Fortinet (FTNT) Tax Provisions (2010 - 2026)

Fortinet (FTNT) posted Tax Provisions of $122.0 million for Q1 2026, down 15.75% on a QoQ basis from $144.8 million in Q4 2025, and up 26.42% year-on-year from $96.5 million in Q1 2025.

Fortinet (FTNT) Tax Provisions (2010 - 2026) Analysis & Trends

Fortinet has disclosed Tax Provisions across 17 years of filings, most recently posting $122.0 million for Q1 2026.

  • Tax Provisions for Q1 2026 came in at $122.0 million, up 26.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $464.6 million (up 36.29% YoY), and the FY2025 annual result was $439.1 million, up 54.67% from the prior year.
  • Tax Provisions came in at $122.0 million for Q1 2026 at Fortinet, down from $144.8 million in the prior quarter.
  • Over the last five years, Tax Provisions for FTNT reached as high as $144.8 million in Q4 2025 and fell as low as -$8.1 million in Q1 2022.
  • Median Tax Provisions over the past 5 years was $76.5 million (2024), compared with a mean of $60.0 million.
  • Year-over-year, Tax Provisions sank 166.39% in 2022 and jumped 27166.67% in 2024.
  • Over 5 years, Tax Provisions stood at $9.2 million in 2022, then soared by 934.78% to $95.2 million in 2023, then retreated by 8.93% to $86.7 million in 2024, then jumped by 67.01% to $144.8 million in 2025, then declined by 15.75% to $122.0 million in 2026.
  • Per Business Quant, the three latest FTNT Tax Provisions figures stand at $122.0 million (Q1 2026), $144.8 million (Q4 2025), and $120.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 7.56 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 12.20 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 117.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn -3.60 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 1.07 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 122.00 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 1.50 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 14.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 122.00 Mn
Dec 31, 2025 144.80 Mn
Sep 30, 2025 120.70 Mn
Jun 30, 2025 77.10 Mn
Mar 31, 2025 96.50 Mn
Dec 31, 2024 86.70 Mn
Sep 30, 2024 81.20 Mn
Jun 30, 2024 76.50 Mn
Mar 31, 2024 39.50 Mn
Dec 31, 2023 95.20 Mn
Sep 30, 2023 -300,000.00
Jun 30, 2023 27.60 Mn
Mar 31, 2023 21.30 Mn
Dec 31, 2022 9.20 Mn
Sep 30, 2022 27.30 Mn
Jun 30, 2022 2.40 Mn
Mar 31, 2022 -8.10 Mn
Dec 31, 2021 3.70 Mn
Sep 30, 2021 -9.30 Mn
Jun 30, 2021 7.50 Mn