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| Date | Value |
|---|---|
| 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 |