KPIs & Operating Metrics(New)
Growth Metrics

Fortinet (FTNT) Operating Expenses (2016 - 2026)

Fortinet's Operating Expenses history spans 17 years, with the latest figure at $905.1 million for Q1 2026.

  • Quarterly Operating Expenses rose 14.16% to $905.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $3.5 billion through Mar 2026, up 14.32% year-over-year, with the annual reading at $3.4 billion for FY2025, 13.06% up from the prior year.
  • Operating Expenses came in at $905.1 million for Q1 2026, up from $890.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $905.1 million in Q1 2026 to a low of $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.
  • Year-over-year, Operating Expenses increased 27.29% in 2022 and then increased 0.57% in 2024.
  • Fortinet's 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 rose by 15.39% to $890.2 million in 2025, then increased by 1.67% to $905.1 million in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Operating Expenses are $905.1 million (Q1 2026), $890.2 million (Q4 2025), and $845.9 million (Q3 2025).