Fortinet (FTNT) Goodwill (2013 - 2026)
Fortinet (FTNT) recorded Goodwill of $257.4 million in Q2 2026, down 0.6% from $258.9 million a year earlier and unchanged from the prior quarter.
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Analysis
Fortinet (FTNT) Goodwill (2013 - 2026) Analysis & Trends
Starting with Q1 2013, Fortinet's Goodwill history includes 54 quarters.
- Annual Goodwill has a five-year compound annual growth rate of 22.6% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $235.4 million in FY2024 (+86.1%), $126.5 million in FY2023 (-1.2%), $128 million in FY2022 (+2.3%) and $125.1 million in FY2021 (+34.5%).
- Quarterly Goodwill has ranged from $120.2 million in Q3 2022 to $258.9 million in Q2 2025 over the past five years.
- On a year-over-year basis, Goodwill rose in seven of the last eight quarters, with growth averaging 47.6%.
- Peak year-over-year performance for Goodwill in the last five years was growth of 102.4% in Q2 2025, against a decline of 5.8% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $257.4 million (Q1 2026), $257.4 million (Q4 2025) and $258.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 239.80 Bn | 224.87 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 221.32 Bn | 201.72 Bn | 1.10 Bn |
| 3 | Snowflake | 95.32 Bn | 82.64 Bn | 1.04 Bn |
| 4 | Fortinet | 91.37 Bn | 75.63 Bn | 1.64 Bn |
| 5 | Datadog | 62.68 Bn | 43.23 Bn | 959.92 Mn |
| 6 | Axon Enterprise | 33.44 Bn | 27.96 Bn | 546.45 Mn |
| 7 | Zscaler | 33.36 Bn | 19.52 Bn | 689.22 Mn |
| 8 | Okta | 29.92 Bn | 20.01 Bn | 641.00 Mn |
| 9 | MongoDB | 24.20 Bn | 14.66 Bn | 569.77 Mn |
| 10 | Roku | 23.96 Bn | 13.98 Bn | 648.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 273.70 Mn |
| Jun 30, 2026 | 257.40 Mn |
| Mar 31, 2026 | 257.40 Mn |
| Dec 31, 2025 | 257.40 Mn |
| Sep 30, 2025 | 258.30 Mn |
| Jun 30, 2025 | 258.90 Mn |
| Mar 31, 2025 | 236.20 Mn |
| Dec 31, 2024 | 235.40 Mn |
| Sep 30, 2024 | 212.80 Mn |
| Jun 30, 2024 | 127.90 Mn |
| Mar 31, 2024 | 129.00 Mn |
| Dec 31, 2023 | 126.50 Mn |
| Sep 30, 2023 | 125.40 Mn |
| Jun 30, 2023 | 126.00 Mn |
| Mar 31, 2023 | 127.80 Mn |
| Dec 31, 2022 | 128.00 Mn |
| Sep 30, 2022 | 120.20 Mn |
| Jun 30, 2022 | 121.30 Mn |
| Mar 31, 2022 | 123.80 Mn |
| Dec 31, 2021 | 125.10 Mn |
API Access
Fortinet Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();