KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Change in Taxes (2016 - 2023)

Fortinet's Change in Taxes history spans 12 years, with the latest figure at $39.9 million for Q3 2023.

  • Quarterly Change in Taxes rose 1097.5% to $39.9 million in Q3 2023 from the year-ago period, while the trailing twelve-month figure was $25.4 million through Sep 2023, up 214.93% year-over-year, with the annual reading at -$18.8 million for FY2019, 213.33% down from the prior year.
  • Change in Taxes came in at $39.9 million for Q3 2023, 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.
  • The 3-year median for Change in Taxes is -$3.4 million (2019), against an average of $2.8 million.
  • Year-over-year, Change in Taxes tumbled 490.0% in 2019 and then skyrocketed 1097.5% in 2023.
  • Fortinet's Change in Taxes stood at -$7.8 million in 2019, then soared by 48.72% to -$4.0 million in 2022, then surged by 1097.5% to $39.9 million in 2023.
  • Per Business Quant, the three most recent readings for FTNT's Change in Taxes are $39.9 million (Q3 2023), -$4.0 million (Q3 2022), and -$7.8 million (Q4 2019).