Fortinet (FTNT) Total Debt (2021 - 2026)
Fortinet (FTNT) posted Total Debt of $496.8 million for Q1 2026, down 50.14% on a QoQ basis from $996.3 million in Q4 2025, and down 50.07% year-on-year from $994.9 million in Q1 2025.
Fortinet (FTNT) Total Debt (2021 - 2026) Analysis & Trends
Fortinet has disclosed Total Debt across 6 years of filings, most recently posting $496.8 million for Q1 2026.
- Total Debt for Q1 2026 came in at $496.8 million, down 50.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $496.8 million (down 50.07% YoY), and the FY2025 annual result was $996.3 million, changed 0.2% from the prior year.
- Total Debt came in at $496.8 million for Q1 2026 at Fortinet, down from $996.3 million in the prior quarter.
- Over the last five years, Total Debt for FTNT reached as high as $996.3 million in Q4 2025 and fell as low as $496.8 million in Q1 2026.
- Median Total Debt over the past 5 years was $992.3 million (2023), compared with a mean of $963.4 million.
- Year-over-year, Total Debt rose 0.21% in 2025 and plunged 50.07% in 2026.
- Over 5 years, Total Debt stood at $990.4 million in 2022, then climbed by 0.19% to $992.3 million in 2023, then rose by 0.2% to $994.3 million in 2024, then climbed by 0.2% to $996.3 million in 2025, then tumbled by 50.14% to $496.8 million in 2026.
- Per Business Quant, the three latest FTNT Total Debt figures stand at $496.8 million (Q1 2026), $996.3 million (Q4 2025), and $995.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | 2.65 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 40.26 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | - |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | 1.63 Mn |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 745.47 Mn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 122.34 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 496.80 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | 1.29 Bn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 10.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 496.80 Mn |
| Dec 31, 2025 | 996.30 Mn |
| Sep 30, 2025 | 995.90 Mn |
| Jun 30, 2025 | 995.30 Mn |
| Mar 31, 2025 | 994.90 Mn |
| Dec 31, 2024 | 994.30 Mn |
| Sep 30, 2024 | 993.80 Mn |
| Jun 30, 2024 | 993.30 Mn |
| Mar 31, 2024 | 992.80 Mn |
| Dec 31, 2023 | 992.30 Mn |
| Sep 30, 2023 | 991.80 Mn |
| Jun 30, 2023 | 991.30 Mn |
| Mar 31, 2023 | 990.90 Mn |
| Dec 31, 2022 | 990.40 Mn |
| Sep 30, 2022 | 989.90 Mn |
| Jun 30, 2022 | 989.40 Mn |
| Mar 31, 2022 | 988.90 Mn |
| Dec 31, 2021 | 988.40 Mn |
| Sep 30, 2021 | 1.01 Bn |
| Jun 30, 2021 | 987.50 Mn |