Fortinet (FTNT) Change in Receivables (2010 - 2026)
Fortinet (FTNT) posted quarterly Change in Receivables of -$29.9 million for Q2 2026, down 172.57% year-over-year from $41.2 million in Q2 2025, and up 85.43% quarter-over-quarter from -$205.2 million in Q1 2026.
Fortinet (FTNT) Change in Receivables (2010 - 2026) Analysis & Trends
Fortinet's Change in Receivables history runs 17 years deep, the most recent figure standing at -$29.9 million for Q2 2026.
- In Q2 2026, Change in Receivables fell 172.57% year-over-year to -$29.9 million; the TTM figure through Jun 2026 stood at $243.5 million (up 139.67% YoY), while the FY2025 annual figure was $215.9 million, up 375.55% from the prior year.
- Change in Receivables for Q2 2026 stood at -$29.9 million, up from -$205.2 million in the prior quarter.
- The five-year high for Change in Receivables was $524.6 million in Q4 2025, with the low at -$405.6 million in Q1 2024.
- The 5-year median for Change in Receivables is -$11.6 million (2022), against an average of $35.0 million.
- The sharpest annual moves came in 2023 and 2024: Change in Receivables plunged 1011.04% in 2023, then soared 1197.47% in 2024.
- Fortinet's Change in Receivables stood at $294.0 million in 2022, then soared by 32.59% to $389.8 million in 2023, then rose by 8.23% to $421.9 million in 2024, then rose by 24.34% to $524.6 million in 2025, then sank by 105.7% to -$29.9 million in 2026.
- Business Quant data shows FTNT's Change in Receivables at -$29.9 million in Q2 2026, -$205.2 million in Q1 2026, and $524.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 21.08 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -11.00 Mn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 72.83 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 423.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | -29.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 47.02 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 128.65 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 435.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -29.90 Mn |
| Jun 30, 2026 | -29.90 Mn |
| 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 |