What is Fortinet's net change in cash?

Fortinet (FTNT) reported net change in cash of -$271.5M in Q1 2026.

How has Fortinet's net change in cash changed year-over-year?

Fortinet's net change in cash decreased by 137.7% year-over-year, from $720.7M to -$271.5M.

What is the long-term trend for Fortinet's net change in cash?

Over 2 years (2022 to 2024), Fortinet's net change in cash has grown at a 101.6% compound annual growth rate (CAGR), from $363.8M to $1.48B.

What does net change in cash mean?

Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

Fortinet FTNT Net Change in Cash

Net Change in Cash at other companies

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-$376M—

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$243.98M+129%

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$45.86M-22.3%

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-$9.68M-164%

Palo Alto Networks, Inc.PANW

$1.09B—

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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

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 net change in cash?: Fortinet (FTNT) reported net change in cash of -$271.5M in Q1 2026.
How has Fortinet's net change in cash changed year-over-year?: Fortinet's net change in cash decreased by 137.7% year-over-year, from $720.7M to -$271.5M.
What is the long-term trend for Fortinet's net change in cash?: Over 2 years (2022 to 2024), Fortinet's net change in cash has grown at a 101.6% compound annual growth rate (CAGR), from $363.8M to $1.48B.
What does net change in cash mean?: Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.