Fortinet (FTNT) Payables (2010 - 2026)
Fortinet's (FTNT) quarterly Payables came in at $238.7 million in Q1 2026, up 6.33% year-on-year from $224.5 million in Q1 2025, and up 3.42% quarter-over-quarter from $230.8 million in Q4 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.
- On a quarterly basis, Payables rose 6.33% year-over-year to $238.7 million in Q1 2026; TTM through Mar 2026 was $238.7 million, a 6.33% increase from a year earlier, with the FY2025 full-year figure at $230.8 million, up 20.9% from the prior year.
- Payables improved to $238.7 million in Q1 2026 per FTNT's latest filing, from $230.8 million in the prior quarter.
- Across five years, Payables topped out at $253.9 million in Q3 2023 and bottomed at $132.1 million in Q2 2024.
- The 5-year median for Payables is $221.3 million (2025), against an average of $209.3 million.
- Across the five-year window, Payables slumped 44.57% in 2024 and surged 85.62% in 2025, its largest moves.
- Year by year, 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 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 38.14 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 259.16 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 18.18 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 25.18 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 495.96 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 262.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 105.32 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 238.70 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 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 |