Fortinet (FTNT) Short-term Investments (2010 - 2026)
Fortinet (FTNT) reported Short-term Investments of $1.05 billion for Q3 2026, down 7.0% from $1.13 billion a year earlier and down 7.6% from the prior quarter.
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Analysis
Fortinet (FTNT) Short-term Investments (2010 - 2026) Analysis & Trends
At the end of FY2025, Fortinet posted Short-term Investments of $1.09 billion, down 8.7% from FY2024.
- Short-term Investments has a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- By year, Short-term Investments came in at $1.19 billion in FY2024 (+16.6%), $1.02 billion in FY2023 (+103.2%), $502.6 million in FY2022 (-57.9%) and $1.19 billion in FY2021 (+54.0%).
- The Q3 2026 figure ranks as the lowest quarterly Short-term Investments since Q4 2023.
- Year over year, Short-term Investments has now declined in each of the last five quarters, with growth averaging 0.1% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was Q4 2023 (growth of 103.2%); the low point was Q4 2022 (a decline of 57.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.13 billion (Q2 2026), $1.07 billion (Q1 2026) and $1.09 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 237.25 Bn | 222.32 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 221.49 Bn | 201.89 Bn | 1.10 Bn |
| 3 | Snowflake | 96.25 Bn | 83.57 Bn | 1.04 Bn |
| 4 | Fortinet | 89.94 Bn | 74.20 Bn | 1.64 Bn |
| 5 | Datadog | 63.49 Bn | 44.03 Bn | 959.92 Mn |
| 6 | Zscaler | 32.65 Bn | 18.81 Bn | 689.22 Mn |
| 7 | Axon Enterprise | 30.56 Bn | 25.08 Bn | 546.45 Mn |
| 8 | Okta | 29.96 Bn | 20.05 Bn | 641.00 Mn |
| 9 | MongoDB | 24.61 Bn | 15.08 Bn | 569.77 Mn |
| 10 | Roku | 23.94 Bn | 13.97 Bn | 648.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.05 Bn |
| Jun 30, 2026 | 1.13 Bn |
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.18 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 1.11 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 962.20 Mn |
| Jun 30, 2023 | 915.10 Mn |
| Mar 31, 2023 | 548.80 Mn |
| Dec 31, 2022 | 502.60 Mn |
| Sep 30, 2022 | 739.50 Mn |
| Jun 30, 2022 | 1.02 Bn |
| Mar 31, 2022 | 1.19 Bn |
| Dec 31, 2021 | 1.19 Bn |
API Access
Fortinet Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();