KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Free Cash Flow (2016 - 2026)

Fortinet's Free Cash Flow history spans 17 years, with the latest figure at $1.0 billion for Q1 2026.

  • Quarterly Free Cash Flow rose 28.15% to $1.0 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $2.5 billion through Mar 2026, up 33.69% year-over-year, with the annual reading at $2.2 billion for FY2025, 18.44% up from the prior year.
  • Free Cash Flow came in at $1.0 billion for Q1 2026, up from $577.4 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.0 billion in Q1 2026 to a low of $124.6 million in Q2 2024.
  • The 5-year median for Free Cash Flow is $532.2 million (2022), against an average of $521.6 million.
  • Year-over-year, Free Cash Flow tumbled 73.1% in 2024 and then soared 351.8% in 2025.
  • Fortinet's Free Cash Flow stood at $532.2 million in 2022, then tumbled by 35.12% to $345.3 million in 2023, then crashed by 62.99% to $127.8 million in 2024, then skyrocketed by 351.8% to $577.4 million in 2025, then skyrocketed by 76.84% to $1.0 billion in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Free Cash Flow are $1.0 billion (Q1 2026), $577.4 million (Q4 2025), and $584.4 million (Q3 2025).