Fortinet (FTNT) Depreciation & Amortization (CF) (2010 - 2026)
Fortinet (FTNT) recorded Depreciation & Amortization (CF) of $41.4 million in Q2 2026, up 8.1% from $38.3 million a year earlier and up 4.0% from the prior quarter.
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Analysis
Fortinet (FTNT) Depreciation & Amortization (CF) (2010 - 2026) Analysis & Trends
On a TTM basis, Fortinet's Depreciation & Amortization (CF) came in at $159.1 million as of Jun 30, 2026, up 14.4% year-over-year; for FY2025, it was $152 million, up 23.8% from FY2024.
- Annual Depreciation & Amortization (CF) has increased for 15 straight years, with a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- Across earlier years, Depreciation & Amortization (CF) came in at $122.8 million in FY2024 (+8.3%), $113.4 million in FY2023 (+8.7%), $104.3 million in FY2022 (+23.6%) and $84.4 million in FY2021 (+22.7%).
- The Q2 2026 figure is the highest quarterly Depreciation & Amortization (CF) in data going back to Q3 2010.
- On a year-over-year basis, Depreciation & Amortization (CF) has increased for 21 consecutive quarters, with growth averaging 17.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Depreciation & Amortization (CF) ran from 4.0% in Q1 2024 to 51.5% in Q4 2021.
- Per Business Quant, the preceding three quarters came in at $39.8 million (Q1 2026), $39.5 million (Q4 2025) and $38.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | 341.00 Mn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | 82.08 Mn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 41.40 Mn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | 68.63 Mn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | 19.49 Mn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | 12.00 Mn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 32.46 Mn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | 5.94 Mn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | 23.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.40 Mn |
| Mar 31, 2026 | 39.80 Mn |
| Dec 31, 2025 | 39.50 Mn |
| Sep 30, 2025 | 38.40 Mn |
| Jun 30, 2025 | 38.30 Mn |
| Mar 31, 2025 | 35.80 Mn |
| Dec 31, 2024 | 35.20 Mn |
| Sep 30, 2024 | 29.80 Mn |
| Jun 30, 2024 | 29.20 Mn |
| Mar 31, 2024 | 28.60 Mn |
| Dec 31, 2023 | 30.20 Mn |
| Sep 30, 2023 | 28.30 Mn |
| Jun 30, 2023 | 27.40 Mn |
| Mar 31, 2023 | 27.50 Mn |
| Dec 31, 2022 | 27.30 Mn |
| Sep 30, 2022 | 26.40 Mn |
| Jun 30, 2022 | 25.10 Mn |
| Mar 31, 2022 | 25.50 Mn |
| Dec 31, 2021 | 25.30 Mn |
| Sep 30, 2021 | 22.90 Mn |
API Access
Fortinet Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();