Fortinet (FTNT) Liabilities and Shareholders Equity (2010 - 2026)
Fortinet's Liabilities and Shareholders Equity was $10.86 billion in Q2 2026, up 2.0% from $10.64 billion a year earlier and up 9.9% from the prior quarter.
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Analysis
Fortinet (FTNT) Liabilities and Shareholders Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Liabilities and Shareholders Equity at Fortinet came in at $10.39 billion, up 6.4% from FY2024.
- Liabilities and Shareholders Equity has now increased for 15 consecutive years, with a five-year compound annual growth rate of 20.8% (FY2020 to FY2025).
- In earlier years, Liabilities and Shareholders Equity was $9.76 billion in FY2024 (+34.5%), $7.26 billion in FY2023 (+16.6%), $6.23 billion in FY2022 (+5.2%) and $5.92 billion in FY2021 (+46.3%).
- The Q2 2026 figure marks the highest quarterly Liabilities and Shareholders Equity in data going back to Q4 2010.
- Compared with a year earlier, Liabilities and Shareholders Equity was higher in seven of the last eight quarters, with growth averaging 16.3%.
- The best year-over-year quarter for Liabilities and Shareholders Equity over five years was Q3 2021 (growth of 66.5%); the worst was Q3 2022 (a decline of 10.6%).
- Per Business Quant data, FTNT's Liabilities and Shareholders Equity in the three quarters before Q2 2026 was $9.88 billion (Q1 2026), $10.39 billion (Q4 2025) and $9.36 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | 48.46 Bn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | 12.03 Bn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 10.86 Bn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | 8.69 Bn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | 7.55 Bn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | 7.87 Bn |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | 9.14 Bn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 7.48 Bn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | 3.78 Bn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | 6.83 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.86 Bn |
| Mar 31, 2026 | 9.88 Bn |
| Dec 31, 2025 | 10.39 Bn |
| Sep 30, 2025 | 9.36 Bn |
| Jun 30, 2025 | 10.64 Bn |
| Mar 31, 2025 | 10.41 Bn |
| Dec 31, 2024 | 9.76 Bn |
| Sep 30, 2024 | 8.85 Bn |
| Jun 30, 2024 | 8.05 Bn |
| Mar 31, 2024 | 7.66 Bn |
| Dec 31, 2023 | 7.26 Bn |
| Sep 30, 2023 | 7.48 Bn |
| Jun 30, 2023 | 7.49 Bn |
| Mar 31, 2023 | 6.83 Bn |
| Dec 31, 2022 | 6.23 Bn |
| Sep 30, 2022 | 5.34 Bn |
| Jun 30, 2022 | 5.29 Bn |
| Mar 31, 2022 | 5.65 Bn |
| Dec 31, 2021 | 5.92 Bn |
| Sep 30, 2021 | 5.97 Bn |
API Access
Fortinet Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();