Discontinued — last reported Q4 '25
Operating Lease Liabilities (Current)
Fortinet Operating Lease Liabilities (Current) increased by 95.0% to $70.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.7%, from $81.60M to $70.40M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 13.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| 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 | $22.90M | $25.00M | $26.30M | $85.40M | $80.00M | $73.50M | $33.20M | $100.70M | $93.90M | $89.50M | $33.40M | $89.80M | $82.90M | $83.10M | $32.70M | $81.60M | $93.40M | $92.90M | $36.10M | $70.40M |
| QoQ Change | — | +9.2% | +5.2% | +224.7% | -6.3% | -8.1% | -54.8% | +203.3% | -6.8% | -4.7% | -62.7% | +168.9% | -7.7% | +0.2% | -60.6% | +149.5% | +14.5% | -0.5% | -61.1% | +95.0% |
| YoY Change | — | — | — | — | +249.3% | +194.0% | +26.2% | +17.9% | +17.4% | +21.8% | +0.6% | -10.8% | -11.7% | -7.2% | -2.1% | -9.1% | +12.7% | +11.8% | +10.4% | -13.7% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Fortinet's operating lease liabilities (current)?
- Fortinet (FTNT) reported operating lease liabilities (current) of $70.40M in Q1 2026.
- How has Fortinet's operating lease liabilities (current) changed year-over-year?
- Fortinet's operating lease liabilities (current) decreased by 13.7% year-over-year, from $81.60M to $70.40M.
- What is the long-term trend for Fortinet's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Fortinet's operating lease liabilities (current) has grown at a 13.6% compound annual growth rate (CAGR), from $19.10M to $36.10M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.