Fortinet (FTNT) Research & Development: 2009-2025
Historic Research & Development for Fortinet (FTNT) over the last 16 years, with Sep 2025 value amounting to $202.4 million.
- Fortinet's Research & Development rose 8.06% to $202.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $801.6 million, marking a year-over-year increase of 18.20%. This contributed to the annual value of $716.8 million for FY2024, which is 16.78% up from last year.
- Latest data reveals that Fortinet reported Research & Development of $202.4 million as of Q3 2025, which was down 3.39% from $209.5 million recorded in Q2 2025.
- In the past 5 years, Fortinet's Research & Development ranged from a high of $209.5 million in Q2 2025 and a low of $97.2 million during Q1 2021.
- Moreover, its 3-year median value for Research & Development was $173.0 million (2024), whereas its average is $176.5 million.
- Data for Fortinet's Research & Development shows a peak YoY grew of 29.84% (in 2021) over the last 5 years.
- Quarterly analysis of 5 years shows Fortinet's Research & Development stood at $112.6 million in 2021, then increased by 14.48% to $128.9 million in 2022, then grew by 18.31% to $152.5 million in 2023, then increased by 25.31% to $191.1 million in 2024, then increased by 8.06% to $202.4 million in 2025.
- Its Research & Development was $202.4 million in Q3 2025, compared to $209.5 million in Q2 2025 and $198.6 million in Q1 2025.