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Fortinet FTNT Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

Netscout SystemsNTCT

-$1.47M-116%

Extreme NetworksEXTR

$12.76M+23.2%

Ubiquiti Inc.UI

$20.46M+289%

A10 NetworksATEN

$3.65M+26.2%

Palo Alto Networks, Inc.PANW

——

CrowdStrike Holdings, Inc.CRWD

——

Other financials

Income statement

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

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

Operating cash flow$1.1B+24.8%

CapEx$70.6M+6.2%

Free cash flow$1.0B+26.3%

Valuation

Market cap$106.44B+43.7%

Enterprise value$104.78B+46.4%

P/E54.5×+15.1×

P/S15×+2.9×

Profitability

Gross margin80.3%-1.0pp

Operating margin31.1%-0.4pp

Net margin27.5%-3.1pp

FCF margin34.3%+0.6pp

Returns & leverage

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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?: Fortinet (FTNT) reported increase (decrease) in prepaid expense and other assets of -$62.8M in Q1 2026.
How has Fortinet's increase (decrease) in prepaid expense and other assets changed year-over-year?: Fortinet's increase (decrease) in prepaid expense and other assets decreased by 1747.1% year-over-year, from -$3.4M to -$62.8M.
What does increase (decrease) in prepaid expense and other assets mean?: This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.