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
DateValue
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