Fortinet (FTNT) Deferred Taxes (2010 - 2026)
Fortinet (FTNT) reported Deferred Taxes of $14.6 million for Q2 2026, down 67.8% from $45.3 million a year earlier.
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Analysis
Fortinet (FTNT) Deferred Taxes (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortinet's Deferred Taxes came in at -$137.9 million; for FY2025, it was -$66.2 million.
- By year, Deferred Taxes came in at $223.2 million in FY2024 (-26.1%), $301.9 million in FY2023 (+33.3%), $226.4 million in FY2022 (+140.9%) and $94 million in FY2021 (+795.2%).
- Five-year quarterly Deferred Taxes spans a low of -$89 million in Q3 2025 and a high of $87.6 million in Q1 2022.
- The high point for year-over-year Deferred Taxes in five years was Q3 2021 (growth of 618.5%); the low point was Q4 2021 (a decline of 85.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$11 million (Q1 2026), -$52.5 million (Q4 2025) and -$89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.96 Bn | 241.04 Bn | 2.30 Bn | -57.00 Mn |
| 2 | CrowdStrike Holdings | 231.81 Bn | 212.21 Bn | 1.10 Bn | 3.77 Mn |
| 3 | Fortinet | 123.04 Bn | 108.97 Bn | 1.64 Bn | -14.60 Mn |
| 4 | Snowflake | 108.21 Bn | 95.53 Bn | 1.04 Bn | -1.93 Mn |
| 5 | Datadog | 88.10 Bn | 69.75 Bn | 881.34 Mn | - |
| 6 | Okta | 32.88 Bn | 22.97 Bn | 641.00 Mn | 1.00 Mn |
| 7 | Zscaler | 32.85 Bn | 18.97 Bn | - | - |
| 8 | Axon Enterprise | 32.23 Bn | 26.75 Bn | 546.45 Mn | -6.56 Mn |
| 9 | MongoDB | 27.06 Bn | 17.53 Bn | 569.77 Mn | -30,000.00 |
| 10 | F5 | 25.10 Bn | 19.51 Bn | 711.51 Mn | -18.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.60 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | 52.50 Mn |
| Sep 30, 2025 | 89.00 Mn |
| Jun 30, 2025 | -45.30 Mn |
| Mar 31, 2025 | -30.00 Mn |
| Dec 31, 2024 | -35.60 Mn |
| Sep 30, 2024 | -57.30 Mn |
| Jun 30, 2024 | -56.40 Mn |
| Mar 31, 2024 | -73.90 Mn |
| Dec 31, 2023 | -80.20 Mn |
| Sep 30, 2023 | -59.90 Mn |
| Jun 30, 2023 | -80.70 Mn |
| Mar 31, 2023 | -81.10 Mn |
| Dec 31, 2022 | -54.40 Mn |
| Sep 30, 2022 | -35.70 Mn |
| Jun 30, 2022 | -48.70 Mn |
| Mar 31, 2022 | -87.60 Mn |
| Dec 31, 2021 | -2.10 Mn |
| Sep 30, 2021 | -66.10 Mn |
API Access
Fortinet Deferred Taxes 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=deferred-taxes&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();