Fortinet (FTNT) Inventory Average (2011 - 2026)

Fortinet (FTNT) posted Inventory Average of $384.5 million for Q1 2026, down 6.9% on a QoQ basis from $413.0 million in Q4 2025, and up 13.4% year-on-year from $339.1 million in Q1 2025.

Fortinet (FTNT) Inventory Average (2011 - 2026) Analysis & Trends

Fortinet has disclosed Inventory Average across 16 years of filings, most recently posting $384.5 million for Q1 2026.

  • Inventory Average for Q1 2026 came in at $384.5 million, up 13.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $384.5 million (up 13.4% YoY), and the FY2025 annual result was $357.5 million, down 10.66% from the prior year.
  • Inventory Average came in at $384.5 million for Q1 2026 at Fortinet, down from $413.0 million in the prior quarter.
  • Over the last five years, Inventory Average for FTNT reached as high as $476.2 million in Q4 2023 and fell as low as $180.2 million in Q1 2022.
  • Median Inventory Average over the past 5 years was $368.8 million (2024), compared with a mean of $344.2 million.
  • Year-over-year, Inventory Average surged 105.3% in 2023 and retreated 29.67% in 2024.
  • Over 5 years, Inventory Average stood at $240.2 million in 2022, then soared by 98.23% to $476.2 million in 2023, then dropped by 29.67% to $334.9 million in 2024, then advanced by 23.34% to $413.0 million in 2025, then retreated by 6.9% to $384.5 million in 2026.
  • Per Business Quant, the three latest FTNT Inventory Average figures stand at $384.5 million (Q1 2026), $413.0 million (Q4 2025), and $415.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 1.14 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn -
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn -
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn -
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn -
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 384.55 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 379.21 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 149.70 Mn