Fortinet FTNT
NASDAQ FTNT
$156.29 -0.07 (-0.04%)
As of: Sep 4, 2026 · 3:59 PM EDT

Fortinet (FTNT) Enterprise Value (2010 - 2026)

Fortinet (FTNT) posted quarterly Enterprise Value of -$4.1 billion for Q2 2026, up 10.81% year-over-year from -$3.7 billion in Q2 2025, and down 23.51% quarter-over-quarter from -$3.3 billion in Q1 2026.

Analysis

Fortinet (FTNT) Enterprise Value (2010 - 2026) Analysis & Trends

Fortinet's Enterprise Value history runs 17 years deep, the most recent figure standing at -$4.1 billion for Q2 2026.

  • In Q2 2026, Enterprise Value rose 10.81% year-over-year to -$4.1 billion; the TTM figure through Jun 2026 stood at -$4.1 billion (up 10.81% YoY), while the FY2025 annual figure was -$3.6 billion, up 11.9% from the prior year.
  • Enterprise Value for Q2 2026 stood at -$4.1 billion, down from -$3.3 billion in the prior quarter.
  • The five-year high for Enterprise Value was -$1.7 billion in Q3 2022, with the low at -$4.8 billion in Q1 2025.
  • The 5-year median for Enterprise Value is -$3.2 billion (2023), against an average of -$3.2 billion.
  • The sharpest annual moves came in 2022 and 2023: Enterprise Value surged 44.84% in 2022, then tumbled 91.66% in 2023.
  • Fortinet's Enterprise Value stood at -$2.2 billion in 2022, then retreated by 10.7% to -$2.4 billion in 2023, then tumbled by 68.08% to -$4.1 billion in 2024, then gained by 11.9% to -$3.6 billion in 2025, then declined by 13.6% to -$4.1 billion in 2026.
  • Business Quant data shows FTNT's Enterprise Value at -$4.1 billion in Q2 2026, -$3.3 billion in Q1 2026, and -$3.6 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn
2 Oracle 452.14 Bn 420.24 Bn -
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn
10 CoreWeave 49.23 Bn 43.69 Bn 1.70 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 108.63 Bn
Mar 31, 2026 56.69 Bn
Dec 31, 2025 55.42 Bn
Sep 30, 2025 59.34 Bn
Jun 30, 2025 76.38 Bn
Mar 31, 2025 69.26 Bn
Dec 31, 2024 68.40 Bn
Sep 30, 2024 55.73 Bn
Jun 30, 2024 42.74 Bn
Mar 31, 2024 49.13 Bn
Dec 31, 2023 42.12 Bn
Sep 30, 2023 42.40 Bn
Jun 30, 2023 56.09 Bn
Mar 31, 2023 49.28 Bn
Dec 31, 2022 36.02 Bn
Sep 30, 2022 36.63 Bn
Jun 30, 2022 42.89 Bn
Mar 31, 2022 52.69 Bn
Dec 31, 2021 55.73 Bn
Sep 30, 2021 44.66 Bn