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
DateValue
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