Fortinet (FTNT) EBIAT (2010 - 2026)

Fortinet (FTNT) recorded quarterly EBIAT of $534.5 million in Q1 2026, up 5.63% quarter-over-quarter from $506.0 million in Q4 2025, and up 23.33% on a YoY basis from $433.4 million in Q1 2025.

Fortinet (FTNT) EBIAT (2010 - 2026) Analysis & Trends

Fortinet's EBIAT history runs 17 years deep, the most recent figure standing at $534.5 million for Q1 2026.

  • In Q1 2026, EBIAT rose 23.33% year-over-year to $534.5 million; the TTM figure through Mar 2026 stood at $2.0 billion (up 4.0% YoY), while the FY2025 annual figure was $1.9 billion, up 6.2% from the prior year.
  • EBIAT was $534.5 million for Q1 2026 at Fortinet, up from $506.0 million in the prior quarter.
  • In the past five years, EBIAT ranged from a high of $539.9 million in Q3 2024 to a low of $138.3 million in Q1 2022.
  • Historically, EBIAT has averaged $361.1 million across 5 years, with a median of $322.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: EBIAT jumped 79.1% in 2023, then decreased 12.22% in 2025.
  • A 5-year view of EBIAT shows it stood at $313.8 million in 2022, then slipped by 0.92% to $310.9 million in 2023, then surged by 69.25% to $526.2 million in 2024, then declined by 3.84% to $506.0 million in 2025, then gained by 5.63% to $534.5 million in 2026.
  • The last three EBIAT figures came in at $534.5 million (Q1 2026), $506.0 million (Q4 2025), and $473.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIAT (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 31.78 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 593,000.00
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 3.72 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 870.53 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 432.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 60.12 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 534.50 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 64.72 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -22.93 Mn
10 CoreWeave 53.50 Bn 51.24 Bn 2.01 Bn -740.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 534.50 Mn
Dec 31, 2025 506.00 Mn
Sep 30, 2025 473.90 Mn
Jun 30, 2025 440.10 Mn
Mar 31, 2025 433.40 Mn
Dec 31, 2024 526.20 Mn
Sep 30, 2024 539.90 Mn
Jun 30, 2024 379.80 Mn
Mar 31, 2024 299.30 Mn
Dec 31, 2023 310.90 Mn
Sep 30, 2023 322.90 Mn
Jun 30, 2023 266.30 Mn
Mar 31, 2023 247.70 Mn
Dec 31, 2022 313.80 Mn
Sep 30, 2022 231.60 Mn
Jun 30, 2022 173.40 Mn
Mar 31, 2022 138.30 Mn
Dec 31, 2021 198.80 Mn
Sep 30, 2021 163.20 Mn
Jun 30, 2021 137.50 Mn