Fortinet (FTNT) Depreciation and Depletion (2011 - 2026)
Fortinet (FTNT) posted quarterly Depreciation and Depletion of $31.5 million for Q2 2026, up 25.5% year-over-year from $25.1 million in Q2 2025, and up 6.78% quarter-over-quarter from $29.5 million in Q1 2026.
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 $31.5 million for Q2 2026.
- In Q2 2026, Depreciation and Depletion rose 25.5% year-over-year to $31.5 million; the TTM figure through Jun 2026 stood at $113.2 million (up 16.34% YoY), while the FY2025 annual figure was $101.3 million, up 1.6% from the prior year.
- Depreciation and Depletion for Q2 2026 stood at $31.5 million, up from $29.5 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $31.5 million in Q2 2026, with the low at $19.1 million in Q1 2022.
- The 5-year median for Depreciation and Depletion is $24.2 million (2024), against an average of $24.3 million.
- The sharpest annual moves came in 2022 and 2025: Depreciation and Depletion jumped 36.43% in 2022, then fell 6.25% in 2025.
- Fortinet's Depreciation and Depletion stood at $21.6 million in 2022, then grew by 15.28% to $24.9 million in 2023, then dropped by 4.82% to $23.7 million in 2024, then increased by 13.5% to $26.9 million in 2025, then climbed by 17.1% to $31.5 million in 2026.
- Business Quant data shows FTNT's Depreciation and Depletion at $31.5 million in Q2 2026, $29.5 million in Q1 2026, and $26.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.30 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 2.39 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 31.50 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 51.50 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 1.40 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.50 Mn |
| Jun 30, 2026 | 31.50 Mn |
| 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 |