Fortinet (FTNT) Non-Current Debt (2021 - 2026)
Fortinet (FTNT) recorded quarterly Non-Current Debt of $496.8 million in Q1 2026, little changed quarter-over-quarter from $496.6 million in Q4 2025, and little changed on a YoY basis from $496.2 million in Q1 2025.
Fortinet (FTNT) Non-Current Debt (2021 - 2026) Analysis & Trends
Fortinet's Non-Current Debt history runs 6 years deep, the most recent figure standing at $496.8 million for Q1 2026.
- In Q1 2026, Non-Current Debt changed 0.12% year-over-year to $496.8 million; the TTM figure through Mar 2026 stood at $496.8 million (changed 0.12% YoY), while the FY2025 annual figure was $496.6 million, down 50.06% from the prior year.
- Non-Current Debt was $496.8 million for Q1 2026 at Fortinet, roughly flat from $496.6 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $994.3 million in Q4 2024 to a low of $496.2 million in Q1 2025.
- Historically, Non-Current Debt has averaged $846.0 million across 5 years, with a median of $990.4 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Non-Current Debt climbed 0.2% in 2022, then tumbled 50.06% in 2025.
- A 5-year view of Non-Current Debt shows it stood at $990.4 million in 2022, then climbed by 0.19% to $992.3 million in 2023, then rose by 0.2% to $994.3 million in 2024, then sank by 50.06% to $496.6 million in 2025, then rose by 0.04% to $496.8 million in 2026.
- The last three Non-Current Debt figures came in at $496.8 million (Q1 2026), $496.6 million (Q4 2025), and $496.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 31.42 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 124.72 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 745.47 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 496.80 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 10.02 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | - |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 17.31 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 496.80 Mn |
| Mar 31, 2026 | 496.80 Mn |
| Dec 31, 2025 | 496.60 Mn |
| Dec 31, 2025 | 496.60 Mn |
| Sep 30, 2025 | 496.50 Mn |
| Sep 30, 2025 | 496.50 Mn |
| Jun 30, 2025 | 496.30 Mn |
| Jun 30, 2025 | 496.30 Mn |
| Mar 31, 2025 | 496.20 Mn |
| Mar 31, 2025 | 496.20 Mn |
| Dec 31, 2024 | 994.30 Mn |
| Dec 31, 2024 | 994.30 Mn |
| Sep 30, 2024 | 993.80 Mn |
| Sep 30, 2024 | 993.80 Mn |
| Jun 30, 2024 | 993.30 Mn |
| Jun 30, 2024 | 993.30 Mn |
| Mar 31, 2024 | 992.80 Mn |
| Mar 31, 2024 | 992.80 Mn |
| Dec 31, 2023 | 992.30 Mn |
| Dec 31, 2023 | 992.30 Mn |