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
DateValue
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