Fortinet (FTNT) Interest Expenses (2021 - 2026)
Fortinet (FTNT) posted quarterly Interest Expenses of $75.2 million for Q2 2026, up 623.08% year-over-year from $10.4 million in Q2 2025, and little changed quarter-over-quarter from $74.9 million in Q1 2026.
Analysis
Fortinet (FTNT) Interest Expenses (2021 - 2026) Analysis & Trends
Fortinet's Interest Expenses history runs 17 years deep, the most recent figure standing at $75.2 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 623.08% year-over-year to $75.2 million; the TTM figure through Jun 2026 stood at $75.2 million (up 623.08% YoY), while the FY2025 annual figure was $241.7 million, down 51.05% from the prior year.
- Interest Expenses for Q2 2026 stood at $75.2 million, roughly flat from $74.9 million in the prior quarter.
- The five-year high for Interest Expenses was $75.2 million in Q2 2026, with the low at $4.4 million in Q4 2025.
- The 5-year median for Interest Expenses is $5.3 million (2023), against an average of $14.3 million.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses slumped 37.5% in 2023, then surged 688.42% in 2026.
- Fortinet's Interest Expenses stood at $4.5 million in 2022, then soared by 66.67% to $7.5 million in 2023, then tumbled by 34.67% to $4.9 million in 2024, then decreased by 10.2% to $4.4 million in 2025, then jumped by 1609.09% to $75.2 million in 2026.
- Business Quant data shows FTNT's Interest Expenses at $75.2 million in Q2 2026, $74.9 million in Q1 2026, and $4.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,721.71 Bn | 3,588.96 Bn | 60.48 Bn | 839.00 Mn |
| 2 | Oracle | 450.68 Bn | 418.78 Bn | - | 1.44 Bn |
| 3 | Palantir Technologies | 418.34 Bn | 408.93 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 266.28 Bn | 263.17 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 216.66 Bn | 211.65 Bn | 1.10 Bn | 6.05 Mn |
| 6 | Fortinet | 114.50 Bn | 110.43 Bn | 1.64 Bn | 3.20 Mn |
| 7 | Cloudflare | 99.31 Bn | 95.15 Bn | 499.52 Mn | 3.09 Mn |
| 8 | Synopsys | 75.23 Bn | 71.62 Bn | 1.80 Bn | 133.23 Mn |
| 9 | Block | 49.73 Bn | 43.30 Bn | 3.17 Bn | - |
| 10 | CoreWeave | 48.83 Bn | 43.29 Bn | 1.70 Bn | - |
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 |