Fortinet (FTNT) Invested Capital (2020 - 2026)

Fortinet (FTNT) posted quarterly Invested Capital of $499.7 million for Q4 2025, little changed quarter-over-quarter from $499.4 million in Q3 2025.

Analysis

Fortinet (FTNT) Invested Capital (2020 - 2026) Analysis & Trends

Fortinet's Invested Capital history runs 2 years deep, the most recent figure standing at $499.7 million for Q4 2025.

In Q4 2025, Invested Capital changed N/A year-over-year to $499.7 million; the TTM figure through Jun 2026 stood at $999.1 million (changed 0.14% YoY), while the FY2025 annual figure was $499.7 million, changed N/A from the prior year.
Invested Capital for Q4 2025 stood at $499.7 million, roughly flat from $499.4 million in the prior quarter.
The five-year high for Invested Capital was $499.7 million in Q4 2025, with the low at $17.6 million in Q3 2021.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Invested Cap. (Qtr)
1	Microsoft	3,713.76 Bn	3,581.01 Bn	60.48 Bn	483.06 Bn
2	Oracle	450.04 Bn	418.14 Bn	-	172.60 Bn
3	Palantir Technologies	418.31 Bn	408.90 Bn	1.64 Bn	-
4	Palo Alto Networks	267.65 Bn	264.54 Bn	2.03 Bn	27.83 Bn
5	CrowdStrike Holdings	216.60 Bn	211.59 Bn	1.10 Bn	5.89 Bn
6	Fortinet	114.71 Bn	110.64 Bn	1.64 Bn	2.05 Bn
7	Cloudflare	99.23 Bn	95.07 Bn	499.52 Mn	2.91 Bn
8	Synopsys	75.15 Bn	71.55 Bn	1.80 Bn	42.21 Bn
9	Block	49.78 Bn	43.36 Bn	3.17 Bn	28.34 Bn
10	CoreWeave	48.53 Bn	42.99 Bn	1.70 Bn	8.69 Bn

Historic Data

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