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 | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 7.43 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 115.64 Bn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 2.87 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 2.39 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 695.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 250.58 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 738.80 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 189.59 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 352.63 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 527.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |