Fortinet (FTNT) Income Taxes Paid (2010 - 2026)
Fortinet (FTNT) posted Income Taxes Paid of $162.5 million for Q2 2026, down 31.5% from $237.2 million a year earlier but up 245.7% from the prior quarter.
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Analysis
Fortinet (FTNT) Income Taxes Paid (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Income Taxes Paid at Fortinet was $397 million, down 29.1% year-over-year; for FY2025, it came in at $451.5 million, down 22.0% from FY2024.
- Annual Income Taxes Paid shows a five-year compound annual growth rate of 62.6% (FY2020 to FY2025).
- In prior years, Fortinet's Income Taxes Paid was $578.9 million in FY2024 (+35.8%), $426.3 million in FY2023 (+63.8%), $260.2 million in FY2022 (+104.2%) and $127.4 million in FY2021 (+220.9%).
- Quarterly Income Taxes Paid has run from a low of $18.8 million in Q1 2022 to a high of $341.4 million in Q4 2023 over five years.
- On a year-over-year basis, Income Taxes Paid increased in two of the last eight quarters, with growth averaging 40.9%.
- The strongest year-over-year quarter for Income Taxes Paid in the past five years was Q2 2024, with growth of 565.2%; the weakest was Q2 2023, with a decline of 65.6%.
- According to Business Quant data, Income Taxes Paid for the three prior quarters was $47 million (Q1 2026), $117.6 million (Q4 2025) and $69.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 12.91 Mn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | - |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 109.00 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 2.07 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | 17.98 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | - |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 5.83 Mn |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | 2.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 109.00 Mn |
| Jun 30, 2026 | 162.50 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Dec 31, 2025 | 117.60 Mn |
| Sep 30, 2025 | 69.90 Mn |
| Jun 30, 2025 | 237.20 Mn |
| Mar 31, 2025 | 26.80 Mn |
| Dec 31, 2024 | 155.90 Mn |
| Sep 30, 2024 | 139.80 Mn |
| Jun 30, 2024 | 252.10 Mn |
| Mar 31, 2024 | 31.10 Mn |
| Dec 31, 2023 | 341.40 Mn |
| Sep 30, 2023 | 26.30 Mn |
| Jun 30, 2023 | 37.90 Mn |
| Mar 31, 2023 | 20.70 Mn |
| Dec 31, 2022 | 62.60 Mn |
| Sep 30, 2022 | 68.50 Mn |
| Jun 30, 2022 | 110.30 Mn |
| Mar 31, 2022 | 18.80 Mn |
| Dec 31, 2021 | 57.50 Mn |
API Access
Fortinet Income Taxes Paid 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=income-taxes-paid&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();