Fortinet Latin America — PROPERTY AND EQUIPMENT—NET decreased by 10.2% to $4.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 83.3%, from $2.40M to $4.40M. Over 4 years (FY 2021 to FY 2025), Latin America — PROPERTY AND EQUIPMENT—NET shows an upward trend with a 22.6% CAGR.
An increase suggests capital expansion or investment in regional operational capacity, while a decrease may indicate asset depreciation, divestment, or a shift toward a more asset-light service model in the region.
This metric represents the net book value of physical assets, such as office facilities, data center infrastructure, and...
Peers typically report regional property and equipment as part of their segment-level capital expenditure disclosures, often used to assess regional operational leverage and infrastructure investment intensity.
ftnt_segment_latin_america_property_and_equipment_net| 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 | $1.90M | $1.80M | $1.60M | $1.40M | $1.30M | $1.20M | $1.10M | $1.00M | $800.00K | $1.20M | $2.30M | $2.30M | $2.80M | $4.00M | $4.40M | $2.40M | $4.10M | $5.30M | $4.90M | $4.40M |
| QoQ Change | — | -5.3% | -11.1% | -12.5% | -7.1% | -7.7% | -8.3% | -9.1% | -20.0% | +50.0% | +91.7% | +0.0% | +21.7% | +42.9% | +10.0% | -45.5% | +70.8% | +29.3% | -7.5% | -10.2% |
| YoY Change | — | — | — | — | -31.6% | -33.3% | -31.3% | -28.6% | -38.5% | +0.0% | +109.1% | +130.0% | +250.0% | +233.3% | +91.3% | +4.3% | +46.4% | +32.5% | +11.4% | +83.3% |