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
DateValue
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