Fortinet (FTNT) Receivables (2010 - 2026)
Fortinet's (FTNT) quarterly Receivables came in at $1.5 billion in Q1 2026, up 26.59% year-on-year from $1.2 billion in Q1 2025, and down 12.12% quarter-over-quarter from $1.7 billion in Q4 2025.
Fortinet (FTNT) Receivables (2010 - 2026) Analysis & Trends
Fortinet's Receivables history runs 17 years deep, the most recent figure standing at $1.5 billion for Q1 2026.
- On a quarterly basis, Receivables rose 26.59% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 26.59% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 15.57% from the prior year.
- Receivables retreated to $1.5 billion in Q1 2026 per FTNT's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Receivables topped out at $1.7 billion in Q4 2025 and bottomed at $790.4 million in Q1 2022.
- The 5-year median for Receivables is $1.1 billion (2023), against an average of $1.2 billion.
- Across the five-year window, Receivables surged 59.23% in 2022 and decreased 8.37% in 2024, its largest moves.
- Year by year, Receivables stood at $1.3 billion in 2022, then advanced by 11.12% to $1.4 billion in 2023, then increased by 4.38% to $1.5 billion in 2024, then advanced by 15.57% to $1.7 billion in 2025, then retreated by 12.12% to $1.5 billion in 2026.
- Per Business Quant, the three latest FTNT Receivables figures stand at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,834.76 Bn | 2,710.32 Bn | 56.06 Bn | 60.04 Bn |
| 2 | PagSeguro Digital | 2,643.44 Bn | 2,643.44 Bn | 358.92 Mn | - |
| 3 | Oracle | 345.72 Bn | 314.37 Bn | - | 10.39 Bn |
| 4 | Repay Holdings | 297.29 Bn | 297.14 Bn | - | 36.37 Mn |
| 5 | Palantir Technologies | 295.33 Bn | 287.41 Bn | 1.42 Bn | 1.40 Bn |
| 6 | Pagaya Technologies | 249.07 Bn | 249.08 Bn | 140.38 Mn | 188.14 Mn |
| 7 | Palo Alto Networks | 228.92 Bn | 224.38 Bn | 1.91 Bn | 2.12 Bn |
| 8 | CrowdStrike Holdings | 183.84 Bn | 180.79 Bn | 993.68 Mn | 1.36 Bn |
| 9 | Fortinet | 111.23 Bn | 107.94 Bn | 1.49 Bn | 1.49 Bn |
| 10 | Cloudflare | 92.51 Bn | 91.57 Bn | 455.60 Mn | 403.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.49 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 1.17 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 996.20 Mn |
| Dec 31, 2023 | 1.40 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 1.09 Bn |
| Dec 31, 2022 | 1.26 Bn |
| Sep 30, 2022 | 963.20 Mn |
| Jun 30, 2022 | 919.50 Mn |
| Mar 31, 2022 | 790.40 Mn |
| Dec 31, 2021 | 807.70 Mn |
| Sep 30, 2021 | 604.90 Mn |
| Jun 30, 2021 | 584.60 Mn |