Fortinet (FTNT) Interest Expenses (2021 - 2026)
Fortinet (FTNT) recorded quarterly Interest Expenses of $4.2 million in Q1 2026, down 4.55% quarter-over-quarter from $4.4 million in Q4 2025, and down 14.29% on a YoY basis from $4.9 million in Q1 2025.
Fortinet (FTNT) Interest Expenses (2021 - 2026) Analysis & Trends
Fortinet's Interest Expenses history runs 6 years deep, the most recent figure standing at $4.2 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 14.29% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $19.4 million (down 2.02% YoY), while the FY2025 annual figure was $20.1 million, changed 0.5% from the prior year.
- Interest Expenses was $4.2 million for Q1 2026 at Fortinet, down from $4.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $6.2 million in Q3 2025 to a low of $4.2 million in Q1 2026.
- Historically, Interest Expenses has averaged $4.9 million across 5 years, with a median of $4.9 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Interest Expenses soared 246.15% in 2022, then retreated 14.29% in 2026.
- A 5-year view of Interest Expenses shows it stood at $4.5 million in 2022, then gained by 20.0% to $5.4 million in 2023, then retreated by 9.26% to $4.9 million in 2024, then slipped by 10.2% to $4.4 million in 2025, then slipped by 4.55% to $4.2 million in 2026.
- The last three Interest Expenses figures came in at $4.2 million (Q1 2026), $4.4 million (Q4 2025), and $6.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 778.00 Mn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 1.18 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 7.55 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 4.20 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 2.56 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.20 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Mar 31, 2025 | 4.90 Mn |
| Mar 31, 2025 | 4.90 Mn |
| Dec 31, 2024 | 4.90 Mn |
| Dec 31, 2024 | 4.90 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Dec 31, 2023 | 5.40 Mn |