Fortinet (FTNT) Enterprise Value (2010 - 2026)

Fortinet's Enterprise Value history runs 17 years deep, the most recent figure standing at -$3.3 billion for Q1 2026.

• In Q1 2026, Enterprise Value rose 31.08% year-over-year to -$3.3 billion; the TTM figure through Mar 2026 stood at -$3.3 billion (up 31.08% YoY), while the FY2025 annual figure was -$3.6 billion, up 11.9% from the prior year.
• Enterprise Value was -$3.3 billion for Q1 2026 at Fortinet, up from -$3.6 billion in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$721.0 million in Q2 2022 to a low of -$4.8 billion in Q1 2025.
• Historically, Enterprise Value has averaged -$2.9 billion across 5 years, with a median of -$3.1 billion in 2023.
• The sharpest annual moves came in 2022 and 2023: Enterprise Value jumped 76.84% in 2022, then slumped 356.5% in 2023.
• A 5-year view of Enterprise Value shows it stood at -$2.2 billion in 2022, then jumped by 35.08% to -$1.4 billion in 2023, then tumbled by 186.6% to -$4.1 billion in 2024, then advanced by 11.9% to -$3.6 billion in 2025, then increased by 8.03% to -$3.3 billion in 2026.
• The last three Enterprise Value figures came in at -$3.3 billion (Q1 2026), -$3.6 billion (Q4 2025), and -$3.1 billion (Q3 2025), per Business Quant data.