Fortinet (FTNT) Non-Current Debt (2021 - 2026)
Fortinet (FTNT) posted Non-Current Debt of $496.9 million for Q2 2026, up 0.1% from $496.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Fortinet (FTNT) Non-Current Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Fortinet's Non-Current Debt came in at $496.6 million, down 50.1% from FY2024.
- Annual Non-Current Debt shows a four-year compound annual growth rate of -15.8% (FY2021 to FY2025).
- In prior years, Fortinet's Non-Current Debt was $994.3 million in FY2024 (+0.2%), $992.3 million in FY2023 (+0.2%), $990.4 million in FY2022 (+0.2%) and $988.4 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Non-Current Debt since Q4 2024.
- On a year-over-year basis, Non-Current Debt increased in four of the last eight quarters, with an average decline of 24.9%.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q4 2022, with growth of 0.2%; the weakest was Q4 2025, with a decline of 50.1%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $496.8 million (Q1 2026), $496.6 million (Q4 2025) and $496.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.96 Bn | 241.04 Bn | 2.30 Bn | -160.00 Mn |
| 2 | CrowdStrike Holdings | 231.81 Bn | 212.21 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 123.04 Bn | 108.97 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 108.21 Bn | 95.53 Bn | 1.04 Bn | - |
| 5 | Datadog | 88.10 Bn | 69.75 Bn | 881.34 Mn | - |
| 6 | Okta | 32.88 Bn | 22.97 Bn | 641.00 Mn | - |
| 7 | Zscaler | 32.85 Bn | 18.97 Bn | - | - |
| 8 | Axon Enterprise | 32.23 Bn | 26.75 Bn | 546.45 Mn | 1.73 Bn |
| 9 | MongoDB | 27.06 Bn | 17.53 Bn | 569.77 Mn | -1.79 Mn |
| 10 | F5 | 25.10 Bn | 19.51 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 496.90 Mn |
| Mar 31, 2026 | 496.80 Mn |
| Dec 31, 2025 | 496.60 Mn |
| Sep 30, 2025 | 496.50 Mn |
| Jun 30, 2025 | 496.30 Mn |
| Mar 31, 2025 | 496.20 Mn |
| Dec 31, 2024 | 994.30 Mn |
| Sep 30, 2024 | 993.80 Mn |
| Jun 30, 2024 | 993.30 Mn |
| Mar 31, 2024 | 992.80 Mn |
| Dec 31, 2023 | 992.30 Mn |
| Sep 30, 2023 | 991.80 Mn |
| Jun 30, 2023 | 991.30 Mn |
| Mar 31, 2023 | 990.90 Mn |
| Dec 31, 2022 | 990.40 Mn |
| Sep 30, 2022 | 989.90 Mn |
| Jun 30, 2022 | 989.40 Mn |
| Mar 31, 2022 | 988.90 Mn |
| Dec 31, 2021 | 988.40 Mn |
| Sep 30, 2021 | 988.00 Mn |
API Access
Fortinet Non-Current Debt 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=non-current-debt&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();