Fortinet (FTNT) Depreciation and Depletion (2011 - 2026)

Fortinet (FTNT) recorded quarterly Depreciation and Depletion of $29.5 million in Q1 2026, up 9.67% quarter-over-quarter from $26.9 million in Q4 2025, and up 22.92% on a YoY basis from $24.0 million in Q1 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.

  • In Q1 2026, Depreciation and Depletion rose 22.92% year-over-year to $29.5 million; the TTM figure through Mar 2026 stood at $106.8 million (up 8.87% YoY), while the FY2025 annual figure was $101.3 million, up 1.6% from the prior year.
  • Depreciation and Depletion was $29.5 million for Q1 2026 at Fortinet, up from $26.9 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $29.5 million in Q1 2026 to a low of $19.1 million in Q1 2022.
  • Historically, Depreciation and Depletion has averaged $23.9 million across 5 years, with a median of $24.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Depreciation and Depletion surged 36.43% in 2022, then retreated 6.25% in 2025.
  • A 5-year view of Depreciation and Depletion shows it 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.
  • The last three Depreciation and Depletion figures came in at $29.5 million (Q1 2026), $26.9 million (Q4 2025), and $25.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Depletion (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 9.00 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 2.15 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn -
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn -
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn -
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 29.50 Mn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn -
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 49.20 Mn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 1.10 Bn

Historic Data

Download Data
DateValue
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