Fortinet (FTNT) Equity Average (2011 - 2026)
Fortinet (FTNT) posted Equity Average of $1.1 billion for Q1 2026, up 12.91% on a QoQ basis from $986.3 million in Q4 2025, and down 35.57% year-on-year from $1.7 billion in Q1 2025.
Fortinet (FTNT) Equity Average (2011 - 2026) Analysis & Trends
Fortinet has disclosed Equity Average across 16 years of filings, most recently posting $1.1 billion for Q1 2026.
- Equity Average for Q1 2026 came in at $1.1 billion, down 35.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 35.57% YoY), and the FY2025 annual result was $1.4 billion, up 165.07% from the prior year.
- Equity Average came in at $1.1 billion for Q1 2026 at Fortinet, up from $986.3 million in the prior quarter.
- Over the last five years, Equity Average for FTNT reached as high as $2.0 billion in Q2 2025 and fell as low as -$507.2 million in Q3 2022.
- Median Equity Average over the past 5 years was $197.6 million (2023), compared with a mean of $489.1 million.
- Year-over-year, Equity Average slumped 147.79% in 2022 and jumped 2569.74% in 2025.
- Over 5 years, Equity Average stood at -$458.2 million in 2022, then soared by 57.51% to -$194.6 million in 2023, then surged by 716.98% to $1.2 billion in 2024, then slipped by 17.87% to $986.3 million in 2025, then gained by 12.91% to $1.1 billion in 2026.
- Per Business Quant, the three latest FTNT Equity Average figures stand at $1.1 billion (Q1 2026), $986.3 million (Q4 2025), and $1.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | 39.34 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 263.58 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 | - | -11.85 Mn |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 9.03 Bn |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 4.22 Bn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 41.05 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 1.11 Bn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | 1.49 Bn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 29.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.11 Bn |
| Dec 31, 2025 | 986.30 Mn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 2.01 Bn |
| Mar 31, 2025 | 1.73 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 598.15 Mn |
| Jun 30, 2024 | 75.35 Mn |
| Mar 31, 2024 | -300.45 Mn |
| Dec 31, 2023 | -194.65 Mn |
| Sep 30, 2023 | 197.65 Mn |
| Jun 30, 2023 | 166.30 Mn |
| Mar 31, 2023 | -135.10 Mn |
| Dec 31, 2022 | -458.15 Mn |
| Sep 30, 2022 | -507.15 Mn |
| Jun 30, 2022 | -73.20 Mn |
| Mar 31, 2022 | 507.45 Mn |
| Dec 31, 2021 | 958.65 Mn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 1.02 Bn |