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

Fortinet (FTNT) reported operating lease liabilities (total) of $70.40M 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 $81.60M to $70.40M.

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 $53.10M to $65.50M.

What does operating lease liabilities (total) mean?

The total amount of money the company is committed to paying for all its rented properties and equipment over time.

Discontinued — last reported Q4 '25

Non-Current Liabilities

Operating Lease Liabilities (Total)

Fortinet Operating Lease Liabilities (Total) increased by 7.5% 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 (Total) shows an upward trend with a 4.3% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ1 2019

Last reportedQ4 2025

How to read this metric

A significant increase reflects a long-term commitment to physical expansion, while a decrease suggests a consolidation of facilities or a move toward remote operations.

Detailed definition

The total present value of all future lease payments for operating leases, covering both short-term and long-term horizo...

Peer comparison

Used to compare the 'fixed charge' burden across companies with different strategies regarding owning versus leasing real estate.

Metric ID: operating_lease_liabilities_total

Historical 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	$62.30M	$65.50M	$66.80M	$85.40M	$80.00M	$73.50M	$95.70M	$100.70M	$93.90M	$89.50M	$79.10M	$89.80M	$82.90M	$83.10M	$79.10M	$81.60M	$93.40M	$92.90M	$65.50M	$70.40M
QoQ Change	—	+5.1%	+2.0%	+27.8%	-6.3%	-8.1%	+30.2%	+5.2%	-6.8%	-4.7%	-11.6%	+13.5%	-7.7%	+0.2%	-4.8%	+3.2%	+14.5%	-0.5%	-29.5%	+7.5%
YoY Change	—	—	—	—	+28.4%	+12.2%	+43.3%	+17.9%	+17.4%	+21.8%	-17.3%	-10.8%	-11.7%	-7.2%	+0.0%	-9.1%	+12.7%	+11.8%	-17.2%	-13.7%

Range$62.30M – $100.70M

CAGR+2.6%

Avg YoY Growth+4.9%

Median YoY Growth+5.9%

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Frequently Asked Questions

What is Fortinet's operating lease liabilities (total)?: Fortinet (FTNT) reported operating lease liabilities (total) of $70.40M 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 $81.60M to $70.40M.
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 $53.10M to $65.50M.
What does operating lease liabilities (total) mean?: The total amount of money the company is committed to paying for all its rented properties and equipment over time.