Fortinet (FTNT) Inventory (2010 - 2026)
Fortinet's (FTNT) quarterly Inventory came in at $369.6 million in Q1 2026, up 1.9% year-on-year from $362.7 million in Q1 2025, and down 7.48% quarter-over-quarter from $399.5 million in Q4 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.
- On a quarterly basis, Inventory rose 1.9% year-over-year to $369.6 million in Q1 2026; TTM through Mar 2026 was $369.6 million, a 1.9% increase from a year earlier, with the FY2025 full-year figure at $399.5 million, up 26.62% from the prior year.
- Inventory slipped to $369.6 million in Q1 2026 per FTNT's latest filing, from $399.5 million in the prior quarter.
- Across five years, Inventory topped out at $484.8 million in Q4 2023 and bottomed at $184.6 million in Q1 2022.
- The 5-year median for Inventory is $369.6 million (2026), against an average of $349.9 million.
- Across the five-year window, Inventory surged 116.64% in 2023 and sank 34.92% in 2024, its largest moves.
- Year by year, Inventory stood at $264.6 million in 2022, then jumped by 83.22% to $484.8 million in 2023, then sank 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.
- Per Business Quant, the three latest FTNT Inventory figures stand at $369.6 million (Q1 2026), $399.5 million (Q4 2025), and $426.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 1.22 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 369.60 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | - |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 393.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |