KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Invested Capital (2016 - 2025)

Fortinet (FTNT) has 16 years of Invested Capital data on record, last reported at $1.7 billion in Q4 2025.

  • For Q4 2025, Invested Capital rose 16.29% year-over-year to $1.7 billion; the TTM value through Dec 2025 reached $1.7 billion, up 16.29%, while the annual FY2025 figure was $1.7 billion, 16.29% up from the prior year.
  • Invested Capital reached $1.7 billion in Q4 2025 per FTNT's latest filing, up from $1.2 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $2.6 billion in Q2 2025 and bottomed at -$634.7 million in Q3 2022.
  • Average Invested Capital over 5 years is $768.3 million, with a median of $551.4 million recorded in 2021.
  • Peak YoY movement for Invested Capital: tumbled 1306.14% in 2024, then surged 1890.25% in 2025.
  • A 5-year view of Invested Capital shows it stood at $781.7 million in 2021, then crashed by 136.02% to -$281.6 million in 2022, then crashed by 64.56% to -$463.4 million in 2023, then skyrocketed by 422.36% to $1.5 billion in 2024, then increased by 16.29% to $1.7 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Invested Capital were $1.7 billion in Q4 2025, $1.2 billion in Q3 2025, and $2.6 billion in Q2 2025.