Fortinet (FTNT) Tax Provisions (2010 - 2026)

Fortinet's (FTNT) quarterly Tax Provisions came in at $122.0 million in Q1 2026, up 26.42% year-on-year from $96.5 million in Q1 2025, and down 15.75% quarter-over-quarter from $144.8 million in Q4 2025.

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

Fortinet's Tax Provisions history runs 17 years deep, the most recent figure standing at $122.0 million for Q1 2026.

  • On a quarterly basis, Tax Provisions rose 26.42% year-over-year to $122.0 million in Q1 2026; TTM through Mar 2026 was $464.6 million, a 36.29% increase from a year earlier, with the FY2025 full-year figure at $439.1 million, up 54.67% from the prior year.
  • Tax Provisions eased to $122.0 million in Q1 2026 per FTNT's latest filing, from $144.8 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $144.8 million in Q4 2025 and bottomed at -$8.1 million in Q1 2022.
  • The 5-year median for Tax Provisions is $76.5 million (2024), against an average of $60.0 million.
  • Across the five-year window, Tax Provisions slumped 166.39% in 2022 and surged 27166.67% in 2024, its largest moves.
  • Year by year, 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 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 7.56 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -14.25 Mn
3 Oracle 329.59 Bn 297.69 Bn - -555.00 Mn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 12.20 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 117.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -3.60 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 122.00 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 1.50 Mn
10 Synopsys 70.83 Bn 68.63 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