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Fortinet (FTNT) Tax Rate (2016 - 2025)

Fortinet has reported Tax Rate over the past 16 years, most recently at 22.25% for Q4 2025.

  • Quarterly results put Tax Rate at 22.25% for Q4 2025, up 21155.0% from a year ago — trailing twelve months through Dec 2025 was 19.24% (down 112.0% YoY), and the annual figure for FY2025 was 19.24%, up 545.0%.
  • Tax Rate for Q4 2025 was 22.25% at Fortinet, up from 20.29% in the prior quarter.
  • Over the last five years, Tax Rate for FTNT hit a ceiling of 22.91% in Q4 2023 and a floor of 189.3% in Q4 2024.
  • Median Tax Rate over the past 5 years was 9.72% (2021), compared with a mean of 0.68%.
  • Biggest five-year swings in Tax Rate: crashed -21221bps in 2024 and later skyrocketed 21155bps in 2025.
  • Fortinet's Tax Rate stood at 1.78% in 2021, then skyrocketed by 40bps to 2.5% in 2022, then soared by 817bps to 22.91% in 2023, then tumbled by -926bps to 189.3% in 2024, then soared by 112bps to 22.25% in 2025.
  • The last three reported values for Tax Rate were 22.25% (Q4 2025), 20.29% (Q3 2025), and 14.9% (Q2 2025) per Business Quant data.