Fortinet (FTNT) Capital Expenditures (2010 - 2026)

Fortinet (FTNT) posted Capital Expenditures of $56.0 million for Q1 2026, up 30.84% on a QoQ basis from $42.8 million in Q4 2025, and down 15.79% year-on-year from $66.5 million in Q1 2025.

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

Fortinet has disclosed Capital Expenditures across 17 years of filings, most recently posting $56.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $56.0 million, down 15.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $300.1 million (down 28.17% YoY), and the FY2025 annual result was $364.8 million, down 3.72% from the prior year.
  • Capital Expenditures came in at $56.0 million for Q1 2026 at Fortinet, up from $42.8 million in the prior quarter.
  • Over the last five years, Capital Expenditures for FTNT reached as high as $349.8 million in Q4 2024 and fell as low as -$215.9 million in Q3 2024.
  • Median Capital Expenditures over the past 5 years was $42.8 million (2025), compared with a mean of $42.7 million.
  • Year-over-year, Capital Expenditures soared 5087.5% in 2022 and tumbled 3646.34% in 2023.
  • Over 5 years, Capital Expenditures stood at -$4.1 million in 2022, then plunged by 3646.34% to -$153.6 million in 2023, then surged by 327.73% to $349.8 million in 2024, then slumped by 87.76% to $42.8 million in 2025, then surged by 30.84% to $56.0 million in 2026.
  • Per Business Quant, the three latest FTNT Capital Expenditures figures stand at $56.0 million (Q1 2026), $42.8 million (Q4 2025), and $70.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 2.87 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 30.88 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 7.40 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 170.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 102.47 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 773.00 Mn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 56.00 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 65.23 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 35.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.00 Mn
Mar 31, 2026 56.00 Mn
Dec 31, 2025 42.80 Mn
Dec 31, 2025 42.80 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 66.50 Mn
Mar 31, 2025 66.50 Mn
Dec 31, 2024 349.80 Mn
Dec 31, 2024 349.80 Mn
Sep 30, 2024 -215.90 Mn
Sep 30, 2024 -215.90 Mn
Jun 30, 2024 217.40 Mn
Jun 30, 2024 217.40 Mn
Mar 31, 2024 27.60 Mn
Mar 31, 2024 27.60 Mn
Dec 31, 2023 -153.60 Mn
Dec 31, 2023 -153.60 Mn