Fortinet (FTNT) Liabilities and Shareholders Equity (2010 - 2026)
Fortinet (FTNT) recorded quarterly Liabilities and Shareholders Equity of $9.9 billion in Q1 2026, down 4.87% quarter-over-quarter from $10.4 billion in Q4 2025, and down 5.03% on a YoY basis from $10.4 billion in Q1 2025.
Fortinet (FTNT) Liabilities and Shareholders Equity (2010 - 2026) Analysis & Trends
Fortinet's Liabilities and Shareholders Equity history runs 17 years deep, the most recent figure standing at $9.9 billion for Q1 2026.
- In Q1 2026, Liabilities and Shareholders Equity fell 5.03% year-over-year to $9.9 billion; the TTM figure through Mar 2026 stood at $40.3 billion (up 8.63% YoY), while the FY2025 annual figure was $10.4 billion, up 6.41% from the prior year.
- Liabilities and Shareholders Equity was $9.9 billion for Q1 2026 at Fortinet, down from $10.4 billion in the prior quarter.
- In the past five years, Liabilities and Shareholders Equity ranged from a high of $10.6 billion in Q2 2025 to a low of $5.3 billion in Q2 2022.
- Historically, Liabilities and Shareholders Equity has averaged $8.0 billion across 5 years, with a median of $7.7 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Liabilities and Shareholders Equity declined 10.63% in 2022, then jumped 41.39% in 2023.
- A 5-year view of Liabilities and Shareholders Equity shows it stood at $6.2 billion in 2022, then advanced by 16.55% to $7.3 billion in 2023, then surged by 34.5% to $9.8 billion in 2024, then gained by 6.41% to $10.4 billion in 2025, then declined by 4.87% to $9.9 billion in 2026.
- The last three Liabilities and Shareholders Equity figures came in at $9.9 billion (Q1 2026), $10.4 billion (Q4 2025), and $9.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 694.23 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 44.85 Bn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 245.24 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 10.20 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 24.98 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 11.09 Bn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 9.88 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 47.24 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 6.16 Bn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 55.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 5.56 Bn |