Fortinet (FTNT) Free Cash Flow (2010 - 2026)

Fortinet has disclosed Free Cash Flow across 17 years of filings, most recently posting $1.0 billion for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $1.0 billion, up 28.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 33.69% YoY), and the FY2025 annual result was $2.2 billion, up 18.44% from the prior year.
• Free Cash Flow came in at $1.0 billion for Q1 2026 at Fortinet, up from $577.4 million in the prior quarter.
• Over the last five years, Free Cash Flow for FTNT reached as high as $1.0 billion in Q1 2026 and fell as low as $124.6 million in Q2 2024.
• Median Free Cash Flow over the past 5 years was $532.2 million (2022), compared with a mean of $521.6 million.
• Year-over-year, Free Cash Flow slumped 73.1% in 2024 and surged 351.8% in 2025.
• Over 5 years, Free Cash Flow stood at $532.2 million in 2022, then tumbled by 35.12% to $345.3 million in 2023, then tumbled by 62.99% to $127.8 million in 2024, then surged by 351.8% to $577.4 million in 2025, then surged by 76.84% to $1.0 billion in 2026.
• Per Business Quant, the three latest FTNT Free Cash Flow figures stand at $1.0 billion (Q1 2026), $577.4 million (Q4 2025), and $584.4 million (Q3 2025).