Fortinet (FTNT) Other Working Capital Changes (2010 - 2026)

Fortinet (FTNT) posted Other Working Capital Changes of $235.7 million for Q1 2026, down 49.43% on a QoQ basis from $466.1 million in Q4 2025, and up 7032.35% year-on-year from $3.3 million in Q1 2025.

Fortinet (FTNT) Other Working Capital Changes (2010 - 2026) Analysis & Trends

Fortinet has disclosed Other Working Capital Changes across 17 years of filings, most recently posting $235.7 million for Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $235.7 million, up 7032.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $993.3 million (up 2204.45% YoY), and the FY2025 annual result was $754.2 million, up 6756.36% from the prior year.
  • Other Working Capital Changes came in at $235.7 million for Q1 2026 at Fortinet, down from $466.1 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for FTNT reached as high as $726.1 million in Q3 2022 and fell as low as -$735.1 million in Q4 2022.
  • Median Other Working Capital Changes over the past 5 years was $54.8 million (2024), compared with a mean of $58.3 million.
  • On a YoY basis, Other Working Capital Changes climbed as much as 18517.95% in 2022 and fell as far as 36855.0% in 2022.
  • Over 5 years, Other Working Capital Changes stood at -$735.1 million in 2022, then grew by 9.69% to -$663.9 million in 2023, then soared by 66.35% to -$223.4 million in 2024, then jumped by 308.64% 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 $256.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 235.70 Mn
Mar 31, 2026 235.70 Mn
Dec 31, 2025 466.10 Mn
Dec 31, 2025 466.10 Mn
Sep 30, 2025 256.00 Mn
Sep 30, 2025 256.00 Mn
Jun 30, 2025 35.50 Mn
Jun 30, 2025 35.50 Mn
Mar 31, 2025 -3.40 Mn
Mar 31, 2025 -3.40 Mn
Dec 31, 2024 -223.40 Mn
Dec 31, 2024 -223.40 Mn
Sep 30, 2024 72.70 Mn
Sep 30, 2024 72.70 Mn
Jun 30, 2024 106.90 Mn
Jun 30, 2024 106.90 Mn
Mar 31, 2024 54.80 Mn
Mar 31, 2024 54.80 Mn
Dec 31, 2023 -663.90 Mn
Dec 31, 2023 -663.90 Mn