Fortinet (FTNT) Net Equity Issued and Repurchased (2010 - 2026)
Fortinet (FTNT) reported Net Equity Issued and Repurchased of $44.7 million for Q2 2026, up 302.7% from $11.1 million a year earlier and up 154.0% from the prior quarter.
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Analysis
Fortinet (FTNT) Net Equity Issued and Repurchased (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortinet's Net Equity Issued and Repurchased came in at $75.7 million, up 1.2% year-over-year.
- Net Equity Issued and Repurchased has a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- By year, Net Equity Issued and Repurchased came in at $63.1 million in FY2024 (+44.1%), $43.8 million in FY2023 (+67.8%), $26.1 million in FY2022 (+0.4%) and $26 million in FY2021 (+17.6%).
- The Q2 2026 figure ranks as the highest quarterly Net Equity Issued and Repurchased since Q1 2018.
- Year over year, Net Equity Issued and Repurchased gained in five of the last eight quarters, with growth averaging 85.2%.
- The high point for year-over-year Net Equity Issued and Repurchased in five years was Q2 2026 (growth of 302.7%); the low point was Q4 2025 (a decline of 69.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.6 million (Q1 2026), $7.1 million (Q4 2025) and $6.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn | 1.00 Mn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn | 87.61 Mn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn | -105.10 Mn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn | 67.85 Mn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn | 41.86 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn | -99.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn | - |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn | -75.79 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn | -63.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -105.10 Mn |
| Mar 31, 2026 | -805.40 Mn |
| Dec 31, 2025 | -50.10 Mn |
| Sep 30, 2025 | -1.83 Bn |
| Jun 30, 2025 | -390.00 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 19.50 Mn |
| Jun 30, 2024 | 6.20 Mn |
| Mar 31, 2024 | 13.40 Mn |
| Dec 31, 2023 | -888.40 Mn |
| Sep 30, 2023 | -597.60 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 21.20 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | -494.20 Mn |
| Jun 30, 2022 | -795.10 Mn |
| Mar 31, 2022 | -680.20 Mn |
| Dec 31, 2021 | -566.50 Mn |
| Sep 30, 2021 | -73.50 Mn |
API Access
Fortinet Net Equity Issued and Repurchased 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=net-equity-issued-and-repurchased&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-equity-issued-and-repurchased", "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=net-equity-issued-and-repurchased&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();