Fortinet (FTNT) Tax Provisions (2010 - 2026)
Fortinet (FTNT) posted Tax Provisions of $115.0 million for Q2 2026, down 5.74% on a QoQ basis from $122.0 million in Q1 2026, and up 49.16% year-over-year from $77.1 million in Q2 2025.
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Analysis
Fortinet (FTNT) Tax Provisions (2010 - 2026) Analysis & Trends
Fortinet has reported Tax Provisions for 17 years, with the latest figure at $115.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 49.16% year-over-year to $115.0 million in Q2 2026; TTM through Jun 2026 was $502.5 million, a 47.14% increase from a year earlier, with the FY2025 full-year figure at $439.1 million, up 54.67% from the prior year.
- Tax Provisions was $115.0 million for Q2 2026 at Fortinet, down from $122.0 million in the prior quarter.
- The five-year high for Tax Provisions was $144.8 million in Q4 2025, with the low at -$8.1 million in Q1 2022.
- Average Tax Provisions over 5 years is $63.0 million, with a median of $76.8 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 166.39% in 2022, then jumped 27166.67% in 2024.
- Over 5 years, Tax Provisions stood at $9.2 million in 2022, then jumped by 934.78% to $95.2 million in 2023, then decreased by 8.93% to $86.7 million in 2024, then surged by 67.01% to $144.8 million in 2025, then dropped by 20.58% to $115.0 million in 2026.
- The last three Tax Provisions figures came in at $115.0 million (Q2 2026), $122.0 million (Q1 2026), and $144.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 13.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | -1.40 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 115.00 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 3.43 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 7.20 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 3.26 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 5.01 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 10.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 147.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 115.00 Mn |
| 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 |
API Access
Fortinet Tax Provisions 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=tax-provisions&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();