What is Fortinet's PP&E (net)?

Fortinet (FTNT) reported PP&E (net) of $1.69B in Q1 2026.

How has Fortinet's PP&E (net) changed year-over-year?

Fortinet's PP&E (net) increased by 20.5% year-over-year, from $1.4B to $1.69B.

What is the long-term trend for Fortinet's PP&E (net)?

Over 5 years (2020 to 2025), Fortinet's PP&E (net) has grown at a 29.3% compound annual growth rate (CAGR), from $448M to $1.62B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Fortinet FTNT PP&E (Net)

PP&E (Net) at other companies

MicrosoftMSFT

$283.23B+54.0%

Cisco Systems, Inc.CSCO

$2.58B+24.1%

F5, Inc.FFIV

$175.36M+17.8%

Netscout SystemsNTCT

$23.56M+9.4%

Extreme NetworksEXTR

$53.54M+35.5%

Palo Alto Networks, Inc.PANW

$506M+37.9%

Segments

By geography

See full

EMEA$211.4M+63.5%

APAC$72.7M+15.8%

Latin America$4.4M+83.3%

Other financials

Income statement

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Revenue$1.8B+20.1%

Gross profit$1.5B+19.1%

Operating income$580.0M+27.8%

Net income$534.5M+23.3%

EPS (diluted)$0.72+28.6%

Balance sheet

See full

Cash & equivalents$2.2B-38.2%

Total debt$567.2M-47.3%

Total equity$989.7M-49.6%

Total assets$9.9B-5.0%

Cash flow

See full

Operating cash flow$1.1B+24.8%

CapEx$70.6M+6.2%

Free cash flow$1.0B+26.3%

Valuation

See full

Market cap$108.43B-18.3%

Profitability

See full

Gross margin80.3%-1.0pp

Operating margin31.1%-0.4pp

Net margin27.5%-3.1pp

FCF margin34.3%+0.6pp

Returns & leverage

See full

Return on equity132.4%—

Debt / equity0.6×0.0×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Fortinet’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortinet's PP&E (net)?: Fortinet (FTNT) reported PP&E (net) of $1.69B in Q1 2026.
How has Fortinet's PP&E (net) changed year-over-year?: Fortinet's PP&E (net) increased by 20.5% year-over-year, from $1.4B to $1.69B.
What is the long-term trend for Fortinet's PP&E (net)?: Over 5 years (2020 to 2025), Fortinet's PP&E (net) has grown at a 29.3% compound annual growth rate (CAGR), from $448M to $1.62B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.