Deferred revenue, net of current portion
Fortinet Deferred revenue, net of current portion increased by 4.2% to $3.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.7%, from $3.08B to $3.63B. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows an upward trend with a 23.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong long-term bookings and future revenue growth, while a decrease may indicate a slowdown in long-term contract renewals.
Detailed definition
This represents the portion of deferred revenue that is expected to be recognized as revenue beyond the next twelve mont...
Peer comparison
Common in SaaS and software companies; peers typically show growth in this metric as they scale enterprise subscriptions.
non_current_liabilities_contract_with_customer_liability_a5d23aHistorical 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 | $1.37B | $1.49B | $1.68B | $1.76B | $1.92B | $2.06B | $2.29B | $2.42B | $2.54B | $2.64B | $2.89B | $2.88B | $2.92B | $2.93B | $3.08B | $3.08B | $3.16B | $3.19B | $3.48B | $3.63B |
| QoQ Change | — | +8.6% | +12.4% | +5.3% | +8.7% | +7.6% | +11.0% | +5.5% | +5.1% | +3.8% | +9.4% | -0.3% | +1.5% | +0.3% | +5.3% | -0.2% | +2.5% | +1.1% | +9.1% | +4.2% |
| YoY Change | — | — | — | — | +39.8% | +38.5% | +36.7% | +37.0% | +32.4% | +27.8% | +26.0% | +19.0% | +15.0% | +11.1% | +6.9% | +7.0% | +8.0% | +8.9% | +12.8% | +17.7% |
Deferred revenue, net of current portion at Other Companies
Frequently Asked Questions
- What is Fortinet's deferred revenue, net of current portion?
- Fortinet (FTNT) reported deferred revenue, net of current portion of $3.63B in Q1 2026.
- How has Fortinet's deferred revenue, net of current portion changed year-over-year?
- Fortinet's deferred revenue, net of current portion increased by 17.7% year-over-year, from $3.08B to $3.63B.
- What is the long-term trend for Fortinet's deferred revenue, net of current portion?
- Over 5 years (2020 to 2025), Fortinet's deferred revenue, net of current portion has grown at a 23.5% compound annual growth rate (CAGR), from $1.21B to $3.48B.
- What does deferred revenue, net of current portion mean?
- Revenue received in advance for services or products to be delivered more than one year in the future.