Fortinet (FTNT) Shares Outstanding (Diluted Average) (2010 - 2026)

Fortinet (FTNT) posted Shares Outstanding (Diluted Average) of $742.8 million for Q1 2026, down 2.85% on a QoQ basis from $764.6 million in Q4 2025, and down 4.38% year-on-year from $776.8 million in Q1 2025.

Fortinet (FTNT) Shares Outstanding (Diluted Average) (2010 - 2026) Analysis & Trends

Fortinet has disclosed Shares Outstanding (Diluted Average) across 17 years of filings, most recently posting $742.8 million for Q1 2026.

  • Shares Outstanding (Diluted Average) for Q1 2026 came in at $742.8 million, down 4.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $742.8 million (down 4.38% YoY), and the FY2025 annual result was $764.6 million, down 0.95% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $742.8 million for Q1 2026 at Fortinet, down from $764.6 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for FTNT reached as high as $821.0 million in Q1 2022 and fell as low as $742.8 million in Q1 2026.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $776.8 million (2025), compared with a mean of $782.7 million.
  • Year-over-year, Shares Outstanding (Diluted Average) dropped 4.76% in 2022 and gained 0.82% in 2025.
  • Over 5 years, Shares Outstanding (Diluted Average) stood at $805.3 million in 2022, then fell by 2.12% to $788.2 million in 2023, then decreased by 2.07% to $771.9 million in 2024, then slipped by 0.95% to $764.6 million in 2025, then decreased by 2.85% to $742.8 million in 2026.
  • Per Business Quant, the three latest FTNT Shares Outstanding (Diluted Average) figures stand at $742.8 million (Q1 2026), $764.6 million (Q4 2025), and $761.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 24.51 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 7.45 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 2.57 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - 233.52 Bn
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 711.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 250.58 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn -
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 742.80 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 352.63 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 190.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 742.80 Mn
Dec 31, 2025 764.60 Mn
Sep 30, 2025 761.20 Mn
Jun 30, 2025 772.70 Mn
Mar 31, 2025 776.80 Mn
Dec 31, 2024 771.90 Mn
Sep 30, 2024 771.90 Mn
Jun 30, 2024 769.90 Mn
Mar 31, 2024 770.50 Mn
Dec 31, 2023 788.20 Mn
Sep 30, 2023 791.20 Mn
Jun 30, 2023 795.90 Mn
Mar 31, 2023 793.40 Mn
Dec 31, 2022 805.30 Mn
Sep 30, 2022 798.60 Mn
Jun 30, 2022 810.10 Mn
Mar 31, 2022 821.00 Mn
Dec 31, 2021 835.50 Mn
Sep 30, 2021 838.50 Mn
Jun 30, 2021 835.50 Mn