Fortinet (FTNT) Research & Development (2010 - 2026)

Fortinet has disclosed Research & Development across 17 years of filings, most recently posting $214.0 million for Q1 2026.

• Research & Development for Q1 2026 came in at $214.0 million, up 7.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $830.9 million (up 11.92% YoY), and the FY2025 annual result was $815.5 million, up 13.77% from the prior year.
• Research & Development came in at $214.0 million for Q1 2026 at Fortinet, up from $205.0 million in the prior quarter.
• Over the last five years, Research & Development for FTNT reached as high as $214.0 million in Q1 2026 and fell as low as $124.3 million in Q2 2022.
• Median Research & Development over the past 5 years was $165.4 million (2024), compared with a mean of $169.0 million.
• Year-over-year, Research & Development climbed 28.5% in 2022 and climbed 7.27% in 2025.
• Over 5 years, Research & Development stood at $128.9 million in 2022, then rose by 18.31% to $152.5 million in 2023, then climbed by 25.31% to $191.1 million in 2024, then increased by 7.27% to $205.0 million in 2025, then increased by 4.39% to $214.0 million in 2026.
• Per Business Quant, the three latest FTNT Research & Development figures stand at $214.0 million (Q1 2026), $205.0 million (Q4 2025), and $202.4 million (Q3 2025).