Fortinet (FTNT) Retained Earnings (2010 - 2026)
Fortinet (FTNT) recorded quarterly Retained Earnings of -$782.0 million in Q1 2026, down 53.97% quarter-over-quarter from -$507.9 million in Q4 2025, and down 347.23% on a YoY basis from $316.3 million in Q1 2025.
Fortinet (FTNT) Retained Earnings (2010 - 2026) Analysis & Trends
Fortinet's Retained Earnings history runs 17 years deep, the most recent figure standing at -$782.0 million for Q1 2026.
- In Q1 2026, Retained Earnings fell 347.23% year-over-year to -$782.0 million; the TTM figure through Mar 2026 stood at -$782.0 million (down 347.23% YoY), while the FY2025 annual figure was -$507.9 million, down 333.73% from the prior year.
- Retained Earnings was -$782.0 million for Q1 2026 at Fortinet, down from -$507.9 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $316.3 million in Q1 2025 to a low of -$1.9 billion in Q4 2023.
- Historically, Retained Earnings has averaged -$614.2 million across 5 years, with a median of -$117.1 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Retained Earnings sank 9116.34% in 2023, then jumped 120.24% in 2025.
- A 5-year view of Retained Earnings shows it stood at -$20.2 million in 2022, then tumbled by 9116.34% to -$1.9 billion in 2023, then jumped by 93.71% to -$117.1 million in 2024, then tumbled by 333.73% to -$507.9 million in 2025, then tumbled by 53.97% to -$782.0 million in 2026.
- The last three Retained Earnings figures came in at -$782.0 million (Q1 2026), -$507.9 million (Q4 2025), and -$21.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 302.53 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 12.73 Bn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | -7.09 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 601,000.00 |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 3.25 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | -1.28 Bn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | -782.00 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 10.38 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -1.23 Bn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -3.38 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -782.00 Mn |
| Dec 31, 2025 | -507.90 Mn |
| Sep 30, 2025 | -21.80 Mn |
| Jun 30, 2025 | -20.70 Mn |
| Mar 31, 2025 | 316.30 Mn |
| Dec 31, 2024 | -117.10 Mn |
| Sep 30, 2024 | -18.00 Mn |
| Jun 30, 2024 | -29.00 Mn |
| Mar 31, 2024 | -1.56 Bn |
| Dec 31, 2023 | -1.86 Bn |
| Sep 30, 2023 | -24.30 Mn |
| Jun 30, 2023 | -23.10 Mn |
| Mar 31, 2023 | -1.30 Bn |
| Dec 31, 2022 | -20.20 Mn |
| Sep 30, 2022 | -1.86 Bn |
| Jun 30, 2022 | -1.61 Bn |
| Mar 31, 2022 | -1.00 Bn |
| Dec 31, 2021 | -4.80 Mn |
| Sep 30, 2021 | -138.60 Mn |
| Jun 30, 2021 | -195.70 Mn |