What is Fortinet's taxes paid?

Fortinet (FTNT) reported taxes paid of $47M in Q1 2026.

How has Fortinet's taxes paid changed year-over-year?

Fortinet's taxes paid increased by 75.4% year-over-year, from $26.8M to $47M.

What does taxes paid mean?

Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.

Fortinet FTNT Taxes Paid

Taxes Paid at other companies

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$659M+13.0%

F5, Inc.FFIV

$51.43M+13.3%

Netscout SystemsNTCT

$11.73M+22.2%

Extreme NetworksEXTR

$1.02M-74.0%

Palo Alto Networks, Inc.PANW

$126.38M+47.7%

CrowdStrike Holdings, Inc.CRWD

$23.31M+36.9%

Other financials

Income statement

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Revenue$1.8B+20.1%

Gross profit$1.5B+19.1%

Operating income$580.0M+27.8%

Net income$534.5M+23.3%

EPS (diluted)$0.72+28.6%

Balance sheet

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Cash & equivalents$2.2B-38.2%

Total debt$567.2M-47.3%

Total equity$989.7M-49.6%

Total assets$9.9B-5.0%

Cash flow

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Operating cash flow$1.1B+24.8%

CapEx$70.6M+6.2%

Free cash flow$1.0B+26.3%

Valuation

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Market cap$106.44B+43.7%

Enterprise value$104.78B+46.4%

P/E54.5×+15.1×

P/S15×+2.9×

Profitability

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Gross margin80.3%-1.0pp

Operating margin31.1%-0.4pp

Net margin27.5%-3.1pp

FCF margin34.3%+0.6pp

Returns & leverage

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Return on equity132.4%—

Debt / equity0.6×0.0×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxesPaid.

The official record: Fortinet’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortinet's taxes paid?: Fortinet (FTNT) reported taxes paid of $47M in Q1 2026.
How has Fortinet's taxes paid changed year-over-year?: Fortinet's taxes paid increased by 75.4% year-over-year, from $26.8M to $47M.
What does taxes paid mean?: Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.