Fortinet (FTNT) Inventory Average (2011 - 2026)
Fortinet (FTNT) posted quarterly Inventory Average of $398.0 million for Q2 2026, up 3.65% year-over-year from $384.0 million in Q2 2025, and up 3.48% quarter-over-quarter from $384.5 million in Q1 2026.
Fortinet (FTNT) Inventory Average (2011 - 2026) Analysis & Trends
Fortinet's Inventory Average history runs 16 years deep, the most recent figure standing at $398.0 million for Q2 2026.
- In Q2 2026, Inventory Average rose 3.65% year-over-year to $398.0 million; the TTM figure through Jun 2026 stood at $398.0 million (up 3.65% YoY), while the FY2025 annual figure was $357.5 million, down 10.66% from the prior year.
- Inventory Average for Q2 2026 stood at $398.0 million, up from $384.5 million in the prior quarter.
- The five-year high for Inventory Average was $476.2 million in Q4 2023, with the low at $180.2 million in Q1 2022.
- The 5-year median for Inventory Average is $376.3 million (2024), against an average of $347.1 million.
- The sharpest annual moves came in 2023 and 2024: Inventory Average soared 105.3% in 2023, then declined 29.67% in 2024.
- Fortinet's Inventory Average stood at $240.2 million in 2022, then surged by 98.23% to $476.2 million in 2023, then slipped by 29.67% to $334.9 million in 2024, then gained by 23.34% to $413.0 million in 2025, then decreased by 3.66% to $398.0 million in 2026.
- Business Quant data shows FTNT's Inventory Average at $398.0 million in Q2 2026, $384.5 million in Q1 2026, and $413.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 1.31 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 397.95 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | - |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 379.21 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | - |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 153.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 397.95 Mn |
| Mar 31, 2026 | 384.55 Mn |
| Dec 31, 2025 | 413.05 Mn |
| Sep 30, 2025 | 415.90 Mn |
| Jun 30, 2025 | 383.95 Mn |
| Mar 31, 2025 | 339.10 Mn |
| Dec 31, 2024 | 334.90 Mn |
| Sep 30, 2024 | 368.75 Mn |
| Jun 30, 2024 | 411.35 Mn |
| Mar 31, 2024 | 462.15 Mn |
| Dec 31, 2023 | 476.15 Mn |
| Sep 30, 2023 | 421.90 Mn |
| Jun 30, 2023 | 339.50 Mn |
| Mar 31, 2023 | 283.65 Mn |
| Dec 31, 2022 | 240.20 Mn |
| Sep 30, 2022 | 205.50 Mn |
| Jun 30, 2022 | 189.90 Mn |
| Mar 31, 2022 | 180.20 Mn |
| Dec 31, 2021 | 176.85 Mn |
| Sep 30, 2021 | 163.85 Mn |