Fortinet (FTNT) Depreciation and Depletion (2011 - 2026)
Fortinet (FTNT) posted Depreciation and Depletion of $29.5 million for Q1 2026, up 9.67% on a QoQ basis from $26.9 million in Q4 2025, and up 22.92% year-on-year from $24.0 million in Q1 2025.
Fortinet (FTNT) Depreciation and Depletion (2011 - 2026) Analysis & Trends
Fortinet has disclosed Depreciation and Depletion across 16 years of filings, most recently posting $29.5 million for Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $29.5 million, up 22.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $106.8 million (up 8.87% YoY), and the FY2025 annual result was $101.3 million, up 1.6% from the prior year.
- Depreciation and Depletion came in at $29.5 million for Q1 2026 at Fortinet, up from $26.9 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for FTNT reached as high as $29.5 million in Q1 2026 and fell as low as $19.1 million in Q1 2022.
- Median Depreciation and Depletion over the past 5 years was $24.0 million (2025), compared with a mean of $23.9 million.
- Year-over-year, Depreciation and Depletion soared 36.43% in 2022 and decreased 6.25% in 2025.
- Over 5 years, 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 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | - |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 9.00 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | - |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | - |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 2.42 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 29.50 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | 49.20 Mn |
| 10 | Synopsys | 303.79 Bn | 303.67 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 |