Fortinet (FTNT) Other Working Capital Changes (2010 - 2026)
Fortinet's (FTNT) quarterly Other Working Capital Changes came in at $235.7 million in Q1 2026, up 313.51% year-on-year from $57.0 million in Q1 2025, and down 49.43% quarter-over-quarter from $466.1 million in Q4 2025.
Fortinet (FTNT) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Fortinet's Other Working Capital Changes history runs 11 years deep, the most recent figure standing at $235.7 million for Q1 2026.
- On a quarterly basis, Other Working Capital Changes rose 313.51% year-over-year to $235.7 million in Q1 2026; TTM through Mar 2026 was $932.9 million, a 60.84% increase from a year earlier, with the FY2025 full-year figure at $754.2 million, up 30.53% from the prior year.
- Other Working Capital Changes eased to $235.7 million in Q1 2026 per FTNT's latest filing, from $466.1 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $52.6 million in Q3 2025 and bottomed at -$48.1 million in Q4 2025.
- The 5-year median for Other Working Capital Changes is $1.4 million (2024), against an average of $1.5 million.
- Across the five-year window, Other Working Capital Changes tumbled 77.23% in 2024 and jumped 313.51% in 2026, its largest moves.
- Year by year, Other Working Capital Changes stood at $434.7 million in 2022, then climbed by 3.31% to $449.1 million in 2023, then declined by 23.54% to $343.4 million in 2024, then surged by 35.73% to $466.1 million in 2025, then tumbled by 49.43% to $235.7 million in 2026.
- Per Business Quant, the three latest FTNT Other Working Capital Changes figures stand at $235.7 million (Q1 2026), $466.1 million (Q4 2025), and $83.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.40 Mn |
| Mar 31, 2026 | 5.40 Mn |
| Mar 31, 2026 | 5.40 Mn |
| Dec 31, 2025 | -48.10 Mn |
| Dec 31, 2025 | -48.10 Mn |
| Dec 31, 2025 | -48.10 Mn |
| Sep 30, 2025 | 52.60 Mn |
| Sep 30, 2025 | 52.60 Mn |
| Sep 30, 2025 | 52.60 Mn |
| Jun 30, 2025 | 15.10 Mn |
| Jun 30, 2025 | 15.10 Mn |
| Jun 30, 2025 | 15.10 Mn |
| Mar 31, 2025 | -3.40 Mn |
| Mar 31, 2025 | -3.40 Mn |
| Mar 31, 2025 | -3.40 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Sep 30, 2024 | 1.40 Mn |
| Sep 30, 2024 | 1.40 Mn |