Products & Services · Deferred revenue recognized in period
Service — Deferred revenue recognized in period
Fortinet Service — Deferred revenue recognized in period increased by 43.6% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $972.50M to $1.09B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026
How to read this metric
Consistent recognition of deferred revenue signals a stable and predictable revenue stream, while a slowdown in recognition may indicate a decline in the underlying contract backlog.
Detailed definition
This metric represents the portion of previously billed subscription or service contracts that is recognized as revenue...
Peer comparison
Comparable to 'Amortization of Deferred Revenue' or 'Recognized Subscription Revenue' at other subscription-based software companies.
Metric ID:
ftnt_segment_service_deferred_revenue_recognized_in_periodHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $371.20M | $309.20M | $507.30M | $457.60M | $401.90M | $675.90M | $609.80M | $514.30M | $851.10M | $764.30M | $660.30M | $972.50M | $876.80M | $759.20M | $1.09B |
| QoQ Change | — | -16.7% | +64.1% | -9.8% | -12.2% | +68.2% | -9.8% | -15.7% | +65.5% | -10.2% | -13.6% | +47.3% | -9.8% | -13.4% | +43.6% |
| YoY Change | — | — | — | +23.3% | +30.0% | +33.2% | +33.3% | +28.0% | +25.9% | +25.3% | +28.4% | +14.3% | +14.7% | +15.0% | +12.1% |
Range$309.20M – $1.09B
CAGR+36.0%
Avg YoY Growth+23.6%
Median YoY Growth+25.6%
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Frequently Asked Questions
- What is Fortinet's service — deferred revenue recognized in period?
- Fortinet (FTNT) reported service — deferred revenue recognized in period of $1.09B in Q1 2026.
- How has Fortinet's service — deferred revenue recognized in period changed year-over-year?
- Fortinet's service — deferred revenue recognized in period increased by 12.1% year-over-year, from $972.50M to $1.09B.
- What does service — deferred revenue recognized in period mean?
- The amount of revenue recognized during the period from previously collected subscription payments.