Fortinet (FTNT) Shares Issued (2010 - 2026)
Fortinet (FTNT) posted quarterly Shares Issued of $17.6 million for Q1 2026, down 12.87% year-over-year from $20.2 million in Q1 2025, and up 147.89% on a QoQ basis from $7.1 million in Q4 2025.
Fortinet (FTNT) Shares Issued (2010 - 2026) Analysis & Trends
Fortinet (FTNT) has reported Shares Issued for 17 consecutive years, with $17.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Shares Issued fell 12.87% year-over-year to $17.6 million; the TTM figure through Mar 2026 stood at $42.1 million (down 39.77% YoY), while the FY2025 annual figure was $44.7 million, down 29.16% from the prior year.
- Shares Issued came in at $17.6 million for Q1 2026 at Fortinet, up from $7.1 million in the prior quarter.
- The five-year high for Shares Issued was $23.4 million in Q4 2024, with the low at $4.4 million in Q4 2022.
- Average Shares Issued over 5 years is $11.5 million, with a median of $8.1 million recorded in 2023.
- Across the five-year window, Shares Issued surged 200.0% in 2024 and tumbled 69.66% in 2025, its largest moves.
- Year by year, Shares Issued stood at $4.4 million in 2022, then jumped by 77.27% to $7.8 million in 2023, then soared by 200.0% to $23.4 million in 2024, then sank by 69.66% to $7.1 million in 2025, then jumped by 147.89% to $17.6 million in 2026.
- According to Business Quant data, Shares Issued over the past three periods registered $17.6 million, $7.1 million, and $6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 541.00 Mn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 132.00 Mn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 4.90 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 8.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 535,000.00 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 17.60 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 5.70 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 12.74 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 618,000.00 |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | 1.99 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.60 Mn |
| Mar 31, 2026 | 17.60 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Sep 30, 2025 | 6.30 Mn |
| Sep 30, 2025 | 6.30 Mn |
| Jun 30, 2025 | 11.10 Mn |
| Jun 30, 2025 | 11.10 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 20.10 Mn |
| Sep 30, 2024 | 20.10 Mn |
| Jun 30, 2024 | 6.20 Mn |
| Jun 30, 2024 | 6.20 Mn |
| Mar 31, 2024 | 13.40 Mn |
| Mar 31, 2024 | 13.40 Mn |
| Dec 31, 2023 | 7.80 Mn |
| Dec 31, 2023 | 7.80 Mn |