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