Fortinet (FTNT) Minority Interest (2021 - 2022)
Fortinet (FTNT) posted Minority Interest of $11.9 million for Q3 2022, down 10.53% on a QoQ basis from $13.3 million in Q2 2022, and down 32.0% year-over-year from $17.5 million in Q3 2021.
Fortinet (FTNT) Minority Interest (2021 - 2022) Analysis & Trends
Fortinet has reported Minority Interest for 2 years, with the latest figure at $11.9 million in Q3 2022.
- On a quarterly basis, Minority Interest fell 32.0% year-over-year to $11.9 million in Q3 2022; TTM through Sep 2022 was $11.9 million, a 32.0% decrease from a year earlier, with the FY2021 full-year figure at $16.7 million, changed N/A from the prior year.
- Minority Interest was $11.9 million for Q3 2022 at Fortinet, down from $13.3 million in the prior quarter.
- The five-year high for Minority Interest was $17.5 million in Q3 2021, with the low at $11.9 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 11.90 Mn |
| Jun 30, 2022 | 13.30 Mn |
| Mar 31, 2022 | 15.50 Mn |
| Dec 31, 2021 | 16.70 Mn |
| Sep 30, 2021 | 17.50 Mn |
Fortinet Minority Interest 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=minority-interest&ticker=FTNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();