Non-Current Assets

Intangible assets — net

Fortinet Intangible assets — net decreased by 10.6% to $87.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.2%, from $121.20M to $87.00M. Over 5 years (FY 2020 to FY 2025), Intangible assets — net shows an upward trend with a 25.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A declining balance indicates ongoing amortization, whereas a sudden drop may signal asset impairment.

Detailed definition

This represents the book value of intangible assets with finite useful lives after subtracting accumulated amortization...

Peer comparison

Standard reporting item for utilities and large corporations with significant software or franchise investments.

Metric ID: non_current_assets_finite_lived_intangible_assets_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$28.70M$71.00M$63.60M$55.10M$45.40M$38.80M$56.00M$51.10M$44.60M$39.60M$35.30M$34.10M$30.20M$111.60M$115.00M$121.20M$123.30M$110.20M$97.30M$87.00M
QoQ Change+147.4%-10.4%-13.4%-17.6%-14.5%+44.3%-8.8%-12.7%-11.2%-10.9%-3.4%-11.4%+269.5%+3.0%+5.4%+1.7%-10.6%-11.7%-10.6%
YoY Change+58.2%-45.4%-11.9%-7.3%-1.8%+2.1%-37.0%-33.3%-32.3%+181.8%+225.8%+255.4%+308.3%-1.3%-15.4%-28.2%
Range$28.70M$123.30M
CAGR+26.3%
Avg YoY Growth+51.1%
Median YoY Growth-4.5%
Current Streak3 quarters decline

Frequently Asked Questions

What is Fortinet's intangible assets — net?
Fortinet (FTNT) reported intangible assets — net of $87.00M in Q1 2026.
How has Fortinet's intangible assets — net changed year-over-year?
Fortinet's intangible assets — net decreased by 28.2% year-over-year, from $121.20M to $87.00M.
What is the long-term trend for Fortinet's intangible assets — net?
Over 5 years (2020 to 2025), Fortinet's intangible assets — net has grown at a 25.2% compound annual growth rate (CAGR), from $31.60M to $97.30M.
What does intangible assets — net mean?
The current book value of intangible assets with a limited useful life after accounting for wear and tear.