Fortinet (FTNT) Total Debt (2021 - 2026)

Fortinet's (FTNT) quarterly Total Debt came in at $496.8 million in Q1 2026, down 50.07% year-on-year from $994.9 million in Q1 2025, and down 50.14% quarter-over-quarter from $996.3 million in Q4 2025.

Fortinet (FTNT) Total Debt (2021 - 2026) Analysis & Trends

Fortinet's Total Debt history runs 6 years deep, the most recent figure standing at $496.8 million for Q1 2026.

  • On a quarterly basis, Total Debt fell 50.07% year-over-year to $496.8 million in Q1 2026; TTM through Mar 2026 was $496.8 million, a 50.07% decrease from a year earlier, with the FY2025 full-year figure at $996.3 million, changed 0.2% from the prior year.
  • Total Debt fell to $496.8 million in Q1 2026 per FTNT's latest filing, from $996.3 million in the prior quarter.
  • Across five years, Total Debt topped out at $996.3 million in Q4 2025 and bottomed at $496.8 million in Q1 2026.
  • The 5-year median for Total Debt is $992.3 million (2023), against an average of $963.4 million.
  • Across the five-year window, Total Debt gained 0.21% in 2025 and sank 50.07% in 2026, its largest moves.
  • Year by year, 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 Microsoft 2,834.76 Bn 2,710.32 Bn 56.06 Bn 40.26 Bn
2 PagSeguro Digital 2,643.44 Bn 2,643.44 Bn 358.92 Mn 439.29 Mn
3 Oracle 345.72 Bn 314.37 Bn - 122.34 Bn
4 Repay Holdings 297.29 Bn 297.14 Bn - 426.54 Mn
5 Palantir Technologies 295.33 Bn 287.41 Bn 1.42 Bn -
6 Pagaya Technologies 249.07 Bn 249.08 Bn 140.38 Mn 474.99 Mn
7 Palo Alto Networks 228.92 Bn 224.38 Bn 1.91 Bn -
8 CrowdStrike Holdings 183.84 Bn 180.79 Bn 993.68 Mn 745.47 Mn
9 Fortinet 111.23 Bn 107.94 Bn 1.49 Bn 496.80 Mn
10 Cloudflare 92.51 Bn 91.57 Bn 455.60 Mn 1.29 Bn

Historic Data

Download Data
DateValue
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