Fortinet (FTNT) Common Equity (2010 - 2026)
Fortinet (FTNT) posted Common Equity of $1.6 billion for Q2 2026, up 56.72% on a QoQ basis from $989.7 million in Q1 2026, and down 24.72% year-over-year from $2.1 billion in Q2 2025.
Analysis
Fortinet (FTNT) Common Equity (2010 - 2026) Analysis & Trends
Fortinet has reported Common Equity for 17 years, with the latest figure at $1.6 billion in Q2 2026.
- On a quarterly basis, Common Equity fell 24.72% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 24.72% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 17.16% from the prior year.
- Common Equity was $1.6 billion for Q2 2026 at Fortinet, up from $989.7 million in the prior quarter.
- The five-year high for Common Equity was $2.1 billion in Q2 2025, with the low at -$634.7 million in Q3 2022.
- Average Common Equity over 5 years is $553.9 million, with a median of $304.7 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Common Equity tumbled 1306.14% in 2024, then jumped 1527.56% in 2025.
- Over 5 years, Common Equity stood at -$281.6 million in 2022, then slumped by 64.56% to -$463.4 million in 2023, then surged by 422.36% to $1.5 billion in 2024, then decreased by 17.16% to $1.2 billion in 2025, then advanced by 25.34% to $1.6 billion in 2026.
- The last three Common Equity figures came in at $1.6 billion (Q2 2026), $989.7 million (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 270.94 Bn | 267.83 Bn | 2.03 Bn | 27.67 Bn |
| 2 | CrowdStrike Holdings | 218.20 Bn | 213.22 Bn | 1.10 Bn | 5.14 Bn |
| 3 | Fortinet | 114.65 Bn | 110.58 Bn | 1.64 Bn | 1.55 Bn |
| 4 | Axon Enterprise | 41.89 Bn | 41.22 Bn | 546.45 Mn | 3.67 Bn |
| 5 | Zscaler | 27.69 Bn | 24.21 Bn | - | 2.60 Bn |
| 6 | F5 | 22.19 Bn | 20.58 Bn | 711.51 Mn | 3.86 Bn |
| 7 | Rubrik | 19.41 Bn | 17.66 Bn | 335.12 Mn | -499.42 Mn |
| 8 | Gen Digital | 18.36 Bn | 17.80 Bn | 1.03 Bn | 2.66 Bn |
| 9 | Check Point Software Technologies | 14.47 Bn | 12.19 Bn | 574.10 Mn | - |
| 10 | SentinelOne | 6.88 Bn | 6.22 Bn | 210.42 Mn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.55 Bn |
| Mar 31, 2026 | 989.70 Mn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 735.10 Mn |
| Jun 30, 2025 | 2.06 Bn |
| Mar 31, 2025 | 1.96 Bn |
| Dec 31, 2024 | 1.49 Bn |
| Sep 30, 2024 | 908.10 Mn |
| Jun 30, 2024 | 288.20 Mn |
| Mar 31, 2024 | -137.50 Mn |
| Dec 31, 2023 | -463.40 Mn |
| Sep 30, 2023 | 74.10 Mn |
| Jun 30, 2023 | 321.20 Mn |
| Mar 31, 2023 | 11.40 Mn |
| Dec 31, 2022 | -281.60 Mn |
| Sep 30, 2022 | -634.70 Mn |
| Jun 30, 2022 | -379.60 Mn |
| Mar 31, 2022 | 233.20 Mn |
| Dec 31, 2021 | 798.40 Mn |
| Sep 30, 2021 | 1.14 Bn |