Fortinet (FTNT) Enterprise Value (2010 - 2026)

Fortinet (FTNT) posted Enterprise Value of -$3.3 billion for Q1 2026, up 8.03% on a QoQ basis from -$3.6 billion in Q4 2025, and up 31.08% year-on-year from -$2.5 billion in Q1 2025.

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

Fortinet has disclosed Enterprise Value across 17 years of filings, most recently posting -$3.3 billion for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$3.3 billion, up 31.08% year-over-year; the trailing twelve-month figure through Mar 2026 was -$3.3 billion (up 31.08% YoY), and the FY2025 annual result was -$3.6 billion, up 11.9% from the prior year.
  • Enterprise Value came in at -$3.3 billion for Q1 2026 at Fortinet, up from -$3.6 billion in the prior quarter.
  • Over the last five years, Enterprise Value for FTNT reached as high as -$721.0 million in Q2 2022 and fell as low as -$4.8 billion in Q1 2025.
  • Median Enterprise Value over the past 5 years was -$3.1 billion (2023), compared with a mean of -$2.9 billion.
  • Year-over-year, Enterprise Value surged 76.84% in 2022 and sank 356.5% in 2023.
  • Over 5 years, Enterprise Value stood at -$2.2 billion in 2022, then jumped by 35.08% to -$1.4 billion in 2023, then sank 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.
  • Per Business Quant, the three latest FTNT Enterprise Value figures stand at -$3.3 billion (Q1 2026), -$3.6 billion (Q4 2025), and -$3.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -4.29 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn -78.27 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn -7.92 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -9.73 Mn
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn -4.54 Bn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn -3.06 Bn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn -31.35 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn -3.29 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -943.18 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn -117.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.29 Bn
Dec 31, 2025 -3.58 Bn
Sep 30, 2025 -3.12 Bn
Jun 30, 2025 -4.56 Bn
Mar 31, 2025 -4.78 Bn
Dec 31, 2024 -4.07 Bn
Sep 30, 2024 -3.65 Bn
Jun 30, 2024 -3.32 Bn
Mar 31, 2024 -1.95 Bn
Dec 31, 2023 -1.42 Bn
Sep 30, 2023 -3.15 Bn
Jun 30, 2023 -3.29 Bn
Mar 31, 2023 -2.85 Bn
Dec 31, 2022 -2.19 Bn
Sep 30, 2022 -1.69 Bn
Jun 30, 2022 -721.00 Mn
Mar 31, 2022 -940.40 Mn
Dec 31, 2021 -2.50 Bn
Sep 30, 2021 -1.88 Bn
Jun 30, 2021 -3.11 Bn