Fortinet (FTNT) Inventory (2010 - 2026)

Fortinet (FTNT) recorded quarterly Inventory of $369.6 million in Q1 2026, down 7.48% quarter-over-quarter from $399.5 million in Q4 2025, and up 1.9% on a YoY basis from $362.7 million in Q1 2025.

Fortinet (FTNT) Inventory (2010 - 2026) Analysis & Trends

Fortinet's Inventory history runs 17 years deep, the most recent figure standing at $369.6 million for Q1 2026.

  • In Q1 2026, Inventory rose 1.9% year-over-year to $369.6 million; the TTM figure through Mar 2026 stood at $369.6 million (up 1.9% YoY), while the FY2025 annual figure was $399.5 million, up 26.62% from the prior year.
  • Inventory was $369.6 million for Q1 2026 at Fortinet, down from $399.5 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $484.8 million in Q4 2023 to a low of $184.6 million in Q1 2022.
  • Historically, Inventory has averaged $349.9 million across 5 years, with a median of $369.6 million in 2026.
  • The sharpest annual moves came in 2023 and 2024: Inventory soared 116.64% in 2023, then sank 34.92% in 2024.
  • A 5-year view of Inventory shows it stood at $264.6 million in 2022, then surged by 83.22% to $484.8 million in 2023, then tumbled by 34.92% to $315.5 million in 2024, then grew by 26.62% to $399.5 million in 2025, then fell by 7.48% to $369.6 million in 2026.
  • The last three Inventory figures came in at $369.6 million (Q1 2026), $399.5 million (Q4 2025), and $426.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 1.22 Bn
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 -
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 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 369.60 Mn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 393.22 Mn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn -
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 369.60 Mn
Dec 31, 2025 399.50 Mn
Sep 30, 2025 426.60 Mn
Jun 30, 2025 405.20 Mn
Mar 31, 2025 362.70 Mn
Dec 31, 2024 315.50 Mn
Sep 30, 2024 354.30 Mn
Jun 30, 2024 383.20 Mn
Mar 31, 2024 439.50 Mn
Dec 31, 2023 484.80 Mn
Sep 30, 2023 467.50 Mn
Jun 30, 2023 376.30 Mn
Mar 31, 2023 302.70 Mn
Dec 31, 2022 264.60 Mn
Sep 30, 2022 215.80 Mn
Jun 30, 2022 195.20 Mn
Mar 31, 2022 184.60 Mn
Dec 31, 2021 175.80 Mn
Sep 30, 2021 177.90 Mn
Jun 30, 2021 149.80 Mn