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Growth Metrics

Fortinet (FTNT) Invested Capital (2016 - 2025)

Fortinet has reported Invested Capital over the past 16 years, most recently at $1.7 billion for Q4 2025.

  • Quarterly results put Invested Capital at $1.7 billion for Q4 2025, up 16.29% from a year ago — trailing twelve months through Dec 2025 was $1.7 billion (up 16.29% YoY), and the annual figure for FY2025 was $1.7 billion, up 16.29%.
  • Invested Capital for Q4 2025 was $1.7 billion at Fortinet, up from $1.2 billion in the prior quarter.
  • Over the last five years, Invested Capital for FTNT hit a ceiling of $2.6 billion in Q2 2025 and a floor of -$622.8 million in Q3 2022.
  • Median Invested Capital over the past 5 years was $559.8 million (2021), compared with a mean of $769.7 million.
  • Biggest five-year swings in Invested Capital: plummeted 1306.14% in 2024 and later skyrocketed 1890.25% in 2025.
  • Fortinet's Invested Capital stood at $798.4 million in 2021, then crashed by 135.27% to -$281.6 million in 2022, then plummeted by 64.56% to -$463.4 million in 2023, then surged by 422.36% to $1.5 billion in 2024, then rose by 16.29% to $1.7 billion in 2025.
  • The last three reported values for Invested Capital were $1.7 billion (Q4 2025), $1.2 billion (Q3 2025), and $2.6 billion (Q2 2025) per Business Quant data.