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Fortinet FTNT Accrued expenses and other liabilities

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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:IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities.

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 accrued expenses and other liabilities?
Fortinet (FTNT) reported accrued expenses and other liabilities of -$600K in Q1 2026.
How has Fortinet's accrued expenses and other liabilities changed year-over-year?
Fortinet's accrued expenses and other liabilities decreased by 111.3% year-over-year, from $5.3M to -$600K.
What does accrued expenses and other liabilities mean?
This metric aggregates changes in various accrued expense categories and other short-term liabilities. It represents the net impact of timing differences between recognizing an expense and the actual cash payment. It is used to reconcile net income to cash flow from operations.