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Fortinet (FTNT) Enterprise Value (2016 - 2025)

Fortinet has reported Enterprise Value over the past 16 years, most recently at -$3.6 billion for Q4 2025.

  • Quarterly results put Enterprise Value at -$3.6 billion for Q4 2025, up 11.9% from a year ago — trailing twelve months through Dec 2025 was -$3.6 billion (up 11.9% YoY), and the annual figure for FY2025 was -$3.6 billion, up 11.9%.
  • Enterprise Value for Q4 2025 was -$3.6 billion at Fortinet, down from -$3.1 billion in the prior quarter.
  • Over the last five years, Enterprise Value for FTNT hit a ceiling of -$721.0 million in Q2 2022 and a floor of -$4.8 billion in Q1 2025.
  • Median Enterprise Value over the past 5 years was -$2.9 billion (2021), compared with a mean of -$2.8 billion.
  • Biggest five-year swings in Enterprise Value: soared 76.84% in 2022 and later crashed 356.5% in 2023.
  • Fortinet's Enterprise Value stood at -$1.3 billion in 2021, then tumbled by 62.98% to -$2.2 billion in 2022, then fell by 10.7% to -$2.4 billion in 2023, then plummeted by 68.08% to -$4.1 billion in 2024, then rose by 11.9% to -$3.6 billion in 2025.
  • The last three reported values for Enterprise Value were -$3.6 billion (Q4 2025), -$3.1 billion (Q3 2025), and -$4.6 billion (Q2 2025) per Business Quant data.