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
DateValue
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