Fortinet (FTNT) Property, Plant & Equipment (Net) (2010 - 2026)
Fortinet (FTNT) posted Property, Plant & Equipment (Net) of $1.7 billion for Q2 2026, up 10.0% from $1.54 billion a year earlier and up 0.5% from the prior quarter.
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Analysis
Fortinet (FTNT) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends
At the end of FY2025, Fortinet's Property, Plant & Equipment (Net) came in at $1.62 billion, up 20.0% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for 15 consecutive years, with a five-year compound annual growth rate of 29.3% (FY2020 to FY2025).
- In prior years, Fortinet's Property, Plant & Equipment (Net) was $1.35 billion in FY2024 (+29.2%), $1.04 billion in FY2023 (+16.2%), $898.5 million in FY2022 (+30.7%) and $687.6 million in FY2021 (+53.5%).
- The Q2 2026 figure stands as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2010.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last 57 quarters, with growth averaging 20.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Property, Plant & Equipment (Net) ran from 10.0% in Q2 2026 to 60.8% in Q2 2022.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $1.69 billion (Q1 2026), $1.62 billion (Q4 2025) and $1.61 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.64 Bn | 241.72 Bn | 2.30 Bn | 523.00 Mn |
| 2 | CrowdStrike Holdings | 232.35 Bn | 212.75 Bn | 1.10 Bn | 1.17 Bn |
| 3 | Fortinet | 123.26 Bn | 109.19 Bn | 1.64 Bn | 1.70 Bn |
| 4 | Snowflake | 108.15 Bn | 95.47 Bn | 1.04 Bn | 207.98 Mn |
| 5 | Datadog | 88.38 Bn | 70.02 Bn | 881.34 Mn | 409.63 Mn |
| 6 | Zscaler | 32.92 Bn | 19.04 Bn | - | 753.00 Mn |
| 7 | Okta | 32.82 Bn | 22.92 Bn | 641.00 Mn | 33.00 Mn |
| 8 | Axon Enterprise | 32.21 Bn | 26.73 Bn | 546.45 Mn | 341.51 Mn |
| 9 | MongoDB | 27.08 Bn | 17.55 Bn | 569.77 Mn | 38.99 Mn |
| 10 | F5 | 25.16 Bn | 19.57 Bn | 711.51 Mn | 197.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.62 Bn |
| Sep 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.54 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 981.90 Mn |
| Mar 31, 2023 | 917.40 Mn |
| Dec 31, 2022 | 898.50 Mn |
| Sep 30, 2022 | 889.50 Mn |
| Jun 30, 2022 | 814.60 Mn |
| Mar 31, 2022 | 786.50 Mn |
| Dec 31, 2021 | 687.60 Mn |
| Sep 30, 2021 | 556.60 Mn |
API Access
Fortinet Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();