Fortinet (FTNT) EBT (2010 - 2026)
Fortinet (FTNT) recorded quarterly EBT of $656.6 million in Q1 2026, up 0.89% quarter-over-quarter from $650.8 million in Q4 2025, and up 26.44% on a YoY basis from $519.3 million in Q1 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.
- In Q1 2026, EBT rose 26.44% year-over-year to $656.6 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 54.29% YoY), while the FY2025 annual figure was $2.3 billion, up 10.87% from the prior year.
- EBT was $656.6 million for Q1 2026 at Fortinet, up from $650.8 million in the prior quarter.
- In the past five years, EBT ranged from a high of $656.6 million in Q1 2026 to a low of -$45.8 million in Q4 2024.
- Historically, EBT has averaged $389.5 million across 5 years, with a median of $368.2 million in 2022.
- The sharpest annual moves came in 2024 and 2025: EBT plunged 111.02% in 2024, then jumped 1520.96% in 2025.
- A 5-year view of EBT shows it stood at $368.2 million in 2022, then increased by 12.87% to $415.6 million in 2023, then plunged 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.
- The last three EBT figures came in at $656.6 million (Q1 2026), $650.8 million (Q4 2025), and $594.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 39.34 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 777,000.00 |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 4.42 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 888.60 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 549.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 57.84 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 656.60 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 79.05 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -21.40 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -656.00 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 |