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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 178.00 Mn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | - |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 61.60 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | - |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | - |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | - |
| 10 | CoreWeave | 49.23 Bn | 43.69 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.60 Mn |
| Mar 31, 2026 | -23.60 Mn |
| Dec 31, 2025 | -18.50 Mn |
| Sep 30, 2025 | 29.50 Mn |
| Jun 30, 2025 | 45.50 Mn |
| Mar 31, 2025 | 34.10 Mn |
| Dec 31, 2024 | -26.30 Mn |
| Sep 30, 2024 | -19.70 Mn |
| Jun 30, 2024 | -48.70 Mn |
| Mar 31, 2024 | -36.50 Mn |
| Dec 31, 2023 | 22.50 Mn |
| Sep 30, 2023 | 100.80 Mn |
| Jun 30, 2023 | 84.90 Mn |
| Mar 31, 2023 | 45.30 Mn |
| Dec 31, 2022 | 49.40 Mn |
| Sep 30, 2022 | 28.50 Mn |
| Jun 30, 2022 | 17.70 Mn |
| Mar 31, 2022 | 13.50 Mn |
| Dec 31, 2021 | -100,000.00 |
| Sep 30, 2021 | -600,000.00 |