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