KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Capital Expenditures (2016 - 2025)

Fortinet has reported Capital Expenditures over the past 16 years, most recently at $42.8 million for Q4 2025.

  • Quarterly results put Capital Expenditures at $42.8 million for Q4 2025, down 56.15% from a year ago — trailing twelve months through Dec 2025 was $298.6 million (down 21.19% YoY), and the annual figure for FY2025 was $364.8 million, down 3.72%.
  • Capital Expenditures for Q4 2025 was $42.8 million at Fortinet, down from $70.8 million in the prior quarter.
  • Over the last five years, Capital Expenditures for FTNT hit a ceiling of $258.3 million in Q3 2024 and a floor of -$101.2 million in Q2 2022.
  • Median Capital Expenditures over the past 5 years was $39.5 million (2021), compared with a mean of $53.0 million.
  • Biggest five-year swings in Capital Expenditures: tumbled 12550.0% in 2022 and later skyrocketed 2936.96% in 2025.
  • Fortinet's Capital Expenditures stood at $151.3 million in 2021, then plummeted by 102.71% to -$4.1 million in 2022, then surged by 756.1% to $26.9 million in 2023, then surged by 262.83% to $97.6 million in 2024, then plummeted by 56.15% to $42.8 million in 2025.
  • The last three reported values for Capital Expenditures were $42.8 million (Q4 2025), $70.8 million (Q3 2025), and $130.5 million (Q2 2025) per Business Quant data.