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Fortinet (FTNT) Operating Expenses: 2009-2024

Historic Operating Expenses for Fortinet (FTNT) over the last 16 years, with Dec 2024 value amounting to $3.0 billion.

  • Fortinet's Operating Expenses rose 9.32% to $845.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.3 billion, marking a year-over-year increase of 11.24%. This contributed to the annual value of $3.0 billion for FY2024, which is 5.95% up from last year.
  • Latest data reveals that Fortinet reported Operating Expenses of $3.0 billion as of FY2024, which was up 5.95% from $2.8 billion recorded in FY2023.
  • Fortinet's Operating Expenses' 5-year high stood at $3.0 billion during FY2024, with a 5-year trough of $1.5 billion in FY2020.
  • Its 3-year average for Operating Expenses is $2.7 billion, with a median of $2.8 billion in 2023.
  • Data for Fortinet's Operating Expenses shows a peak YoY increased of 27.88% (in 2021) over the last 5 years.
  • Fortinet's Operating Expenses (Yearly) stood at $1.5 billion in 2020, then grew by 27.88% to $1.9 billion in 2021, then climbed by 23.79% to $2.4 billion in 2022, then grew by 19.62% to $2.8 billion in 2023, then climbed by 5.95% to $3.0 billion in 2024.