Fortinet (FTNT) Change in Taxes (2010 - 2023)
Fortinet's Change in Taxes was $39.9 million in Q3 2023, compared with -$4 million a year earlier.
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Analysis
Fortinet (FTNT) Change in Taxes (2010 - 2023) Analysis & Trends
On a trailing twelve-month basis, Fortinet's Change in Taxes was $25.4 million through Sep 30, 2023; for FY2019, it was -$18.8 million.
- In earlier years, Change in Taxes was -$6 million in FY2018, $29.5 million in FY2017 (+125.2%), $13.1 million in FY2016 (-35.7%) and $20.37 million in FY2015.
- The Q3 2023 figure marks the highest quarterly Change in Taxes in data going back to Q3 2010.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.64 Bn | 241.72 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 232.35 Bn | 212.75 Bn | 1.10 Bn | - |
| 3 | Fortinet | 123.26 Bn | 109.19 Bn | 1.64 Bn | - |
| 4 | Snowflake | 108.15 Bn | 95.47 Bn | 1.04 Bn | - |
| 5 | Datadog | 88.38 Bn | 70.02 Bn | 881.34 Mn | - |
| 6 | Zscaler | 32.92 Bn | 19.04 Bn | - | - |
| 7 | Okta | 32.82 Bn | 22.92 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 32.21 Bn | 26.73 Bn | 546.45 Mn | - |
| 9 | MongoDB | 27.08 Bn | 17.55 Bn | 569.77 Mn | - |
| 10 | F5 | 25.16 Bn | 19.57 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 39.90 Mn |
| Sep 30, 2022 | -4.00 Mn |
| Dec 31, 2019 | -7.80 Mn |
| Sep 30, 2019 | -2.70 Mn |
| Jun 30, 2019 | -7.60 Mn |
| Mar 31, 2019 | -700,000.00 |
| Dec 31, 2018 | 2.00 Mn |
| Sep 30, 2018 | 5.20 Mn |
| Jun 30, 2018 | -5.40 Mn |
| Mar 31, 2018 | -7.80 Mn |
| Dec 31, 2017 | 7.80 Mn |
| Sep 30, 2017 | 6.90 Mn |
| Jun 30, 2017 | 9.80 Mn |
| Mar 31, 2017 | 5.00 Mn |
| Dec 31, 2016 | 6.31 Mn |
| Sep 30, 2016 | 1.33 Mn |
| Jun 30, 2016 | 72,000.00 |
| Mar 31, 2016 | 5.39 Mn |
| Dec 31, 2015 | 6.62 Mn |
| Sep 30, 2015 | 3.72 Mn |
API Access
Fortinet Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();