Current Assets
Inventories
Fortinet Inventories decreased by 7.5% to $369.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $362.70M to $369.60M. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 23.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
Detailed definition
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Peer comparison
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
Metric ID:
inventoriesHistorical Data
20 periods
| 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 | $149.80M | $177.90M | $175.80M | $184.60M | $195.20M | $215.80M | $264.60M | $302.70M | $376.30M | $467.50M | $484.80M | $439.50M | $383.20M | $354.30M | $315.50M | $362.70M | $405.20M | $426.60M | $399.50M | $369.60M |
| QoQ Change | — | +18.8% | -1.2% | +5.0% | +5.7% | +10.6% | +22.6% | +14.4% | +24.3% | +24.2% | +3.7% | -9.3% | -12.8% | -7.5% | -11.0% | +15.0% | +11.7% | +5.3% | -6.4% | -7.5% |
| YoY Change | — | — | — | — | +30.3% | +21.3% | +50.5% | +64.0% | +92.8% | +116.6% | +83.2% | +45.2% | +1.8% | -24.2% | -34.9% | -17.5% | +5.7% | +20.4% | +26.6% | +1.9% |
Range$149.80M – $484.80M
CAGR+20.9%
Avg YoY Growth+30.2%
Median YoY Growth+24.0%
Current Streak2 quarters decline
Inventories at Other Companies
Frequently Asked Questions
- What is Fortinet's inventories?
- Fortinet (FTNT) reported inventories of $369.60M in Q1 2026.
- How has Fortinet's inventories changed year-over-year?
- Fortinet's inventories increased by 1.9% year-over-year, from $362.70M to $369.60M.
- What is the long-term trend for Fortinet's inventories?
- Over 5 years (2020 to 2025), Fortinet's inventories has grown at a 23.4% compound annual growth rate (CAGR), from $139.80M to $399.50M.
- What does inventories mean?
- The value of products currently being manufactured or held in stock ready to be sold.