Fortinet (FTNT) Non Operating Interest Expenses (2021 - 2026)
Fortinet (FTNT) recorded Non Operating Interest Expenses of $3 million in Q3 2026, down 51.6% from $6.2 million a year earlier and down 6.3% from the prior quarter.
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Analysis
Fortinet (FTNT) Non Operating Interest Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Fortinet's Non Operating Interest Expenses came in at $14.8 million as of Sep 30, 2026, down 28.2% year-over-year; for FY2025, it was $20.1 million, up 0.5% from FY2024.
- Annual Non Operating Interest Expenses has a four-year compound annual growth rate of 7.8% (FY2021 to FY2025).
- Across earlier years, Non Operating Interest Expenses came in at $20 million in FY2024 (-4.8%), $21 million in FY2023 (+16.7%), $18 million in FY2022 (+20.8%) and $14.9 million in FY2021.
- The Q3 2026 figure is the lowest quarterly Non Operating Interest Expenses since Q1 2021.
- On a year-over-year basis, Non Operating Interest Expenses has declined for four consecutive quarters, with an average decline of 13.0% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 246.2% in Q1 2022, against a decline of 51.6% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.2 million (Q2 2026), $4.2 million (Q1 2026) and $4.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 236.47 Bn | 221.54 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 222.11 Bn | 202.51 Bn | 1.10 Bn | 6.05 Mn |
| 3 | Snowflake | 94.71 Bn | 82.03 Bn | 1.04 Bn | 2.08 Mn |
| 4 | Fortinet | 89.93 Bn | 74.19 Bn | 1.64 Bn | 3.00 Mn |
| 5 | Datadog | 63.01 Bn | 43.55 Bn | 959.92 Mn | 3.24 Mn |
| 6 | Zscaler | 32.84 Bn | 19.00 Bn | 689.22 Mn | 2.75 Mn |
| 7 | Axon Enterprise | 30.75 Bn | 25.27 Bn | 546.45 Mn | 28.10 Mn |
| 8 | Okta | 29.97 Bn | 20.07 Bn | 641.00 Mn | -19.00 Mn |
| 9 | MongoDB | 24.61 Bn | 15.08 Bn | 569.77 Mn | 924,000.00 |
| 10 | Roku | 23.91 Bn | 13.93 Bn | 648.52 Mn | 593,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.00 Mn |
| Jun 30, 2026 | 3.20 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Mar 31, 2025 | 4.90 Mn |
| Dec 31, 2024 | 4.90 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Sep 30, 2023 | 5.40 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 4.50 Mn |
| Sep 30, 2022 | 4.50 Mn |
| Jun 30, 2022 | 4.50 Mn |
| Mar 31, 2022 | 4.50 Mn |
| Dec 31, 2021 | 4.50 Mn |
API Access
Fortinet Non Operating Interest Expenses 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-operating-interest-expenses&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();