Fortinet (FTNT) Receivables - Net (2010 - 2026)

Fortinet (FTNT) recorded quarterly Receivables - Net of $1.5 billion in Q1 2026, down 12.12% quarter-over-quarter from $1.7 billion in Q4 2025, and up 26.59% on a YoY basis from $1.2 billion in Q1 2025.

Fortinet (FTNT) Receivables - Net (2010 - 2026) Analysis & Trends

Fortinet's Receivables - Net history runs 17 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Receivables - Net rose 26.59% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $1.5 billion (up 26.59% YoY), while the FY2025 annual figure was $1.7 billion, up 15.57% from the prior year.
  • Receivables - Net was $1.5 billion for Q1 2026 at Fortinet, down from $1.7 billion in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $1.7 billion in Q4 2025 to a low of $790.4 million in Q1 2022.
  • Historically, Receivables - Net has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2023.
  • The sharpest annual moves came in 2022 and 2024: Receivables - Net soared 59.23% in 2022, then fell 8.37% in 2024.
  • A 5-year view of Receivables - Net shows it 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.
  • The last three Receivables - Net figures came in at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.49 Bn
Mar 31, 2026 1.49 Bn
Dec 31, 2025 1.69 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 1.17 Bn
Sep 30, 2025 1.17 Bn
Jun 30, 2025 1.22 Bn
Jun 30, 2025 1.22 Bn
Mar 31, 2025 1.17 Bn
Mar 31, 2025 1.17 Bn
Dec 31, 2024 1.46 Bn
Dec 31, 2024 1.46 Bn
Sep 30, 2024 1.04 Bn
Sep 30, 2024 1.04 Bn
Jun 30, 2024 1.08 Bn
Jun 30, 2024 1.08 Bn
Mar 31, 2024 996.20 Mn
Mar 31, 2024 996.20 Mn
Dec 31, 2023 1.40 Bn
Dec 31, 2023 1.40 Bn