Fortinet (FTNT) Operating Expenses (2010 - 2026)

Fortinet's Operating Expenses history runs 17 years deep, the most recent figure standing at $905.1 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 14.16% year-over-year to $905.1 million in Q1 2026; TTM through Mar 2026 was $3.5 billion, a 14.32% increase from a year earlier, with the FY2025 full-year figure at $3.4 billion, up 13.06% from the prior year.
• Operating Expenses rose to $905.1 million in Q1 2026 per FTNT's latest filing, from $890.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $905.1 million in Q1 2026 and bottomed at $550.0 million in Q1 2022.
• The 5-year median for Operating Expenses is $722.1 million (2024), against an average of $733.8 million.
• Across the five-year window, Operating Expenses increased 27.29% in 2022 and advanced 0.57% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $627.9 million in 2022, then increased by 13.68% to $713.8 million in 2023, then rose by 8.08% to $771.5 million in 2024, then gained by 15.39% to $890.2 million in 2025, then rose by 1.67% to $905.1 million in 2026.
• Per Business Quant, the three latest FTNT Operating Expenses figures stand at $905.1 million (Q1 2026), $890.2 million (Q4 2025), and $845.9 million (Q3 2025).