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Fortinet (FTNT) Tax Rate (2016 - 2025)

Fortinet (FTNT) has 16 years of Tax Rate data on record, last reported at 22.25% in Q4 2025.

  • For Q4 2025, Tax Rate rose 823.0% year-over-year to 22.25%; the TTM value through Dec 2025 reached 19.24%, up 545.0%, while the annual FY2025 figure was 19.24%, 545.0% up from the prior year.
  • Tax Rate reached 22.25% in Q4 2025 per FTNT's latest filing, up from 20.29% in the prior quarter.
  • Across five years, Tax Rate topped out at 22.91% in Q4 2023 and bottomed at 5.93% in Q3 2021.
  • Average Tax Rate over 5 years is 9.48%, with a median of 10.27% recorded in 2022.
  • Peak YoY movement for Tax Rate: tumbled -1606bps in 2022, then surged 2041bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 1.78% in 2021, then soared by 40bps to 2.5% in 2022, then surged by 817bps to 22.91% in 2023, then plummeted by -39bps to 14.02% in 2024, then skyrocketed by 59bps to 22.25% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 22.25% in Q4 2025, 20.29% in Q3 2025, and 14.9% in Q2 2025.