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
DateValue
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