Fortinet (FTNT) Price to Sales (2011 - 2026)
Fortinet (FTNT) posted Price to Sales of 55.03 for Q2 2026, up 69.69% on a QoQ basis from 32.43 in Q1 2026, and up 10.82% year-over-year from 49.66 in Q2 2025.
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Analysis
Fortinet (FTNT) Price to Sales (2011 - 2026) Analysis & Trends
Fortinet has reported Price to Sales for 17 years, with the latest figure at 55.03 in Q2 2026.
- On a quarterly basis, Price to Sales rose 10.82% year-over-year to 55.03 in Q2 2026; TTM through Jun 2026 was 14.97, a 12.9% decrease from a year earlier, with the FY2025 full-year figure at 8.68, down 28.68% from the prior year.
- Price to Sales was 55.03 for Q2 2026 at Fortinet, up from 32.43 in the prior quarter.
- The five-year high for Price to Sales was 2330.1 in Q4 2024, with the low at 29.78 in Q4 2022.
- Average Price to Sales over 5 years is 167.17, with a median of 38.95 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Price to Sales soared 7302.85% in 2024, then tumbled 98.67% in 2025.
- Over 5 years, Price to Sales stood at 29.78 in 2022, then rose by 5.69% to 31.48 in 2023, then jumped by 7302.85% to 2330.1 in 2024, then sank by 98.67% to 30.97 in 2025, then jumped by 77.68% to 55.03 in 2026.
- The last three Price to Sales figures came in at 55.03 (Q2 2026), 32.43 (Q1 2026), and 30.97 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.97 |
| Mar 31, 2026 | 8.44 |
| Dec 31, 2025 | 8.68 |
| Sep 30, 2025 | 12.68 |
| Jun 30, 2025 | 17.19 |
| Mar 31, 2025 | 16.41 |
| Dec 31, 2024 | 16.75 |
| Sep 30, 2024 | 10.40 |
| Jun 30, 2024 | 8.32 |
| Mar 31, 2024 | 9.66 |
| Dec 31, 2023 | 8.40 |
| Sep 30, 2023 | 8.81 |
| Jun 30, 2023 | 11.91 |
| Mar 31, 2023 | 11.03 |
| Dec 31, 2022 | 8.65 |
| Sep 30, 2022 | 12.06 |
| Jun 30, 2022 | 15.40 |
| Mar 31, 2022 | 20.54 |
| Dec 31, 2021 | 24.03 |
| Sep 30, 2021 | 15.26 |
API Access
Fortinet Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();