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| Date | Value |
|---|---|
| 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 |