Fortinet Business Segments — R&D increased by 4.4% to $214.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $198.60M to $214.00M. Over 3 years (FY 2022 to FY 2025), Business Segments — R&D shows an upward trend with a 16.8% CAGR.
Higher spending may signal future growth potential through innovation, while lower spending could indicate a shift toward harvesting existing products or cost-cutting.
This metric captures the costs associated with the design, development, and improvement of products or services within a...
Commonly reported as 'Segment R&D Expense' in technology and manufacturing sectors.
ftnt_segment_reportable_segment_research_and_development| 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 | $128.10M | $128.10M | $128.10M | $128.10M | $153.45M | $153.45M | $153.45M | $153.45M | $173.00M | $165.40M | $187.30M | $191.10M | $198.60M | $209.50M | $202.40M | $205.00M | $214.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +19.8% | +0.0% | +0.0% | +0.0% | +12.7% | -4.4% | +13.2% | +2.0% | +3.9% | +5.5% | -3.4% | +1.3% | +4.4% |
| YoY Change | — | — | — | — | +19.8% | +19.8% | +19.8% | +19.8% | +12.7% | +7.8% | +22.1% | +24.5% | +14.8% | +26.7% | +8.1% | +7.3% | +7.8% |