Fortinet (FTNT) Interest Expenses (2010 - 2026)
Fortinet's (FTNT) quarterly Interest Expenses came in at $4.2 million in Q1 2026, down 55.79% year-on-year from $9.5 million in Q1 2025, and down 88.2% quarter-over-quarter from $35.6 million in Q4 2025.
Fortinet (FTNT) Interest Expenses (2010 - 2026) Analysis & Trends
Fortinet's Interest Expenses history runs 17 years deep, the most recent figure standing at $4.2 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 55.79% year-over-year to $4.2 million in Q1 2026; TTM through Mar 2026 was $68.3 million, a 618.95% increase from a year earlier, with the FY2025 full-year figure at $241.7 million, down 51.05% from the prior year.
- Interest Expenses fell to $4.2 million in Q1 2026 per FTNT's latest filing, from $35.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $67.6 million in Q2 2025 and bottomed at $4.2 million in Q1 2026.
- The 5-year median for Interest Expenses is $5.4 million (2023), against an average of $12.8 million.
- Across the five-year window, Interest Expenses jumped 1252.0% in 2025 and tumbled 55.79% in 2026, its largest moves.
- Year by year, Interest Expenses stood at $4.5 million in 2022, then jumped by 66.67% to $7.5 million in 2023, then surged by 213.33% to $23.5 million in 2024, then soared by 51.49% to $35.6 million in 2025, then plunged by 88.2% to $4.2 million in 2026.
- Per Business Quant, the three latest FTNT Interest Expenses figures stand at $4.2 million (Q1 2026), $35.6 million (Q4 2025), and $9.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 84.60 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -254.61 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 1.44 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 7.47 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 20.56 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 156.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 4.20 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 35.73 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 1.38 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.20 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 35.60 Mn |
| Dec 31, 2025 | 35.60 Mn |
| Sep 30, 2025 | 9.40 Mn |
| Sep 30, 2025 | 9.40 Mn |
| Jun 30, 2025 | 67.60 Mn |
| Jun 30, 2025 | 67.60 Mn |
| Mar 31, 2025 | 9.50 Mn |
| Mar 31, 2025 | 9.50 Mn |
| Dec 31, 2024 | 23.50 Mn |
| Dec 31, 2024 | 23.50 Mn |
| Sep 30, 2024 | 13.30 Mn |
| Sep 30, 2024 | 13.30 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 | 7.50 Mn |
| Dec 31, 2023 | 7.50 Mn |