Fortinet (FTNT) Change in Taxes (2010 - 2023)

Fortinet's Change in Taxes history runs 12 years deep, the most recent figure standing at $39.9 million for Q3 2023.

• In Q3 2023, Change in Taxes rose 1097.5% year-over-year to $39.9 million; the TTM figure through Sep 2023 stood at $25.4 million (up 214.93% YoY), while the FY2019 annual figure was -$18.8 million, down 213.33% from the prior year.
• Change in Taxes was $39.9 million for Q3 2023 at Fortinet, up from -$4.0 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $39.9 million in Q3 2023 to a low of -$7.8 million in Q4 2019.
• Historically, Change in Taxes has averaged $2.8 million across 3 years, with a median of -$3.4 million in 2019.
• The sharpest annual moves came in 2019 and 2023: Change in Taxes slumped 490.0% in 2019, then surged 1097.5% in 2023.
• A 3-year view of Change in Taxes shows it stood at -$7.8 million in 2019, then jumped by 48.72% to -$4.0 million in 2022, then soared by 1097.5% to $39.9 million in 2023.
• The last three Change in Taxes figures came in at $39.9 million (Q3 2023), -$4.0 million (Q3 2022), and -$7.8 million (Q4 2019), per Business Quant data.