Fortinet (FTNT) Inventory Average (2011 - 2026)

Fortinet's Inventory Average history runs 16 years deep, the most recent figure standing at $384.5 million for Q1 2026.

• In Q1 2026, Inventory Average rose 13.4% year-over-year to $384.5 million; the TTM figure through Mar 2026 stood at $384.5 million (up 13.4% YoY), while the FY2025 annual figure was $357.5 million, down 10.66% from the prior year.
• Inventory Average was $384.5 million for Q1 2026 at Fortinet, down from $413.0 million in the prior quarter.
• In the past five years, Inventory Average ranged from a high of $476.2 million in Q4 2023 to a low of $180.2 million in Q1 2022.
• Historically, Inventory Average has averaged $344.2 million across 5 years, with a median of $368.8 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Inventory Average jumped 105.3% in 2023, then fell 29.67% in 2024.
• A 5-year view of Inventory Average shows it 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.
• The last three Inventory Average figures came in at $384.5 million (Q1 2026), $413.0 million (Q4 2025), and $415.9 million (Q3 2025), per Business Quant data.