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

Fortinet's Free Cash Flow history runs 17 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

• In Q1 2026, Free Cash Flow rose 28.15% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $2.5 billion (up 33.69% YoY), while the FY2025 annual figure was $2.2 billion, up 18.44% from the prior year.
• Free Cash Flow was $1.0 billion for Q1 2026 at Fortinet, 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.
• Historically, Free Cash Flow has averaged $521.6 million across 5 years, with a median of $532.2 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Free Cash Flow tumbled 73.1% in 2024, then jumped 351.8% in 2025.
• A 5-year view of Free Cash Flow shows it stood at $532.2 million in 2022, then sank by 35.12% to $345.3 million in 2023, then sank 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.
• The last three Free Cash Flow figures came in at $1.0 billion (Q1 2026), $577.4 million (Q4 2025), and $584.4 million (Q3 2025), per Business Quant data.