Fortinet Stock-Based Comp remained flat by 0.0% to $72.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $66.10M to $72.50M. Over 4 years (FY 2021 to FY 2025), Stock-Based Comp shows an upward trend with a 7.7% CAGR.
An increase may signal a strategy to preserve cash or align employee interests with shareholders, but it also results in share dilution.
Stock-based compensation is a non-cash expense where employees and executives are rewarded with equity or stock options...
High-growth technology firms often have higher stock-based compensation as a percentage of revenue compared to mature industrial firms.
cf_stock_based_compensation| 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 | $52.60M | $52.70M | $53.10M | $53.20M | $54.70M | $54.70M | $54.70M | $56.30M | $65.00M | $64.30M | $63.40M | $62.30M | $63.90M | $65.90M | $65.80M | $66.10M | $69.10M | $71.80M | $72.50M | $72.50M |
| QoQ Change | — | +0.2% | +0.8% | +0.2% | +2.8% | +0.0% | +0.0% | +2.9% | +15.5% | -1.1% | -1.4% | -1.7% | +2.6% | +3.1% | -0.2% | +0.5% | +4.5% | +3.9% | +1.0% | +0.0% |
| YoY Change | — | — | — | — | +4.0% | +3.8% | +3.0% | +5.8% | +18.8% | +17.6% | +15.9% | +10.7% | -1.7% | +2.5% | +3.8% | +6.1% | +8.1% | +9.0% | +10.2% | +9.7% |