Fortinet (FTNT) Common Stock Issued (2010 - 2026)
Fortinet (FTNT) posted Common Stock Issued of $22.7 million for Q3 2026, up 260.3% from $6.3 million a year earlier but down 49.2% from the prior quarter.
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Analysis
Fortinet (FTNT) Common Stock Issued (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Common Stock Issued at Fortinet was $92.1 million, up 51.0% year-over-year; for FY2025, it was $44.7 million, down 29.2% from FY2024.
- Annual Common Stock Issued shows a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- In prior years, Fortinet's Common Stock Issued was $63.1 million in FY2024 (+44.1%), $43.8 million in FY2023 (+67.8%), $26.1 million in FY2022 (+0.4%) and $26 million in FY2021 (+17.6%).
- Quarterly Common Stock Issued has run from a low of $4.4 million in Q4 2022 to a high of $44.7 million in Q2 2026 over five years.
- On a year-over-year basis, Common Stock Issued increased in five of the last eight quarters, with growth averaging 92.7%.
- The strongest year-over-year quarter for Common Stock Issued in the past five years was Q2 2026, with growth of 302.7%; the weakest was Q4 2025, with a decline of 69.7%.
- According to Business Quant data, Common Stock Issued for the three prior quarters was $44.7 million (Q2 2026), $17.6 million (Q1 2026) and $7.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 262.76 Bn | 247.83 Bn | 2.30 Bn | 1.00 Mn |
| 2 | CrowdStrike Holdings | 247.70 Bn | 228.10 Bn | 1.10 Bn | 87.61 Mn |
| 3 | Snowflake | 101.47 Bn | 88.78 Bn | 1.04 Bn | 67.85 Mn |
| 4 | Fortinet | 94.94 Bn | 79.19 Bn | 1.64 Bn | 22.70 Mn |
| 5 | Datadog | 67.39 Bn | 49.03 Bn | 881.34 Mn | 41.86 Mn |
| 6 | Zscaler | 36.15 Bn | 22.30 Bn | 689.22 Mn | 37.91 Mn |
| 7 | Axon Enterprise | 34.02 Bn | 28.55 Bn | 546.45 Mn | - |
| 8 | Okta | 32.86 Bn | 22.95 Bn | 641.00 Mn | 25.00 Mn |
| 9 | MongoDB | 26.55 Bn | 17.02 Bn | 569.77 Mn | 24.21 Mn |
| 10 | Rubrik | 24.27 Bn | 17.50 Bn | 335.12 Mn | 866,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.70 Mn |
| Jun 30, 2026 | 44.70 Mn |
| Mar 31, 2026 | 17.60 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Sep 30, 2025 | 6.30 Mn |
| Jun 30, 2025 | 11.10 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 20.10 Mn |
| Jun 30, 2024 | 6.20 Mn |
| Mar 31, 2024 | 13.40 Mn |
| Dec 31, 2023 | 7.80 Mn |
| Sep 30, 2023 | 6.70 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 21.20 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | 5.80 Mn |
| Jun 30, 2022 | 4.90 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Dec 31, 2021 | 5.30 Mn |
API Access
Fortinet Common Stock Issued 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=common-stock-issued&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-stock-issued", "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=common-stock-issued&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();