Fortinet (FTNT) Shares Outstanding (2010 - 2026)
Fortinet (FTNT) posted Shares Outstanding (Entity) of $733.6 million for Q2 2026, little changed on a QoQ basis from $734.0 million in Q1 2026, and down 4.18% year-over-year from $765.6 million in Q2 2025.
Analysis
Fortinet (FTNT) Shares Outstanding (2010 - 2026) Analysis & Trends
Fortinet has reported Shares Outstanding (Entity) for 17 years, with the latest figure at $733.6 million in Q2 2026.
- On a quarterly basis, Shares Outstanding (Entity) fell 4.18% year-over-year to $733.6 million in Q2 2026; TTM through Jun 2026 was $733.6 million, a 4.18% decrease from a year earlier, with the FY2025 full-year figure at $743.0 million, down 3.13% from the prior year.
- Shares Outstanding (Entity) was $733.6 million for Q2 2026 at Fortinet, roughly flat from $734.0 million in the prior quarter.
- The five-year high for Shares Outstanding (Entity) was $801.5 million in Q1 2022, with the low at $733.6 million in Q2 2026.
- Average Shares Outstanding (Entity) over 5 years is $767.1 million, with a median of $766.3 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Entity) grew 0.79% in 2024, then declined 4.58% in 2026.
- Over 5 years, Shares Outstanding (Entity) stood at $781.5 million in 2022, then dropped by 2.62% to $761.0 million in 2023, then advanced by 0.79% to $767.0 million in 2024, then decreased by 3.13% to $743.0 million in 2025, then retreated by 1.27% to $733.6 million in 2026.
- The last three Shares Outstanding (Entity) figures came in at $733.6 million (Q2 2026), $734.0 million (Q1 2026), and $743.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 801.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 1.02 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 733.10 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 80.57 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | 160.22 Mn |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 56.73 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 206.10 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 599.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 107.26 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | 341.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 733.10 Mn |
| Mar 31, 2026 | 738.80 Mn |
| Dec 31, 2025 | 758.00 Mn |
| Sep 30, 2025 | 755.50 Mn |
| Jun 30, 2025 | 765.50 Mn |
| Mar 31, 2025 | 768.30 Mn |
| Dec 31, 2024 | 764.40 Mn |
| Sep 30, 2024 | 765.00 Mn |
| Jun 30, 2024 | 763.80 Mn |
| Mar 31, 2024 | 762.40 Mn |
| Dec 31, 2023 | 778.60 Mn |
| Sep 30, 2023 | 781.20 Mn |
| Jun 30, 2023 | 785.00 Mn |
| Mar 31, 2023 | 783.20 Mn |
| Dec 31, 2022 | 791.40 Mn |
| Sep 30, 2022 | 786.20 Mn |
| Jun 30, 2022 | 795.40 Mn |
| Mar 31, 2022 | 803.50 Mn |
| Dec 31, 2021 | 816.00 Mn |
| Sep 30, 2021 | 817.50 Mn |