Fortinet (FTNT) Accumulated Expenses (2010 - 2026)
Fortinet (FTNT) recorded quarterly Accumulated Expenses of $292.4 million in Q1 2026, down 6.55% quarter-over-quarter from $312.9 million in Q4 2025, and down 29.54% on a YoY basis from $415.0 million in Q1 2025.
Fortinet (FTNT) Accumulated Expenses (2010 - 2026) Analysis & Trends
Fortinet's Accumulated Expenses history runs 17 years deep, the most recent figure standing at $292.4 million for Q1 2026.
- In Q1 2026, Accumulated Expenses fell 29.54% year-over-year to $292.4 million; the TTM figure through Mar 2026 stood at $292.4 million (down 29.54% YoY), while the FY2025 annual figure was $312.9 million, up 22.37% from the prior year.
- Accumulated Expenses was $292.4 million for Q1 2026 at Fortinet, down from $312.9 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $415.0 million in Q1 2025 to a low of $210.5 million in Q3 2023.
- Historically, Accumulated Expenses has averaged $272.4 million across 5 years, with a median of $255.7 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses tumbled 38.13% in 2024, then soared 93.47% in 2025.
- A 5-year view of Accumulated Expenses shows it stood at $219.4 million in 2022, then climbed by 10.44% to $242.3 million in 2023, then increased by 5.53% to $255.7 million in 2024, then advanced by 22.37% to $312.9 million in 2025, then dropped by 6.55% to $292.4 million in 2026.
- The last three Accumulated Expenses figures came in at $292.4 million (Q1 2026), $312.9 million (Q4 2025), and $274.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 292.40 Mn |
| Dec 31, 2025 | 312.90 Mn |
| Sep 30, 2025 | 274.30 Mn |
| Jun 30, 2025 | 281.30 Mn |
| Mar 31, 2025 | 415.00 Mn |
| Dec 31, 2024 | 255.70 Mn |
| Sep 30, 2024 | 376.60 Mn |
| Jun 30, 2024 | 217.30 Mn |
| Mar 31, 2024 | 214.50 Mn |
| Dec 31, 2023 | 242.30 Mn |
| Sep 30, 2023 | 210.50 Mn |
| Jun 30, 2023 | 224.80 Mn |
| Mar 31, 2023 | 346.70 Mn |
| Dec 31, 2022 | 219.40 Mn |
| Sep 30, 2022 | 244.80 Mn |
| Jun 30, 2022 | 241.20 Mn |
| Mar 31, 2022 | 261.40 Mn |
| Dec 31, 2021 | 197.30 Mn |
| Sep 30, 2021 | 247.80 Mn |
| Jun 30, 2021 | 168.80 Mn |