Fortinet (FTNT) Payables (2010 - 2026)

Fortinet (FTNT) recorded quarterly Payables of $238.7 million in Q1 2026, up 3.42% quarter-over-quarter from $230.8 million in Q4 2025, and up 6.33% on a YoY basis from $224.5 million in Q1 2025.

Fortinet (FTNT) Payables (2010 - 2026) Analysis & Trends

Fortinet's Payables history runs 17 years deep, the most recent figure standing at $238.7 million for Q1 2026.

  • In Q1 2026, Payables rose 6.33% year-over-year to $238.7 million; the TTM figure through Mar 2026 stood at $238.7 million (up 6.33% YoY), while the FY2025 annual figure was $230.8 million, up 20.9% from the prior year.
  • Payables was $238.7 million for Q1 2026 at Fortinet, up from $230.8 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $253.9 million in Q3 2023 to a low of $132.1 million in Q2 2024.
  • Historically, Payables has averaged $209.3 million across 5 years, with a median of $221.3 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Payables slumped 44.57% in 2024, then soared 85.62% in 2025.
  • A 5-year view of Payables shows it stood at $243.4 million in 2022, then retreated by 16.06% to $204.3 million in 2023, then declined by 6.56% to $190.9 million in 2024, then advanced by 20.9% to $230.8 million in 2025, then increased by 3.42% to $238.7 million in 2026.
  • The last three Payables figures came in at $238.7 million (Q1 2026), $230.8 million (Q4 2025), and $221.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 37.51 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 19.36 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 495.96 Mn
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 262.00 Mn
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 105.32 Mn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 238.70 Mn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 1.30 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 58.84 Mn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 3.37 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 238.70 Mn
Dec 31, 2025 230.80 Mn
Sep 30, 2025 221.30 Mn
Jun 30, 2025 245.20 Mn
Mar 31, 2025 224.50 Mn
Dec 31, 2024 190.90 Mn
Sep 30, 2024 177.90 Mn
Jun 30, 2024 132.10 Mn
Mar 31, 2024 135.20 Mn
Dec 31, 2023 204.30 Mn
Sep 30, 2023 253.90 Mn
Jun 30, 2023 238.30 Mn
Mar 31, 2023 238.40 Mn
Dec 31, 2022 243.40 Mn
Sep 30, 2022 215.10 Mn
Jun 30, 2022 193.10 Mn
Mar 31, 2022 174.70 Mn
Dec 31, 2021 148.40 Mn
Sep 30, 2021 142.30 Mn
Jun 30, 2021 132.00 Mn