Other

Long-term debt, gross

Fortinet Long-term debt, gross decreased by 50.0% to $500.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $1.00B to $500.00M. Over 4 years (FY 2021 to FY 2025), Long-term debt, gross shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase indicates higher long-term leverage, which may impact interest expense and credit ratings.

Detailed definition

This is the total gross carrying amount of the firm's long-term debt obligations as reported on the balance sheet. It en...

Peer comparison

A core metric for assessing capital structure and solvency compared to industry peers.

Metric ID: other_debt_instrument_carrying_amount

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$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$1.00B$500.00M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%-50.0%
YoY Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%-50.0%
Range$500.00M$1.00B
CAGR-13.6%
Avg YoY Growth-3.1%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Fortinet's long-term debt, gross?
Fortinet (FTNT) reported long-term debt, gross of $500.00M in Q1 2026.
How has Fortinet's long-term debt, gross changed year-over-year?
Fortinet's long-term debt, gross decreased by 50.0% year-over-year, from $1.00B to $500.00M.
What is the long-term trend for Fortinet's long-term debt, gross?
Over 4 years (2021 to 2025), Fortinet's long-term debt, gross has grown at a 0.0% compound annual growth rate (CAGR), from $1.00B to $1.00B.
What does long-term debt, gross mean?
The total gross value of all long-term debt held by the company.