Fortinet (FTNT) Payables (2010 - 2026)
Fortinet (FTNT) posted quarterly Payables of $282.5 million for Q2 2026, up 15.21% year-over-year from $245.2 million in Q2 2025, and up 18.35% quarter-over-quarter from $238.7 million in Q1 2026.
Fortinet (FTNT) Payables (2010 - 2026) Analysis & Trends
Fortinet's Payables history runs 17 years deep, the most recent figure standing at $282.5 million for Q2 2026.
- In Q2 2026, Payables rose 15.21% year-over-year to $282.5 million; the TTM figure through Jun 2026 stood at $282.5 million (up 15.21% YoY), while the FY2025 annual figure was $230.8 million, up 20.9% from the prior year.
- Payables for Q2 2026 stood at $282.5 million, up from $238.7 million in the prior quarter.
- The five-year high for Payables was $282.5 million in Q2 2026, with the low at $132.1 million in Q2 2024.
- The 5-year median for Payables is $222.9 million (2025), against an average of $213.4 million.
- The sharpest annual moves came in 2024 and 2025: Payables sank 44.57% in 2024, then surged 85.62% in 2025.
- Fortinet's Payables stood at $243.4 million in 2022, then fell by 16.06% to $204.3 million in 2023, then dropped by 6.56% to $190.9 million in 2024, then gained by 20.9% to $230.8 million in 2025, then increased by 22.4% to $282.5 million in 2026.
- Business Quant data shows FTNT's Payables at $282.5 million in Q2 2026, $238.7 million in Q1 2026, and $230.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 42.80 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 18.18 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 504.07 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 293.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 282.50 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 127.03 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.30 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 3.63 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 550.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 282.50 Mn |
| 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 |