Fortinet (FTNT) Total Current Liabilities (2010 - 2026)
Fortinet (FTNT) reported Total Current Liabilities of $5.09 billion for Q3 2026, up 6.3% from $4.79 billion a year earlier and up 5.1% from the prior quarter.
Fortinet (FTNT) Total Current Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Fortinet posted Total Current Liabilities of $5.03 billion, up 24.0% from FY2024.
- Total Current Liabilities has increased for 15 consecutive years, with a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- By year, Total Current Liabilities came in at $4.06 billion in FY2024 (+9.2%), $3.72 billion in FY2023 (+20.8%), $3.08 billion in FY2022 (+32.8%) and $2.32 billion in FY2021 (+26.7%).
- The Q3 2026 figure ranks as the highest quarterly Total Current Liabilities in data going back to Q4 2010.
- Year over year, Total Current Liabilities gained in seven of the last eight quarters, with growth averaging 14.3%.
- The high point for year-over-year Total Current Liabilities in five years was Q1 2022 (growth of 33.6%); the low point was Q1 2026 (a decline of 2.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $4.84 billion (Q2 2026), $4.62 billion (Q1 2026) and $5.03 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 239.80 Bn | 224.87 Bn | 2.30 Bn | 9.92 Bn |
| 2 | CrowdStrike Holdings | 221.32 Bn | 201.72 Bn | 1.10 Bn | 4.43 Bn |
| 3 | Snowflake | 95.32 Bn | 82.64 Bn | 1.04 Bn | 3.72 Bn |
| 4 | Fortinet | 91.37 Bn | 75.63 Bn | 1.64 Bn | 5.09 Bn |
| 5 | Datadog | 62.68 Bn | 43.23 Bn | 959.92 Mn | 1.78 Bn |
| 6 | Axon Enterprise | 33.44 Bn | 27.96 Bn | 546.45 Mn | 1.40 Bn |
| 7 | Zscaler | 33.36 Bn | 19.52 Bn | 689.22 Mn | 2.96 Bn |
| 8 | Okta | 29.92 Bn | 20.01 Bn | 641.00 Mn | 2.03 Bn |
| 9 | MongoDB | 24.20 Bn | 14.66 Bn | 569.77 Mn | 642.37 Mn |
| 10 | Roku | 23.96 Bn | 13.98 Bn | 648.52 Mn | 1.46 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.09 Bn |
| Jun 30, 2026 | 4.84 Bn |
| Mar 31, 2026 | 4.62 Bn |
| Dec 31, 2025 | 5.03 Bn |
| Sep 30, 2025 | 4.79 Bn |
| Jun 30, 2025 | 4.78 Bn |
| Mar 31, 2025 | 4.73 Bn |
| Dec 31, 2024 | 4.06 Bn |
| Sep 30, 2024 | 3.88 Bn |
| Jun 30, 2024 | 3.73 Bn |
| Mar 31, 2024 | 3.80 Bn |
| Dec 31, 2023 | 3.72 Bn |
| Sep 30, 2023 | 3.65 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 3.26 Bn |
| Dec 31, 2022 | 3.08 Bn |
| Sep 30, 2022 | 2.78 Bn |
| Jun 30, 2022 | 2.63 Bn |
| Mar 31, 2022 | 2.51 Bn |
| Dec 31, 2021 | 2.32 Bn |
Fortinet Total Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-current-liabilities&ticker=FTNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-current-liabilities", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-current-liabilities&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();