Fortinet (FTNT) Accumulated Expenses (2010 - 2026)
Fortinet's (FTNT) quarterly Accumulated Expenses came in at $366.1 million in Q1 2026, up 46.32% year-on-year from $250.2 million in Q1 2025, and up 17.0% quarter-over-quarter from $312.9 million in Q4 2025.
Fortinet (FTNT) Accumulated Expenses (2010 - 2026) Analysis & Trends
Fortinet's Accumulated Expenses history runs 17 years deep, the most recent figure standing at $366.1 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 46.32% year-over-year to $366.1 million in Q1 2026; TTM through Mar 2026 was $366.1 million, a 46.32% increase from a year earlier, with the FY2025 full-year figure at $312.9 million, down 7.4% from the prior year.
- Accumulated Expenses rose to $366.1 million in Q1 2026 per FTNT's latest filing, from $312.9 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $538.7 million in Q1 2024 and bottomed at $187.4 million in Q2 2022.
- The 5-year median for Accumulated Expenses is $274.3 million (2025), against an average of $304.4 million.
- Across the five-year window, Accumulated Expenses surged 152.44% in 2024 and plunged 53.55% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $266.3 million in 2022, then jumped by 59.11% to $423.7 million in 2023, then slipped by 20.25% to $337.9 million in 2024, then declined by 7.4% to $312.9 million in 2025, then rose by 17.0% to $366.1 million in 2026.
- Per Business Quant, the three latest FTNT Accumulated Expenses figures stand at $366.1 million (Q1 2026), $312.9 million (Q4 2025), and $274.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 366.10 Mn |
| Dec 31, 2025 | 312.90 Mn |
| Sep 30, 2025 | 274.30 Mn |
| Jun 30, 2025 | 339.10 Mn |
| Mar 31, 2025 | 250.20 Mn |
| Dec 31, 2024 | 337.90 Mn |
| Sep 30, 2024 | 376.60 Mn |
| Jun 30, 2024 | 400.60 Mn |
| Mar 31, 2024 | 538.70 Mn |
| Dec 31, 2023 | 423.70 Mn |
| Sep 30, 2023 | 210.50 Mn |
| Jun 30, 2023 | 224.80 Mn |
| Mar 31, 2023 | 213.40 Mn |
| Dec 31, 2022 | 266.30 Mn |
| Sep 30, 2022 | 190.70 Mn |
| Jun 30, 2022 | 187.40 Mn |
| Mar 31, 2022 | 261.40 Mn |
| Dec 31, 2021 | 197.30 Mn |
| Sep 30, 2021 | 174.20 Mn |
| Jun 30, 2021 | 168.80 Mn |