Fortinet (FTNT) Tax Provisions (2010 - 2026)
Fortinet (FTNT) posted quarterly Tax Provisions of $115.0 million for Q2 2026, up 49.16% year-over-year from $77.1 million in Q2 2025, and down 5.74% quarter-over-quarter from $122.0 million in Q1 2026.
Fortinet (FTNT) Tax Provisions (2010 - 2026) Analysis & Trends
Fortinet's Tax Provisions history runs 17 years deep, the most recent figure standing at $115.0 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 49.16% year-over-year to $115.0 million; the TTM figure through Jun 2026 stood at $502.5 million (up 47.14% YoY), while the FY2025 annual figure was $439.1 million, up 54.67% from the prior year.
- Tax Provisions for Q2 2026 stood at $115.0 million, 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.
- The 5-year median for Tax Provisions is $76.8 million (2024), against an average of $63.0 million.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 166.39% in 2022, then surged 27166.67% in 2024.
- Fortinet's Tax Provisions stood at $9.2 million in 2022, then surged by 934.78% to $95.2 million in 2023, then fell by 8.93% to $86.7 million in 2024, then soared by 67.01% to $144.8 million in 2025, then decreased by 20.58% to $115.0 million in 2026.
- Business Quant data shows FTNT's Tax Provisions at $115.0 million in Q2 2026, $122.0 million in Q1 2026, and $144.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.94 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -555.00 Mn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 15.38 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 21.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 115.00 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 2.04 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 14.34 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 62.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 214.41 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 177.00 Mn |
Historic Data
Download 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 |