Discontinued — last reported Q4 '25

Current Assets

Prepaid & Other Current

Fortinet Prepaid & Other Current decreased by 19.9% to $181.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.1%, from $125.40M to $181.90M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 39.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Significant changes usually reflect timing differences in vendor payments or shifts in short-term operational requirements.

Detailed definition

Payments made in advance for goods or services to be received within one year, along with other miscellaneous short-term...

Peer comparison

Usually a small percentage of total assets for tech hardware firms, though it can spike during major production ramp-ups.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$60.60M$59.70M$65.40M$91.70M$83.30M$72.80M$73.10M$89.70M$109.50M$102.60M$101.10M$100.90M$113.40M$121.50M$126.10M$125.40M$162.50M$195.20M$227.00M$181.90M
QoQ Change-1.5%+9.5%+40.2%-9.2%-12.6%+0.4%+22.7%+22.1%-6.3%-1.5%-0.2%+12.4%+7.1%+3.8%-0.6%+29.6%+20.1%+16.3%-19.9%
YoY Change+37.5%+21.9%+11.8%-2.2%+31.5%+40.9%+38.3%+12.5%+3.6%+18.4%+24.7%+24.3%+43.3%+60.7%+80.0%+45.1%
Range$59.70M$227.00M
CAGR+26.0%
Avg YoY Growth+30.8%
Median YoY Growth+28.1%

Frequently Asked Questions

What is Fortinet's prepaid & other current?
Fortinet (FTNT) reported prepaid & other current of $181.90M in Q1 2026.
How has Fortinet's prepaid & other current changed year-over-year?
Fortinet's prepaid & other current increased by 45.1% year-over-year, from $125.40M to $181.90M.
What is the long-term trend for Fortinet's prepaid & other current?
Over 5 years (2020 to 2025), Fortinet's prepaid & other current has grown at a 39.3% compound annual growth rate (CAGR), from $43.30M to $227.00M.
What does prepaid & other current mean?
Bills paid in advance and other small assets that will be used up within the next twelve months.