 6/9/2026:
84
NATH 10K Filed 6/9/2026:
80
UEC 10Q Filed 6/8/2026:
86
CHPT 10Q Filed 6/8/2026:
60
NVRI 10Q Filed 6/8/2026:
91
ESTC 10K Filed 6/8/2026:
94
AVO 10Q Filed 6/8/2026:
89
ODC 10Q Filed 6/8/2026:
91
MAMA 10Q Filed 6/8/2026:
70
MTN 10Q Filed 6/8/2026:
93
ALOT 10Q Filed 6/8/2026:
86
MPAA 10K Filed 6/8/2026:
85
GIII 10Q Filed 6/8/2026:
75
OCC 10Q Filed 6/8/2026:
78
CUEN 10Q Filed 6/8/2026:
56
FCEL 10Q Filed 6/8/2026:
80
CPB 10Q Filed 6/8/2026:
86
CMCO 10K Filed 6/8/2026:
88
GHM 10K Filed 6/8/2026:
92
AERT 10K Filed 6/8/2026:
90
WOOF 10Q Filed 6/5/2026:
59
WDDD 10Q Filed 6/5/2026:
62
OOMA 10Q Filed 6/5/2026:
84
DOCU 10Q Filed 6/5/2026:
99
COO 10Q Filed 6/5/2026:
74
BBY 10Q Filed 6/5/2026:
76
ANF 10Q Filed 6/5/2026:
85
MYCB 10Q Filed 6/5/2026:
74
TTAN 10Q Filed 6/5/2026:
93
NRT 10Q Filed 6/5/2026:
0
FSHPU 10Q Filed 6/5/2026:
28
DDS 10Q Filed 6/5/2026:
80
NX 10Q Filed 6/5/2026:
97
VEEV 10Q Filed 6/5/2026:
76
RBRK 10Q Filed 6/5/2026:
87
NTAP 10K Filed 6/5/2026:
94
GSIT 10K Filed 6/5/2026:
84
HURC 10Q Filed 6/5/2026:
51
ABM 10Q Filed 6/5/2026:
99
PVH 10Q Filed 6/5/2026:
85
 

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