Current Assets
Total Current Assets
Fortinet Total Current Assets decreased by 9.6% to $5.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.2%, from $6.44B to $5.33B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 16.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
20 periods
| 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 | $3.91B | $3.96B | $3.60B | $3.21B | $2.95B | $2.98B | $3.81B | $4.36B | $4.88B | $4.75B | $4.43B | $4.56B | $4.92B | $5.22B | $5.97B | $6.44B | $6.35B | $4.91B | $5.90B | $5.33B |
| QoQ Change | — | +1.4% | -9.2% | -10.9% | -8.0% | +1.0% | +27.8% | +14.4% | +11.9% | -2.6% | -6.8% | +3.0% | +7.9% | +6.1% | +14.4% | +7.9% | -1.5% | -22.6% | +20.1% | -9.6% |
| YoY Change | — | — | — | — | -24.4% | -24.8% | +5.8% | +35.9% | +65.2% | +59.4% | +16.2% | +4.6% | +0.8% | +9.8% | +34.8% | +41.3% | +29.0% | -5.9% | -1.2% | -17.2% |
Range$2.95B – $6.44B
CAGR+6.8%
Avg YoY Growth+14.3%
Median YoY Growth+7.8%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Fortinet's total current assets?
- Fortinet (FTNT) reported total current assets of $5.33B in Q1 2026.
- How has Fortinet's total current assets changed year-over-year?
- Fortinet's total current assets decreased by 17.2% year-over-year, from $6.44B to $5.33B.
- What is the long-term trend for Fortinet's total current assets?
- Over 5 years (2020 to 2025), Fortinet's total current assets has grown at a 16.6% compound annual growth rate (CAGR), from $2.74B to $5.90B.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.