Fortinet (FTNT) Assets Average (2011 - 2026)
Fortinet (FTNT) posted Assets Average of $10.4 billion for Q2 2026, up 2.32% on a QoQ basis from $10.1 billion in Q1 2026, and down 1.45% year-over-year from $10.5 billion in Q2 2025.
Fortinet (FTNT) Assets Average (2011 - 2026) Analysis & Trends
Fortinet has reported Assets Average for 16 years, with the latest figure at $10.4 billion in Q2 2026.
- On a quarterly basis, Assets Average fell 1.45% year-over-year to $10.4 billion in Q2 2026; TTM through Jun 2026 was $10.4 billion, a 1.45% decrease from a year earlier, with the FY2025 full-year figure at $10.1 billion, up 18.39% from the prior year.
- Assets Average was $10.4 billion for Q2 2026 at Fortinet, up from $10.1 billion in the prior quarter.
- The five-year high for Assets Average was $10.5 billion in Q2 2025, with the low at $5.3 billion in Q3 2022.
- Average Assets Average over 5 years is $8.1 billion, with a median of $7.7 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Assets Average declined 7.8% in 2022, then soared 40.78% in 2023.
- Over 5 years, Assets Average stood at $5.8 billion in 2022, then gained by 27.45% to $7.4 billion in 2023, then gained by 26.31% to $9.3 billion in 2024, then increased by 6.1% to $9.9 billion in 2025, then rose by 5.02% to $10.4 billion in 2026.
- The last three Assets Average figures came in at $10.4 billion (Q2 2026), $10.1 billion (Q1 2026), and $9.9 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 47.36 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 11.65 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 10.37 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 8.62 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 7.25 Bn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 7.27 Bn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | 7.31 Bn |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 3.74 Bn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 9.24 Bn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 67.22 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.37 Bn |
| Mar 31, 2026 | 10.14 Bn |
| Dec 31, 2025 | 9.88 Bn |
| Sep 30, 2025 | 10.00 Bn |
| Jun 30, 2025 | 10.52 Bn |
| Mar 31, 2025 | 10.09 Bn |
| Dec 31, 2024 | 9.31 Bn |
| Sep 30, 2024 | 8.45 Bn |
| Jun 30, 2024 | 7.86 Bn |
| Mar 31, 2024 | 7.46 Bn |
| Dec 31, 2023 | 7.37 Bn |
| Sep 30, 2023 | 7.48 Bn |
| Jun 30, 2023 | 7.16 Bn |
| Mar 31, 2023 | 6.53 Bn |
| Dec 31, 2022 | 5.78 Bn |
| Sep 30, 2022 | 5.32 Bn |
| Jun 30, 2022 | 5.47 Bn |
| Mar 31, 2022 | 5.79 Bn |
| Dec 31, 2021 | 5.94 Bn |
| Sep 30, 2021 | 5.76 Bn |
Fortinet Assets Average API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets-average&ticker=FTNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets-average", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=assets-average&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();