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Fortinet (FTNT) Tax Rate: 2009-2025

Historic Tax Rate for Fortinet (FTNT) over the last 13 years, with Sep 2025 value amounting to 20.29%.

  • Fortinet's Tax Rate rose 733.00% to 20.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 16.93%, marking a year-over-year increase of 118.00%. This contributed to the annual value of 13.79% for FY2024, which is 301.00% up from last year.
  • Fortinet's Tax Rate amounted to 20.29% in Q3 2025, which was up 36.15% from 14.90% recorded in Q2 2025.
  • Over the past 5 years, Fortinet's Tax Rate peaked at 22.91% during Q4 2023, and registered a low of 1.31% during Q2 2022.
  • For the 3-year period, Fortinet's Tax Rate averaged around 14.80%, with its median value being 14.46% (2025).
  • As far as peak fluctuations go, Fortinet's Tax Rate plummeted by 1,278bps in 2021, and later skyrocketed by 2,041bps in 2023.
  • Quarterly analysis of 5 years shows Fortinet's Tax Rate stood at 1.78% in 2021, then soared by 71bps to 2.50% in 2022, then soared by 2,041bps to 22.91% in 2023, then plummeted by 889bps to 14.02% in 2024, then spiked by 733bps to 20.29% in 2025.
  • Its Tax Rate stands at 20.29% for Q3 2025, versus 14.90% for Q2 2025 and 18.58% for Q1 2025.