Non-Current Assets
Property, plant and equipment at cost
Fortinet Property, plant and equipment at cost increased by 4.5% to $2.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.5%, from $1.84B to $2.19B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment at cost shows an upward trend with a 27.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
How to read this metric
A steady increase reflects ongoing capital investment and the expansion of the utility's asset base.
Detailed definition
This is the total historical cost of all tangible property, plant, and equipment owned by the utility before accounting...
Peer comparison
A primary metric for comparing the scale and capital intensity of regulated utilities.
Metric ID:
non_current_assets_property_plant_and_equipment_grossHistorical 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 | $698.40M | $762.60M | $899.30M | $1.01B | $1.06B | $1.15B | $1.18B | $1.22B | $1.30B | $1.37B | $1.40B | $1.62B | $1.64B | $1.69B | $1.77B | $1.84B | $2.00B | $2.07B | $2.10B | $2.19B |
| QoQ Change | — | +9.2% | +17.9% | +12.8% | +4.3% | +8.7% | +2.6% | +3.3% | +6.8% | +5.4% | +2.0% | +16.0% | +1.1% | +3.0% | +4.7% | +4.0% | +8.9% | +3.4% | +1.6% | +4.5% |
| YoY Change | — | — | — | — | +51.4% | +50.7% | +31.1% | +20.1% | +23.0% | +19.2% | +18.6% | +33.1% | +26.0% | +23.1% | +26.3% | +13.3% | +22.0% | +22.6% | +19.0% | +19.5% |
Range$698.40M – $2.19B
CAGR+27.3%
Avg YoY Growth+26.2%
Median YoY Growth+22.8%
Current Streak19+ quarters growth
Geographic Breakdown
| Segment | Q1 '25 | Q2 '25 |
|---|---|---|
| Canada, United States And Netherlands | — | $87.50M |
| Frankfurt, Germany | $37.70M | — |
| Total | $1.84B | $2.00B |
Property, plant and equipment at cost at Other Companies
Frequently Asked Questions
- What is Fortinet's property, plant and equipment at cost?
- Fortinet (FTNT) reported property, plant and equipment at cost of $2.19B in Q1 2026.
- How has Fortinet's property, plant and equipment at cost changed year-over-year?
- Fortinet's property, plant and equipment at cost increased by 19.5% year-over-year, from $1.84B to $2.19B.
- What is the long-term trend for Fortinet's property, plant and equipment at cost?
- Over 5 years (2020 to 2025), Fortinet's property, plant and equipment at cost has grown at a 27.6% compound annual growth rate (CAGR), from $620.50M to $2.10B.
- What does property, plant and equipment at cost mean?
- The total original cost of all physical utility assets before subtracting depreciation.