Fortinet Shares (Basic) decreased by 2.2% to 738.8M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.8%, from 768.3M to 738.8M.
A decreasing trend typically signals an aggressive share buyback program, which can increase the value of remaining shares.
Weighted-average shares outstanding (basic) is the calculation of the total number of common shares held by the public d...
Used to evaluate the scale of a company's equity base relative to its market capitalization and peer group.
is_weighted_shares_basic| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 163.3M | 163.5M | 160.7M | 795.4M | 786.2M | 783.2M | 785M | 781.2M | 762.4M | 763.8M | 765M | 768.3M | 765.5M | 755.5M | 738.8M |
| QoQ Change | — | +0.1% | -1.7% | +395.0% | -1.2% | -0.4% | +0.2% | -0.5% | -2.4% | +0.2% | +0.2% | +0.4% | -0.4% | -1.3% | -2.2% |
| YoY Change | — | — | — | +387.1% | +380.9% | +387.4% | -1.3% | -0.6% | -2.7% | -2.7% | -2.1% | +0.8% | +0.2% | -1.2% | -3.8% |