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Fortinet (FTNT) Tax Rate (2016 - 2026)

Fortinet's Tax Rate history spans 17 years, with the latest figure at 18.58% for Q1 2026.

  • Quarterly Tax Rate changed 0.0% to 18.58% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 19.2% through Mar 2026, down 254.0% year-over-year, with the annual reading at 19.24% for FY2025, 545.0% up from the prior year.
  • Tax Rate came in at 18.58% for Q1 2026, down from 22.25% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 22.91% in Q4 2023 to a low of 189.3% in Q4 2024.
  • The 5-year median for Tax Rate is 11.44% (2024), against an average of 0.37%.
  • Year-over-year, Tax Rate crashed -21221bps in 2024 and then skyrocketed 21155bps in 2025.
  • Fortinet's Tax Rate stood at 2.5% in 2022, then skyrocketed by 817bps to 22.91% in 2023, then crashed by -926bps to 189.3% in 2024, then skyrocketed by 112bps to 22.25% in 2025, then fell by -16bps to 18.58% in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Tax Rate are 18.58% (Q1 2026), 22.25% (Q4 2025), and 20.29% (Q3 2025).