Fortinet (FTNT) Payables (2010 - 2026)
Fortinet (FTNT) posted Payables of $238.7 million for Q1 2026, up 3.42% on a QoQ basis from $230.8 million in Q4 2025, and up 6.33% year-on-year from $224.5 million in Q1 2025.
Fortinet (FTNT) Payables (2010 - 2026) Analysis & Trends
Fortinet has disclosed Payables across 17 years of filings, most recently posting $238.7 million for Q1 2026.
- Payables for Q1 2026 came in at $238.7 million, up 6.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $238.7 million (up 6.33% YoY), and the FY2025 annual result was $230.8 million, up 20.9% from the prior year.
- Payables came in at $238.7 million for Q1 2026 at Fortinet, up from $230.8 million in the prior quarter.
- Over the last five years, Payables for FTNT reached as high as $253.9 million in Q3 2023 and fell as low as $132.1 million in Q2 2024.
- Median Payables over the past 5 years was $221.3 million (2025), compared with a mean of $209.3 million.
- Year-over-year, Payables sank 44.57% in 2024 and jumped 85.62% in 2025.
- Over 5 years, Payables 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.
- Per Business Quant, the three latest FTNT Payables figures stand at $238.7 million (Q1 2026), $230.8 million (Q4 2025), and $221.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | 6.51 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 37.51 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | 495.96 Mn |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | 23.57 Mn |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 262.00 Mn |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 105.32 Mn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 18.18 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 238.70 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 1.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |