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