Fortinet (FTNT) Current Deferred Revenue (2010 - 2026)
Fortinet's Current Deferred Revenue came in at $3.84 billion for Q2 2026, up 12.6% from $3.41 billion a year earlier and up 3.1% from the prior quarter.
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Analysis
Fortinet (FTNT) Current Deferred Revenue (2010 - 2026) Analysis & Trends
At the end of FY2025, Fortinet's Current Deferred Revenue was $3.64 billion, up 11.0% from FY2024.
- Current Deferred Revenue has increased in each of the last 15 years, with a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- Going back by year, Current Deferred Revenue was $3.28 billion in FY2024 (+15.0%), $2.85 billion in FY2023 (+21.3%), $2.35 billion in FY2022 (+32.2%) and $1.78 billion in FY2021 (+27.6%).
- The Q2 2026 figure represents the highest quarterly Current Deferred Revenue in data going back to Q4 2010.
- Year-over-year, Current Deferred Revenue has increased for 57 consecutive quarters, with growth averaging 13.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Current Deferred Revenue ranged from 11.0% (Q4 2025) to 32.2% (Q4 2022).
- Business Quant data shows FTNT's Current Deferred Revenue at $3.73 billion (Q1 2026), $3.64 billion (Q4 2025) and $3.46 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.84 Bn |
| Mar 31, 2026 | 3.73 Bn |
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 3.46 Bn |
| Jun 30, 2025 | 3.41 Bn |
| Mar 31, 2025 | 3.34 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 3.08 Bn |
| Jun 30, 2024 | 2.98 Bn |
| Mar 31, 2024 | 2.91 Bn |
| Dec 31, 2023 | 2.85 Bn |
| Sep 30, 2023 | 2.65 Bn |
| Jun 30, 2023 | 2.59 Bn |
| Mar 31, 2023 | 2.46 Bn |
| Dec 31, 2022 | 2.35 Bn |
| Sep 30, 2022 | 2.13 Bn |
| Jun 30, 2022 | 2.01 Bn |
| Mar 31, 2022 | 1.89 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Sep 30, 2021 | 1.62 Bn |
API Access
Fortinet Current Deferred Revenue 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=current-deferred-revenue&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "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=current-deferred-revenue&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();