PP&E (Net)
Fortinet PP&E (Net) increased by 4.5% to $1.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.5%, from $1.40B to $1.69B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 29.3% CAGR.
Analysis
How to read this metric
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
Detailed definition
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Peer comparison
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
property_plant_equipment_netHistorical Data
| 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 | $506.50M | $556.60M | $687.60M | $786.50M | $814.60M | $889.50M | $898.50M | $917.40M | $981.90M | $1.04B | $1.04B | $1.25B | $1.24B | $1.27B | $1.35B | $1.40B | $1.54B | $1.61B | $1.62B | $1.69B |
| QoQ Change | — | +9.9% | +23.5% | +14.4% | +3.6% | +9.2% | +1.0% | +2.1% | +7.0% | +5.7% | +0.6% | +19.4% | -0.4% | +2.5% | +6.0% | +4.0% | +10.0% | +3.9% | +0.9% | +4.5% |
| YoY Change | — | — | — | — | +60.8% | +59.8% | +30.7% | +16.6% | +20.5% | +16.7% | +16.2% | +36.0% | +26.6% | +22.7% | +29.2% | +12.5% | +24.3% | +26.1% | +20.0% | +20.5% |
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| EMEA | — | $70.90M | — | $129.30M | $145.20M | $199.70M | — | $211.40M |
| APAC | — | $63.20M | — | $62.80M | $69.70M | $69.70M | — | $72.70M |
| Latin America | $2.80M | $4.00M | $4.40M | $2.40M | $4.10M | $5.30M | $4.90M | $4.40M |
| Asia Pacific And Japan | $58.50M | — | $61.50M | — | — | — | $72.80M | — |
| Europe Middle East And Africa | $66.80M | — | $73.30M | — | — | — | $211.30M | — |
| Total | $1.24B | $1.27B | $1.35B | $1.40B | $1.54B | $1.61B | $1.62B | $1.69B |
Asia Pacific And Japan, Europe Middle East And Africa were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Fortinet's pp&e (net)?
- Fortinet (FTNT) reported pp&e (net) of $1.69B in Q1 2026.
- How has Fortinet's pp&e (net) changed year-over-year?
- Fortinet's pp&e (net) increased by 20.5% year-over-year, from $1.40B to $1.69B.
- What is the long-term trend for Fortinet's pp&e (net)?
- Over 5 years (2020 to 2025), Fortinet's pp&e (net) has grown at a 29.3% compound annual growth rate (CAGR), from $448.00M to $1.62B.
- What does pp&e (net) mean?
- The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.