Fortinet (FTNT) Share-based Compensation (2010 - 2026)

Fortinet's (FTNT) quarterly Share-based Compensation came in at $72.5 million in Q1 2026, up 37.05% year-on-year from $52.9 million in Q1 2025, and down 58.76% quarter-over-quarter from $175.8 million in Q4 2025.

Fortinet (FTNT) Share-based Compensation (2010 - 2026) Analysis & Trends

Fortinet's Share-based Compensation history runs 17 years deep, the most recent figure standing at $72.5 million for Q1 2026.

  • On a quarterly basis, Share-based Compensation rose 37.05% year-over-year to $72.5 million in Q1 2026; TTM through Mar 2026 was $402.4 million, a 108.93% increase from a year earlier, with the FY2025 full-year figure at $279.5 million, up 611.2% from the prior year.
  • Share-based Compensation slipped to $72.5 million in Q1 2026 per FTNT's latest filing, from $175.8 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $175.8 million in Q4 2025 and bottomed at -$73.1 million in Q4 2023.
  • The 5-year median for Share-based Compensation is $63.9 million (2024), against an average of $58.1 million.
  • Across the five-year window, Share-based Compensation plunged 233.64% in 2023 and soared 1675.76% in 2025, its largest moves.
  • Year by year, Share-based Compensation stood at $54.7 million in 2022, then plunged by 233.64% to -$73.1 million in 2023, then jumped by 113.54% to $9.9 million in 2024, then surged by 1675.76% to $175.8 million in 2025, then plunged by 58.76% to $72.5 million in 2026.
  • Per Business Quant, the three latest FTNT Share-based Compensation figures stand at $72.5 million (Q1 2026), $175.8 million (Q4 2025), and $71.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Microsoft 2,834.76 Bn 2,710.32 Bn 56.06 Bn 3.08 Bn
2 PagSeguro Digital 2,643.44 Bn 2,643.44 Bn 358.92 Mn 6.81 Mn
3 Oracle 345.72 Bn 314.37 Bn - 4.70 Bn
4 Repay Holdings 297.29 Bn 297.14 Bn - -
5 Palantir Technologies 295.33 Bn 287.41 Bn 1.42 Bn 201.59 Mn
6 Pagaya Technologies 249.07 Bn 249.08 Bn 140.38 Mn 7.20 Mn
7 Palo Alto Networks 228.92 Bn 224.38 Bn 1.91 Bn -261.00 Mn
8 CrowdStrike Holdings 183.84 Bn 180.79 Bn 993.68 Mn 1.09 Bn
9 Fortinet 111.23 Bn 107.94 Bn 1.49 Bn 72.50 Mn
10 Cloudflare 92.51 Bn 91.57 Bn 455.60 Mn 15.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 72.50 Mn
Mar 31, 2026 72.50 Mn
Dec 31, 2025 175.80 Mn
Dec 31, 2025 175.80 Mn
Sep 30, 2025 71.80 Mn
Sep 30, 2025 71.80 Mn
Jun 30, 2025 82.30 Mn
Jun 30, 2025 82.30 Mn
Mar 31, 2025 52.90 Mn
Mar 31, 2025 52.90 Mn
Dec 31, 2024 9.90 Mn
Dec 31, 2024 9.90 Mn
Sep 30, 2024 65.90 Mn
Sep 30, 2024 65.90 Mn
Jun 30, 2024 63.90 Mn
Jun 30, 2024 63.90 Mn
Mar 31, 2024 62.30 Mn
Mar 31, 2024 62.30 Mn
Dec 31, 2023 -73.10 Mn
Dec 31, 2023 -73.10 Mn