Operating Cash Flow
Fortinet Operating Cash Flow increased by 73.7% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.8%, from $863.30M to $1.08B. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows an upward trend with a 14.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Consistently high operating cash flow indicates a healthy, self-sustaining business capable of funding its own growth and returning capital to shareholders.
Detailed definition
Net cash from operating activities measures the total amount of cash generated by a company's core business operations....
Peer comparison
Investors often compare this to capital expenditures to calculate Free Cash Flow, a primary valuation metric for mature tech giants.
cf_net_cash_from_operatingHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $418.20M | $398.80M | $366.80M | $396.10M | $323.40M | $483.00M | $528.10M | $677.50M | $515.10M | $551.20M | $191.70M | $830.40M | $342.00M | $608.10M | $477.60M | $863.30M | $451.90M | $655.20M | $620.20M | $1.08B |
| QoQ Change | — | -4.6% | -8.0% | +8.0% | -18.4% | +49.4% | +9.3% | +28.3% | -24.0% | +7.0% | -65.2% | +333.2% | -58.8% | +77.8% | -21.5% | +80.8% | -47.7% | +45.0% | -5.3% | +73.7% |
| YoY Change | — | — | — | — | -22.7% | +21.1% | +44.0% | +71.0% | +59.3% | +14.1% | -63.7% | +22.6% | -33.6% | +10.3% | +149.1% | +4.0% | +32.1% | +7.7% | +29.9% | +24.8% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Fortinet's operating cash flow?
- Fortinet (FTNT) reported operating cash flow of $1.08B in Q1 2026.
- How has Fortinet's operating cash flow changed year-over-year?
- Fortinet's operating cash flow increased by 24.8% year-over-year, from $863.30M to $1.08B.
- What is the long-term trend for Fortinet's operating cash flow?
- Over 4 years (2021 to 2025), Fortinet's operating cash flow has grown at a 14.6% compound annual growth rate (CAGR), from $1.50B to $2.59B.
- What does operating cash flow mean?
- The actual amount of cash a company brings in from its day-to-day business activities.