Fortinet (FTNT) Capital Expenditures (2010 - 2026)

Fortinet's (FTNT) quarterly Capital Expenditures came in at $56.0 million in Q1 2026, up 123.11% year-on-year from $25.1 million in Q1 2025, and up 118.89% quarter-over-quarter from -$296.4 million in Q4 2025.

Fortinet (FTNT) Capital Expenditures (2010 - 2026) Analysis & Trends

Fortinet's Capital Expenditures history runs 17 years deep, the most recent figure standing at $56.0 million for Q1 2026.

  • On a quarterly basis, Capital Expenditures rose 123.11% year-over-year to $56.0 million in Q1 2026; TTM through Mar 2026 was -$39.1 million, a 290.73% decrease from a year earlier, with the FY2025 full-year figure at $25.6 million, up 11.3% from the prior year.
  • Capital Expenditures climbed to $56.0 million in Q1 2026 per FTNT's latest filing, from -$296.4 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $258.3 million in Q3 2024 and bottomed at -$296.4 million in Q4 2025.
  • The 5-year median for Capital Expenditures is $25.1 million (2025), against an average of $9.0 million.
  • Across the five-year window, Capital Expenditures sank 23381.82% in 2024 and jumped 2936.96% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at -$4.1 million in 2022, then surged by 73.17% to -$1.1 million in 2023, then sank by 23381.82% to -$258.3 million in 2024, then declined by 14.75% to -$296.4 million in 2025, then jumped by 118.89% to $56.0 million in 2026.
  • Per Business Quant, the three latest FTNT Capital Expenditures figures stand at $56.0 million (Q1 2026), -$296.4 million (Q4 2025), and $70.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 932.00 Mn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -46.55 Mn
3 Oracle 329.59 Bn 297.69 Bn - 16.49 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 7.40 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 170.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -130.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 56.00 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -6.39 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 81.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.00 Mn
Mar 31, 2026 56.00 Mn
Dec 31, 2025 -296.40 Mn
Dec 31, 2025 -296.40 Mn
Sep 30, 2025 70.80 Mn
Sep 30, 2025 70.80 Mn
Jun 30, 2025 130.50 Mn
Jun 30, 2025 130.50 Mn
Mar 31, 2025 25.10 Mn
Mar 31, 2025 25.10 Mn
Dec 31, 2024 -258.30 Mn
Dec 31, 2024 -258.30 Mn
Sep 30, 2024 258.30 Mn
Sep 30, 2024 258.30 Mn
Jun 30, 2024 -4.60 Mn
Jun 30, 2024 -4.60 Mn
Mar 31, 2024 27.60 Mn
Mar 31, 2024 27.60 Mn
Dec 31, 2023 -1.10 Mn
Dec 31, 2023 -1.10 Mn