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

Fortinet (FTNT) posted Change in Receivables of -$205.2 million for Q1 2026, down 139.12% on a QoQ basis from $524.6 million in Q4 2025, and up 32.48% year-on-year from -$154.9 million in Q1 2025.

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

Fortinet has disclosed Change in Receivables across 17 years of filings, most recently posting -$205.2 million for Q1 2026.

  • Change in Receivables for Q1 2026 came in at -$205.2 million, up 32.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $314.6 million (up 113.87% YoY), and the FY2025 annual result was $215.9 million, up 375.55% from the prior year.
  • Change in Receivables came in at -$205.2 million for Q1 2026 at Fortinet, down from $524.6 million in the prior quarter.
  • Over the last five years, Change in Receivables for FTNT reached as high as $524.6 million in Q4 2025 and fell as low as -$405.6 million in Q1 2024.
  • Median Change in Receivables over the past 5 years was -$7.9 million (2023), compared with a mean of $38.8 million.
  • Year-over-year, Change in Receivables plunged 1011.04% in 2023 and surged 1197.47% in 2024.
  • Over 5 years, Change in Receivables stood at $294.0 million in 2022, then jumped by 32.59% to $389.8 million in 2023, then gained by 8.23% to $421.9 million in 2024, then gained by 24.34% to $524.6 million in 2025, then plunged by 139.12% to -$205.2 million in 2026.
  • Per Business Quant, the three latest FTNT Change in Receivables figures stand at -$205.2 million (Q1 2026), $524.6 million (Q4 2025), and -$46.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 1.26 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 4.71 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 360.97 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 758.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 348.72 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn -11.00 Mn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn -205.20 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -1.40 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 128.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -205.20 Mn
Mar 31, 2026 -205.20 Mn
Dec 31, 2025 524.60 Mn
Dec 31, 2025 524.60 Mn
Sep 30, 2025 -46.00 Mn
Sep 30, 2025 -46.00 Mn
Jun 30, 2025 41.20 Mn
Jun 30, 2025 41.20 Mn
Mar 31, 2025 -303.90 Mn
Mar 31, 2025 -303.90 Mn
Dec 31, 2024 421.90 Mn
Dec 31, 2024 421.90 Mn
Sep 30, 2024 -57.60 Mn
Sep 30, 2024 -57.60 Mn
Jun 30, 2024 86.70 Mn
Jun 30, 2024 86.70 Mn
Mar 31, 2024 -405.60 Mn
Mar 31, 2024 -405.60 Mn
Dec 31, 2023 389.80 Mn
Dec 31, 2023 389.80 Mn