Fortinet (FTNT) Other Working Capital Changes (2010 - 2026)
Fortinet (FTNT) posted Other Working Capital Changes of $63.3 million for Q2 2026, up 200.8% on a QoQ basis from -$62.8 million in Q1 2026, and up 78.31% year-over-year from $35.5 million in Q2 2025.
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Analysis
Fortinet (FTNT) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Fortinet has reported Other Working Capital Changes for 17 years, with the latest figure at $63.3 million in Q2 2026.
- On a quarterly basis, Other Working Capital Changes rose 78.31% year-over-year to $63.3 million in Q2 2026; TTM through Jun 2026 was $64.3 million, a 91.94% increase from a year earlier, with the FY2025 full-year figure at $95.9 million, up 600.0% from the prior year.
- Other Working Capital Changes was $63.3 million for Q2 2026 at Fortinet, up from -$62.8 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $466.1 million in Q4 2025, with the low at $54.8 million in Q1 2024.
- Average Other Working Capital Changes over 5 years is $231.4 million, with a median of $238.2 million recorded in 2023.
- The largest YoY upside for Other Working Capital Changes was 1075.76% in 2025 against a maximum downside of 3500.0% in 2025.
- Over 5 years, Other Working Capital Changes stood at $100000.0 in 2022, then tumbled by 1800.0% to -$1.7 million in 2023, then soared by 376.47% to $4.7 million in 2024, then soared by 572.34% to $31.6 million in 2025, then surged by 100.32% to $63.3 million in 2026.
- The last three Other Working Capital Changes figures came in at $63.3 million (Q2 2026), -$62.8 million (Q1 2026), and $31.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 324.20 Mn |
| Jun 30, 2026 | 324.20 Mn |
| 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 | 83.30 Mn |
| Sep 30, 2025 | 83.30 Mn |
| Jun 30, 2025 | 147.80 Mn |
| Jun 30, 2025 | 147.80 Mn |
| Mar 31, 2025 | 57.00 Mn |
| Mar 31, 2025 | 57.00 Mn |
| Dec 31, 2024 | 343.40 Mn |
| Dec 31, 2024 | 343.40 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 |
API Access
Fortinet Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();