Fortinet (FTNT) Capital Expenditures (2010 - 2026)
Fortinet (FTNT) posted quarterly Capital Expenditures of $78.0 million for Q2 2026, down 40.23% year-over-year from $130.5 million in Q2 2025, and up 10.48% quarter-over-quarter from $70.6 million in Q1 2026.
Fortinet (FTNT) Capital Expenditures (2010 - 2026) Analysis & Trends
Fortinet's Capital Expenditures history runs 17 years deep, the most recent figure standing at $78.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures fell 40.23% year-over-year to $78.0 million; the TTM figure through Jun 2026 stood at $262.2 million (down 20.76% YoY), while the FY2025 annual figure was $364.8 million, down 3.72% from the prior year.
- Capital Expenditures for Q2 2026 stood at $78.0 million, up from $70.6 million in the prior quarter.
- The five-year high for Capital Expenditures was $221.9 million in Q1 2024, with the low at $23.1 million in Q2 2024.
- The 5-year median for Capital Expenditures is $59.2 million (2023), against an average of $70.5 million.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures sank 79.58% in 2022, then jumped 632.34% in 2024.
- Fortinet's Capital Expenditures stood at $30.9 million in 2022, then retreated by 12.94% to $26.9 million in 2023, then soared by 262.83% to $97.6 million in 2024, then sank by 56.15% to $42.8 million in 2025, then jumped by 82.24% to $78.0 million in 2026.
- Business Quant data shows FTNT's Capital Expenditures at $78.0 million in Q2 2026, $70.6 million in Q1 2026, and $42.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 35.80 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 16.49 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 14.55 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 83.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 78.00 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 49.96 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 81.41 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 6.42 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 8.58 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 50.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.00 Mn |
| Jun 30, 2026 | 78.00 Mn |
| 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 |