Fortinet (FTNT) Receivables (2010 - 2026)
Fortinet (FTNT) posted Receivables of $1.5 billion for Q2 2026, down 2.06% on a QoQ basis from $1.5 billion in Q1 2026, and up 19.73% year-over-year from $1.2 billion in Q2 2025.
Analysis
Fortinet (FTNT) Receivables (2010 - 2026) Analysis & Trends
Fortinet has reported Receivables for 17 years, with the latest figure at $1.5 billion in Q2 2026.
- On a quarterly basis, Receivables rose 19.73% year-over-year to $1.5 billion in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 19.73% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 15.57% from the prior year.
- Receivables was $1.5 billion for Q2 2026 at Fortinet, down from $1.5 billion in the prior quarter.
- The five-year high for Receivables was $1.7 billion in Q4 2025, with the low at $790.4 million in Q1 2022.
- Average Receivables over 5 years is $1.2 billion, with a median of $1.1 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Receivables jumped 59.23% in 2022, then retreated 8.37% in 2024.
- Over 5 years, Receivables stood at $1.3 billion in 2022, then climbed by 11.12% to $1.4 billion in 2023, then rose by 4.38% to $1.5 billion in 2024, then climbed by 15.57% to $1.7 billion in 2025, then decreased by 13.93% to $1.5 billion in 2026.
- The last three Receivables figures came in at $1.5 billion (Q2 2026), $1.5 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 2.85 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 1.46 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 1.52 Bn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | 1.18 Bn |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 1.01 Bn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 275.41 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 378.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 491.30 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | 230.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.46 Bn |
| 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 |