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| 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 |