Interest Expense
Fortinet Interest Expense decreased by 4.5% to $4.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $4.90M to $4.20M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 7.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
is_interest_expenseHistorical Data
| 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 | $4.50M | $4.60M | $4.50M | $4.50M | $4.50M | $4.50M | $4.50M | $5.00M | $5.20M | $5.40M | $5.40M | $5.10M | $5.00M | $5.00M | $4.90M | $4.90M | $4.60M | $6.20M | $4.40M | $4.20M |
| QoQ Change | — | +2.2% | -2.2% | +0.0% | +0.0% | +0.0% | +0.0% | +11.1% | +4.0% | +3.8% | +0.0% | -5.6% | -2.0% | +0.0% | -2.0% | +0.0% | -6.1% | +34.8% | -29.0% | -4.5% |
| YoY Change | — | — | — | — | +0.0% | -2.2% | +0.0% | +11.1% | +15.6% | +20.0% | +20.0% | +2.0% | -3.8% | -7.4% | -9.3% | -3.9% | -8.0% | +24.0% | -10.2% | -14.3% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Reportable Segment | $5.10M | $5.00M | $5.00M | $4.90M | $4.90M | $4.60M | $6.20M | $4.40M |
| Total | $5.10M | $5.00M | $5.00M | $4.90M | $4.90M | $4.60M | $6.20M | $4.40M |
Reportable Segment was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Interest Expense at Other Companies
Frequently Asked Questions
- What is Fortinet's interest expense?
- Fortinet (FTNT) reported interest expense of $4.20M in Q1 2026.
- How has Fortinet's interest expense changed year-over-year?
- Fortinet's interest expense decreased by 14.3% year-over-year, from $4.90M to $4.20M.
- What is the long-term trend for Fortinet's interest expense?
- Over 4 years (2021 to 2025), Fortinet's interest expense has grown at a 7.8% compound annual growth rate (CAGR), from $14.90M to $20.10M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.