Fortinet (FTNT) Current Taxes (2012 - 2023)
Fortinet (FTNT) recorded quarterly Current Taxes of $220.1 million in Q3 2023, up 20.27% quarter-over-quarter from $183.0 million in Q2 2023.
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 was $220.1 million for Q3 2023 at Fortinet, up from $183.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $220.1 million in Q3 2023 to a low of $4.1 million in Q4 2019.
- Historically, Current Taxes has averaged $68.0 million across 3 years, with a median of $17.6 million in 2022.
- Biggest YoY gain for Current Taxes was 27.89% in 2019; the steepest drop was 85.46% in 2019.
- A 3-year view of Current Taxes shows it stood at $4.1 million in 2019, then soared by 329.27% to $17.6 million in 2022, then jumped by 1150.57% to $220.1 million in 2023.
- The last three Current Taxes figures came in at $220.1 million (Q3 2023), $183.0 million (Q2 2023), and $17.6 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 3.56 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | - |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | - |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | - |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | - |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn | - |
Historic Data
Download 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 |