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
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