Fortinet (FTNT) Interest Expenses (2021 - 2026)
Fortinet (FTNT) posted Interest Expenses of $3.2 million for Q2 2026, down 23.81% on a QoQ basis from $4.2 million in Q1 2026, and down 30.43% year-over-year from $4.6 million in Q2 2025.
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Analysis
Fortinet (FTNT) Interest Expenses (2021 - 2026) Analysis & Trends
Fortinet has reported Interest Expenses for 6 years, with the latest figure at $3.2 million in Q2 2026.
- On a quarterly basis, Interest Expenses fell 30.43% year-over-year to $3.2 million in Q2 2026; TTM through Jun 2026 was $18.0 million, a 7.22% decrease from a year earlier, with the FY2025 full-year figure at $20.1 million, changed 0.5% from the prior year.
- Interest Expenses was $3.2 million for Q2 2026 at Fortinet, down from $4.2 million in the prior quarter.
- The five-year high for Interest Expenses was $6.2 million in Q3 2025, with the low at $3.2 million in Q2 2026.
- Average Interest Expenses over 5 years is $4.8 million, with a median of $4.9 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Interest Expenses jumped 246.15% in 2022, then sank 30.43% in 2026.
- Over 5 years, Interest Expenses stood at $4.5 million in 2022, then advanced by 20.0% to $5.4 million in 2023, then decreased by 9.26% to $4.9 million in 2024, then dropped by 10.2% to $4.4 million in 2025, then dropped by 27.27% to $3.2 million in 2026.
- The last three Interest Expenses figures came in at $3.2 million (Q2 2026), $4.2 million (Q1 2026), and $4.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 6.05 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 3.20 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 2.08 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 3.26 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 28.10 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 924,000.00 |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | -19.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | -89.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Mar 31, 2025 | 4.90 Mn |
| Dec 31, 2024 | 4.90 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Sep 30, 2023 | 5.40 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 4.50 Mn |
| Sep 30, 2022 | 4.50 Mn |
| Jun 30, 2022 | 4.50 Mn |
| Mar 31, 2022 | 4.50 Mn |
| Dec 31, 2021 | 4.50 Mn |
| Sep 30, 2021 | 4.60 Mn |
API Access
Fortinet Interest Expenses 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=interest-expenses&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();