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| Date | Value |
|---|---|
| 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 |