Fortinet Penalties and interest accrued on unrecognized tax benefits increased by 6.4% to $13.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.7%, from $9.80M to $13.30M. Over 5 years (FY 2020 to FY 2025), Penalties and interest accrued on unrecognized tax benefits shows a downward trend with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher tax uncertainty or aggressive tax planning, while a decrease suggests resolution of tax audits or lower risk exposure.
The cumulative amount of penalties and interest accrued related to tax positions that do not meet the threshold for reco...
Commonly disclosed by large financial institutions; high values relative to equity may signal aggressive tax accounting.
other_unrecognized_tax_benefits_income_tax_penalties_and_f243c1| 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 | $15.40M | $16.20M | $13.30M | $14.40M | $9.80M | $10.20M | $9.30M | $9.30M | $5.30M | $5.90M | $6.40M | $6.90M | $7.50M | $8.40M | $8.80M | $9.80M | $10.80M | $11.60M | $12.50M | $13.30M |
| QoQ Change | — | +5.2% | -17.9% | +8.3% | -31.9% | +4.1% | -8.8% | +0.0% | -43.0% | +11.3% | +8.5% | +7.8% | +8.7% | +12.0% | +4.8% | +11.4% | +10.2% | +7.4% | +7.8% | +6.4% |
| YoY Change | — | — | — | — | -36.4% | -37.0% | -30.1% | -35.4% | -45.9% | -42.2% | -31.2% | -25.8% | +41.5% | +42.4% | +37.5% | +42.0% | +44.0% | +38.1% | +42.0% | +35.7% |