Fortinet (FTNT) Change in Inventory (2010 - 2026)

Fortinet (FTNT) posted quarterly Change in Inventory of $61.6 million for Q2 2026, up 35.38% year-over-year from $45.5 million in Q2 2025, and up 361.02% quarter-over-quarter from -$23.6 million in Q1 2026.

Fortinet (FTNT) Change in Inventory (2010 - 2026) Analysis & Trends

Fortinet's Change in Inventory history runs 17 years deep, the most recent figure standing at $61.6 million for Q2 2026.

  • In Q2 2026, Change in Inventory rose 35.38% year-over-year to $61.6 million; the TTM figure through Jun 2026 stood at $49.0 million (up 45.83% YoY), while the FY2025 annual figure was $90.6 million, up 169.05% from the prior year.
  • Change in Inventory for Q2 2026 stood at $61.6 million, up from -$23.6 million in the prior quarter.
  • The five-year high for Change in Inventory was $100.8 million in Q3 2023, with the low at -$48.7 million in Q2 2024.
  • The 5-year median for Change in Inventory is $25.5 million (2022), against an average of $20.0 million.
  • The sharpest annual moves came in 2022 and 2024: Change in Inventory surged 49500.0% in 2022, then plunged 216.89% in 2024.
  • Fortinet's Change in Inventory stood at $49.4 million in 2022, then sank by 54.45% to $22.5 million in 2023, then slumped by 216.89% to -$26.3 million in 2024, then climbed by 29.66% to -$18.5 million in 2025, then soared by 432.97% to $61.6 million in 2026.
  • Business Quant data shows FTNT's Change in Inventory at $61.6 million in Q2 2026, -$23.6 million in Q1 2026, and -$18.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 178.00 Mn
2 Oracle 433.50 Bn 402.15 Bn - -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn -
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 61.60 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 29.38 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -
9 Block 49.79 Bn 43.33 Bn 3.17 Bn -
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn 89.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 61.60 Mn
Jun 30, 2026 61.60 Mn
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