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

Fortinet (FTNT) recorded quarterly Shares Outstanding (Weighted Average) of $738.8 million in Q1 2026, down 2.53% quarter-over-quarter from $758.0 million in Q4 2025, and down 3.84% on a YoY basis from $768.3 million in Q1 2025.

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

Fortinet's Shares Outstanding (Weighted Average) history runs 17 years deep, the most recent figure standing at $738.8 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Weighted Average) fell 3.84% year-over-year to $738.8 million; the TTM figure through Mar 2026 stood at $738.8 million (down 3.84% YoY), while the FY2025 annual figure was $758.0 million, down 0.84% from the prior year.
  • Shares Outstanding (Weighted Average) was $738.8 million for Q1 2026 at Fortinet, down from $758.0 million in the prior quarter.
  • In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $803.4 million in Q1 2022 to a low of $738.8 million in Q1 2026.
  • Historically, Shares Outstanding (Weighted Average) has averaged $773.6 million across 5 years, with a median of $768.3 million in 2025.
  • The sharpest annual moves came in 2022 and 2026: Shares Outstanding (Weighted Average) jumped 392.88% in 2022, then decreased 3.84% in 2026.
  • A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $791.4 million in 2022, then retreated by 1.62% to $778.6 million in 2023, then dropped by 1.82% to $764.4 million in 2024, then declined by 0.84% to $758.0 million in 2025, then decreased by 2.53% to $738.8 million in 2026.
  • The last three Shares Outstanding (Weighted Average) figures came in at $738.8 million (Q1 2026), $758.0 million (Q4 2025), and $755.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 7.43 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 115.64 Bn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 2.87 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 2.39 Bn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 695.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 250.58 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 738.80 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 189.59 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 352.63 Mn
10 CoreWeave 51.85 Bn 49.58 Bn 2.01 Bn 527.00 Mn

Historic Data

Download Data
DateValue
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 763.10 Mn
Mar 31, 2024 762.40 Mn
Dec 31, 2023 778.60 Mn
Sep 30, 2023 783.10 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 799.40 Mn
Mar 31, 2022 803.40 Mn
Dec 31, 2021 816.10 Mn
Sep 30, 2021 816.50 Mn
Jun 30, 2021 816.70 Mn