Fortinet FTNT Operating Lease Liabilities (Total)

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FAQ

What is Fortinet's operating lease liabilities (total)?

Fortinet (FTNT) reported operating lease liabilities (total) of $70.4M in Q1 2026.

How has Fortinet's operating lease liabilities (total) changed year-over-year?

Fortinet's operating lease liabilities (total) decreased by 13.7% year-over-year, from $81.6M to $70.4M.

What is the long-term trend for Fortinet's operating lease liabilities (total)?

Over 5 years (2020 to 2025), Fortinet's operating lease liabilities (total) has grown at a 4.3% compound annual growth rate (CAGR), from $53.1M to $65.5M.

What does operating lease liabilities (total) mean?

This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.