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Fortinet (FTNT) Operating Expenses (2016 - 2025)

Fortinet (FTNT) has 16 years of Operating Expenses data on record, last reported at $890.2 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 15.39% year-over-year to $890.2 million; the TTM value through Dec 2025 reached $3.4 billion, up 13.06%, while the annual FY2025 figure was $3.4 billion, 13.06% up from the prior year.
  • Operating Expenses reached $890.2 million in Q4 2025 per FTNT's latest filing, up from $845.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $890.2 million in Q4 2025 and bottomed at $432.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $673.9 million, with a median of $713.8 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 30.03% in 2021, then rose 0.57% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $520.4 million in 2021, then rose by 20.66% to $627.9 million in 2022, then rose by 13.68% to $713.8 million in 2023, then grew by 8.08% to $771.5 million in 2024, then grew by 15.39% to $890.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $890.2 million in Q4 2025, $845.9 million in Q3 2025, and $857.1 million in Q2 2025.