KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Invested Capital (2016 - 2026)

Fortinet's Invested Capital history spans 17 years, with the latest figure at $989.7 million for Q1 2026.

  • Quarterly Invested Capital fell 59.79% to $989.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $989.7 million through Mar 2026, down 59.79% year-over-year, with the annual reading at $1.7 billion for FY2025, 16.29% up from the prior year.
  • Invested Capital came in at $989.7 million for Q1 2026, down from $1.7 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $2.6 billion in Q2 2025 to a low of -$634.7 million in Q3 2022.
  • The 5-year median for Invested Capital is $288.2 million (2024), against an average of $612.7 million.
  • Year-over-year, Invested Capital plummeted 1306.14% in 2024 and then skyrocketed 1890.25% in 2025.
  • Fortinet's Invested Capital stood at -$281.6 million in 2022, then tumbled by 64.56% to -$463.4 million in 2023, then soared by 422.36% to $1.5 billion in 2024, then grew by 16.29% to $1.7 billion in 2025, then tumbled by 43.03% to $989.7 million in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Invested Capital are $989.7 million (Q1 2026), $1.7 billion (Q4 2025), and $1.2 billion (Q3 2025).