Fortinet (FTNT) Depreciation and Depletion (2011 - 2026)
Fortinet's (FTNT) quarterly Depreciation and Depletion came in at $29.5 million in Q1 2026, up 22.92% year-on-year from $24.0 million in Q1 2025, and up 9.67% quarter-over-quarter from $26.9 million in Q4 2025.
Fortinet (FTNT) Depreciation and Depletion (2011 - 2026) Analysis & Trends
Fortinet's Depreciation and Depletion history runs 16 years deep, the most recent figure standing at $29.5 million for Q1 2026.
- On a quarterly basis, Depreciation and Depletion rose 22.92% year-over-year to $29.5 million in Q1 2026; TTM through Mar 2026 was $106.8 million, a 8.87% increase from a year earlier, with the FY2025 full-year figure at $101.3 million, up 1.6% from the prior year.
- Depreciation and Depletion rose to $29.5 million in Q1 2026 per FTNT's latest filing, from $26.9 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $29.5 million in Q1 2026 and bottomed at $19.1 million in Q1 2022.
- The 5-year median for Depreciation and Depletion is $24.0 million (2025), against an average of $23.9 million.
- Across the five-year window, Depreciation and Depletion jumped 36.43% in 2022 and slipped 6.25% in 2025, its largest moves.
- Year by year, Depreciation and Depletion stood at $21.6 million in 2022, then increased by 15.28% to $24.9 million in 2023, then declined by 4.82% to $23.7 million in 2024, then rose by 13.5% to $26.9 million in 2025, then gained by 9.67% to $29.5 million in 2026.
- Per Business Quant, the three latest FTNT Depreciation and Depletion figures stand at $29.5 million (Q1 2026), $26.9 million (Q4 2025), and $25.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 9.00 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 2.39 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 29.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 49.20 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.50 Mn |
| Mar 31, 2026 | 29.50 Mn |
| Dec 31, 2025 | 26.90 Mn |
| Dec 31, 2025 | 26.90 Mn |
| Sep 30, 2025 | 25.30 Mn |
| Sep 30, 2025 | 25.30 Mn |
| Jun 30, 2025 | 25.10 Mn |
| Jun 30, 2025 | 25.10 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 23.70 Mn |
| Dec 31, 2024 | 23.70 Mn |
| Sep 30, 2024 | 24.50 Mn |
| Sep 30, 2024 | 24.50 Mn |
| Jun 30, 2024 | 25.90 Mn |
| Jun 30, 2024 | 25.90 Mn |
| Mar 31, 2024 | 25.60 Mn |
| Mar 31, 2024 | 25.60 Mn |
| Dec 31, 2023 | 24.90 Mn |
| Dec 31, 2023 | 24.90 Mn |