Operating
Increase (Decrease) in Prepaid Expense and Other Assets
Fortinet Increase (Decrease) in Prepaid Expense and Other Assets decreased by 298.7% to -$62.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1747.1%, from -$3.40M to -$62.80M.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
How to read this metric
An increase represents a cash outflow for future benefits, while a decrease represents the realization of previously paid expenses, effectively freeing up cash flow.
Detailed definition
This tracks changes in prepayments for goods or services that will be consumed in future periods. An increase in these a...
Peer comparison
Standard working capital metric; peers will show similar fluctuations based on their procurement and service contract cycles.
Metric ID:
operating_increase_decrease_in_prepaid_deferred_expense__313362Historical Data
14 periods
| Q2 '21 | Q4 '21 | Q1 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.00M | $5.20M | $26.00M | $100.00K | $16.00M | $19.40M | $100.00K | $12.20M | $4.70M | -$3.40M | $35.50M | $32.20M | $31.60M | -$62.80M |
| QoQ Change | — | +73.3% | +400.0% | -99.6% | >999% | +21.3% | -99.5% | >999% | -61.5% | -172.3% | >999% | -9.3% | -1.9% | -298.7% |
| YoY Change | — | — | — | -98.1% | -38.5% | — | -99.4% | -37.1% | — | <-999% | +191.0% | — | +572.3% | <-999% |
Range-$62.80M – $35.50M
CAGR+154.9%
Avg YoY Growth-594.6%
Median YoY Growth-68.3%
Current Streak3 quarters decline
Increase (Decrease) in Prepaid Expense and Other Assets at Other Companies
Frequently Asked Questions
- What is Fortinet's increase (decrease) in prepaid expense and other assets?
- Fortinet (FTNT) reported increase (decrease) in prepaid expense and other assets of -$62.80M in Q1 2026.
- How has Fortinet's increase (decrease) in prepaid expense and other assets changed year-over-year?
- Fortinet's increase (decrease) in prepaid expense and other assets decreased by 1747.1% year-over-year, from -$3.40M to -$62.80M.
- What does increase (decrease) in prepaid expense and other assets mean?
- The net change in cash spent on expenses paid in advance.