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Fortinet (FTNT) Deferred Taxes: 2009-2024

Historic Deferred Taxes for Fortinet (FTNT) over the last 16 years, with Dec 2024 value amounting to $223.2 million.

  • Fortinet's Deferred Taxes fell 255.32% to -$89.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $21.9 million, marking a year-over-year decrease of 91.82%. This contributed to the annual value of $223.2 million for FY2024, which is 26.07% down from last year.
  • Per Fortinet's latest filing, its Deferred Taxes stood at $223.2 million for FY2024, which was down 26.07% from $301.9 million recorded in FY2023.
  • In the past 5 years, Fortinet's Deferred Taxes ranged from a high of $301.9 million in FY2023 and a low of $10.5 million during FY2020.
  • In the last 3 years, Fortinet's Deferred Taxes had a median value of $226.4 million in 2022 and averaged $250.5 million.
  • Per our database at Business Quant, Fortinet's Deferred Taxes surged by 795.24% in 2021 and then dropped by 26.07% in 2024.
  • Over the past 5 years, Fortinet's Deferred Taxes (Yearly) stood at $10.5 million in 2020, then soared by 795.24% to $94.0 million in 2021, then soared by 140.85% to $226.4 million in 2022, then spiked by 33.35% to $301.9 million in 2023, then dropped by 26.07% to $223.2 million in 2024.