Fortinet (FTNT) Current Taxes (2012 - 2023)
Fortinet (FTNT) posted quarterly Current Taxes of $220.1 million for Q3 2023, up 20.27% quarter-over-quarter from $183.0 million in Q2 2023.
Analysis
Fortinet (FTNT) Current Taxes (2012 - 2023) Analysis & Trends
Fortinet's Current Taxes history runs 10 years deep, the most recent figure standing at $220.1 million for Q3 2023.
- In Q3 2023, Current Taxes changed N/A year-over-year to $220.1 million; the TTM figure through Sep 2023 stood at $220.1 million (changed N/A YoY), while the FY2022 annual figure was $17.6 million, changed N/A from the prior year.
- Current Taxes for Q3 2023 stood at $220.1 million, up from $183.0 million in the prior quarter.
- The five-year high for Current Taxes was $220.1 million in Q3 2023, with the low at $4.1 million in Q4 2019.
- The 3-year median for Current Taxes is $17.6 million (2022), against an average of $68.0 million.
- Peak annual rise in Current Taxes reached 27.89% in 2019, while the deepest fall reached 85.46% in 2019.
- Fortinet's Current Taxes stood at $4.1 million in 2019, then jumped by 329.27% to $17.6 million in 2022, then soared by 1150.57% to $220.1 million in 2023.
- Business Quant data shows FTNT's Current Taxes at $220.1 million in Q3 2023, $183.0 million in Q2 2023, and $17.6 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,713.76 Bn | 3,581.01 Bn | 60.48 Bn | 2.53 Bn |
| 2 | Oracle | 450.04 Bn | 418.14 Bn | - | - |
| 3 | Palantir Technologies | 418.31 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 267.65 Bn | 264.54 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 216.60 Bn | 211.59 Bn | 1.10 Bn | - |
| 6 | Fortinet | 114.71 Bn | 110.64 Bn | 1.64 Bn | - |
| 7 | Cloudflare | 99.23 Bn | 95.07 Bn | 499.52 Mn | - |
| 8 | Synopsys | 75.15 Bn | 71.55 Bn | 1.80 Bn | - |
| 9 | Block | 49.78 Bn | 43.36 Bn | 3.17 Bn | - |
| 10 | CoreWeave | 48.53 Bn | 42.99 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 220.10 Mn |
| Jun 30, 2023 | 183.00 Mn |
| Dec 31, 2022 | 17.60 Mn |
| Dec 31, 2019 | 4.10 Mn |
| Sep 30, 2019 | 11.60 Mn |
| Jun 30, 2019 | 15.00 Mn |
| Mar 31, 2019 | 24.30 Mn |
| Dec 31, 2018 | 28.20 Mn |
| Sep 30, 2018 | 23.00 Mn |
| Jun 30, 2018 | 21.70 Mn |
| Mar 31, 2018 | 19.00 Mn |
| Dec 31, 2017 | 21.40 Mn |
| Sep 30, 2017 | 15.86 Mn |
| Jun 30, 2017 | 15.18 Mn |
| Mar 31, 2017 | 14.13 Mn |
| Dec 31, 2016 | 13.59 Mn |
| Sep 30, 2016 | 7.80 Mn |
| Jun 30, 2016 | 8.16 Mn |
| Mar 31, 2016 | 9.23 Mn |
| Dec 31, 2015 | 8.38 Mn |