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Fortinet FTNT Amortization of costs capitalized to obtain revenue contracts, net

Amortization of costs capitalized to obtain revenue contracts, net at other companies

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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:CapitalizedContractCostAmortization.

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 amortization of costs capitalized to obtain revenue contracts, net?
Fortinet (FTNT) reported amortization of costs capitalized to obtain revenue contracts, net of $94.2M in Q1 2026.
How has Fortinet's amortization of costs capitalized to obtain revenue contracts, net changed year-over-year?
Fortinet's amortization of costs capitalized to obtain revenue contracts, net increased by 20.8% year-over-year, from $78M to $94.2M.
What is the long-term trend for Fortinet's amortization of costs capitalized to obtain revenue contracts, net?
Over 4 years (2021 to 2025), Fortinet's amortization of costs capitalized to obtain revenue contracts, net has grown at a 17.6% compound annual growth rate (CAGR), from $175.9M to $336.3M.
What does amortization of costs capitalized to obtain revenue contracts, net mean?
This reflects the systematic expensing of costs incurred to obtain customer contracts, such as sales commissions, which were initially capitalized on the balance sheet. It represents the non-cash allocation of these acquisition costs over the expected benefit period of the contract.