Fortinet (FTNT) Exchange Rate Effect (2010 - 2025)
Fortinet (FTNT) recorded quarterly Exchange Rate Effect of -$1.6 million in Q4 2025, down 433.33% quarter-over-quarter from -$300000.0 in Q3 2025, and up 30.43% on a YoY basis from -$1.2 million in Q4 2024.
Fortinet (FTNT) Exchange Rate Effect (2010 - 2025) Analysis & Trends
Fortinet's Exchange Rate Effect history runs 10 years deep, the most recent figure standing at -$1.6 million for Q4 2025.
- In Q4 2025, Exchange Rate Effect rose 30.43% year-over-year to -$1.6 million; the TTM figure through Mar 2026 stood at -$1.5 million (down 400.0% YoY), while the FY2025 annual figure was -$600000.0, up 76.92% from the prior year.
- Exchange Rate Effect was -$1.6 million for Q4 2025 at Fortinet, down from -$300000.0 in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $2.1 million in Q3 2024 to a low of -$2.3 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged -$250000.0 across 5 years, with a median of -$300000.0 in 2021.
- Biggest YoY gain for Exchange Rate Effect was 450.0% in 2024; the steepest drop was 1300.0% in 2024.
- A 5-year view of Exchange Rate Effect shows it stood at -$300000.0 in 2021, then surged by 366.67% to $800000.0 in 2022, then surged by 37.5% to $1.1 million in 2023, then sank by 309.09% to -$2.3 million in 2024, then jumped by 30.43% to -$1.6 million in 2025.
- The last three Exchange Rate Effect figures came in at -$1.6 million (Q4 2025), -$300000.0 (Q3 2025), and $400000.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | -114.00 Mn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 109.00 Mn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | -2.40 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 2.31 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | - |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 3.43 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | - |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.60 Mn |
| Dec 31, 2025 | -1.60 Mn |
| Sep 30, 2025 | -300,000.00 |
| Sep 30, 2025 | -300,000.00 |
| Jun 30, 2025 | 400,000.00 |
| Jun 30, 2025 | 400,000.00 |
| Mar 31, 2025 | 900,000.00 |
| Mar 31, 2025 | 900,000.00 |
| Dec 31, 2024 | -2.30 Mn |
| Dec 31, 2024 | -2.30 Mn |
| Sep 30, 2024 | 2.10 Mn |
| Sep 30, 2024 | 2.10 Mn |
| Jun 30, 2024 | -1.00 Mn |
| Jun 30, 2024 | -1.00 Mn |
| Mar 31, 2024 | -1.40 Mn |
| Mar 31, 2024 | -1.40 Mn |
| Dec 31, 2023 | 1.10 Mn |
| Dec 31, 2023 | 1.10 Mn |
| Sep 30, 2023 | -600,000.00 |
| Sep 30, 2023 | -600,000.00 |