Fortinet (FTNT) Change in Inventory (2010 - 2026)
Fortinet (FTNT) posted Change in Inventory of -$23.6 million for Q1 2026, down 27.57% on a QoQ basis from -$18.5 million in Q4 2025, and down 169.21% year-on-year from $34.1 million in Q1 2025.
Fortinet (FTNT) Change in Inventory (2010 - 2026) Analysis & Trends
Fortinet has disclosed Change in Inventory across 17 years of filings, most recently posting -$23.6 million for Q1 2026.
- Change in Inventory for Q1 2026 came in at -$23.6 million, down 169.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $32.9 million (up 154.29% YoY), and the FY2025 annual result was $90.6 million, up 169.05% from the prior year.
- Change in Inventory came in at -$23.6 million for Q1 2026 at Fortinet, down from -$18.5 million in the prior quarter.
- Over the last five years, Change in Inventory for FTNT reached as high as $100.8 million in Q3 2023 and fell as low as -$48.7 million in Q2 2024.
- Median Change in Inventory over the past 5 years was $22.5 million (2023), compared with a mean of $17.6 million.
- Year-over-year, Change in Inventory jumped 49500.0% in 2022 and slumped 216.89% in 2024.
- Over 5 years, Change in Inventory stood at $49.4 million in 2022, then plunged by 54.45% to $22.5 million in 2023, then tumbled by 216.89% to -$26.3 million in 2024, then rose by 29.66% to -$18.5 million in 2025, then dropped by 27.57% to -$23.6 million in 2026.
- Per Business Quant, the three latest FTNT Change in Inventory figures stand at -$23.6 million (Q1 2026), -$18.5 million (Q4 2025), and $29.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | - |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 161.00 Mn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | - |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | - |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | - |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | -23.60 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | - |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 29.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.60 Mn |
| Mar 31, 2026 | -23.60 Mn |
| Dec 31, 2025 | -18.50 Mn |
| Dec 31, 2025 | -18.50 Mn |
| Sep 30, 2025 | 29.50 Mn |
| Sep 30, 2025 | 29.50 Mn |
| Jun 30, 2025 | 45.50 Mn |
| Jun 30, 2025 | 45.50 Mn |
| Mar 31, 2025 | 34.10 Mn |
| Mar 31, 2025 | 34.10 Mn |
| Dec 31, 2024 | -26.30 Mn |
| Dec 31, 2024 | -26.30 Mn |
| Sep 30, 2024 | -19.70 Mn |
| Sep 30, 2024 | -19.70 Mn |
| Jun 30, 2024 | -48.70 Mn |
| Jun 30, 2024 | -48.70 Mn |
| Mar 31, 2024 | -36.50 Mn |
| Mar 31, 2024 | -36.50 Mn |
| Dec 31, 2023 | 22.50 Mn |
| Dec 31, 2023 | 22.50 Mn |