Fortinet (FTNT) Goodwill & Intangibles (2012 - 2026)
Fortinet (FTNT) recorded Goodwill & Intangibles of $334.5 million in Q2 2026, down 12.5% from $382.2 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Fortinet (FTNT) Goodwill & Intangibles (2012 - 2026) Analysis & Trends
At the end of FY2025, Fortinet reported Goodwill & Intangibles of $354.7 million, up 1.2% from FY2024.
- Annual Goodwill & Intangibles has a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $350.4 million in FY2024 (+116.6%), $161.8 million in FY2023 (-12.1%), $184 million in FY2022 (-2.5%) and $188.7 million in FY2021 (+51.4%).
- The Q2 2026 figure is the lowest quarterly Goodwill & Intangibles since Q3 2024.
- On a year-over-year basis, Goodwill & Intangibles rose in six of the last eight quarters, with growth averaging 59.1%.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 141.7% in Q2 2025, against a decline of 19.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $344.4 million (Q1 2026), $354.7 million (Q4 2025) and $368.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 334.50 Mn |
| Mar 31, 2026 | 344.40 Mn |
| Dec 31, 2025 | 354.70 Mn |
| Sep 30, 2025 | 368.50 Mn |
| Jun 30, 2025 | 382.20 Mn |
| Mar 31, 2025 | 357.40 Mn |
| Dec 31, 2024 | 350.40 Mn |
| Sep 30, 2024 | 324.40 Mn |
| Jun 30, 2024 | 158.10 Mn |
| Mar 31, 2024 | 163.10 Mn |
| Dec 31, 2023 | 161.80 Mn |
| Sep 30, 2023 | 165.00 Mn |
| Jun 30, 2023 | 170.60 Mn |
| Mar 31, 2023 | 178.90 Mn |
| Dec 31, 2022 | 184.00 Mn |
| Sep 30, 2022 | 159.00 Mn |
| Jun 30, 2022 | 166.70 Mn |
| Mar 31, 2022 | 178.90 Mn |
| Dec 31, 2021 | 188.70 Mn |
| Sep 30, 2021 | 198.60 Mn |
API Access
Fortinet Goodwill & Intangibles 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-and-intangibles&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();