Fortinet (FTNT) EBT (2010 - 2026)
Fortinet's (FTNT) quarterly EBT came in at $656.6 million in Q1 2026, up 26.44% year-on-year from $519.3 million in Q1 2025, and up 0.89% quarter-over-quarter from $650.8 million in Q4 2025.
Fortinet (FTNT) EBT (2010 - 2026) Analysis & Trends
Fortinet's EBT history runs 17 years deep, the most recent figure standing at $656.6 million for Q1 2026.
- On a quarterly basis, EBT rose 26.44% year-over-year to $656.6 million in Q1 2026; TTM through Mar 2026 was $2.4 billion, a 54.29% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 10.87% from the prior year.
- EBT improved to $656.6 million in Q1 2026 per FTNT's latest filing, from $650.8 million in the prior quarter.
- Across five years, EBT topped out at $656.6 million in Q1 2026 and bottomed at -$45.8 million in Q4 2024.
- The 5-year median for EBT is $368.2 million (2022), against an average of $389.5 million.
- Across the five-year window, EBT plunged 111.02% in 2024 and soared 1520.96% in 2025, its largest moves.
- Year by year, EBT stood at $368.2 million in 2022, then increased by 12.87% to $415.6 million in 2023, then slumped by 111.02% to -$45.8 million in 2024, then soared by 1520.96% to $650.8 million in 2025, then climbed by 0.89% to $656.6 million in 2026.
- Per Business Quant, the three latest FTNT EBT figures stand at $656.6 million (Q1 2026), $650.8 million (Q4 2025), and $594.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 39.34 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 117.99 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 5.37 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 888.60 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 549.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 57.84 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 656.60 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -21.40 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 79.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 656.60 Mn |
| Dec 31, 2025 | 650.80 Mn |
| Sep 30, 2025 | 594.80 Mn |
| Jun 30, 2025 | 517.30 Mn |
| Mar 31, 2025 | 519.30 Mn |
| Dec 31, 2024 | -45.80 Mn |
| Sep 30, 2024 | 626.40 Mn |
| Jun 30, 2024 | 468.30 Mn |
| Mar 31, 2024 | 345.40 Mn |
| Dec 31, 2023 | 415.60 Mn |
| Sep 30, 2023 | 327.80 Mn |
| Jun 30, 2023 | 299.20 Mn |
| Mar 31, 2023 | 291.10 Mn |
| Dec 31, 2022 | 368.20 Mn |
| Sep 30, 2022 | 264.70 Mn |
| Jun 30, 2022 | 183.90 Mn |
| Mar 31, 2022 | 138.70 Mn |
| Dec 31, 2021 | 207.30 Mn |
| Sep 30, 2021 | 156.70 Mn |
| Jun 30, 2021 | 145.00 Mn |