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Non-Current Liabilities

Total Carrying Value of Debt

Fortinet Total Carrying Value of Debt decreased by 50.0% to $500M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $1B to $500M. Over 4 years (FY 2021 to FY 2025), Total Carrying Value of Debt shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026
Metric ID: total_debt_carrying_value

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$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$1B$500M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%-50.0%
YoY Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%-50.0%
Range$500M$1B
CAGR-13.6%
Avg YoY Growth-3.1%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Fortinet's total carrying value of debt?
Fortinet (FTNT) reported total carrying value of debt of $500M in Q1 2026.
How has Fortinet's total carrying value of debt changed year-over-year?
Fortinet's total carrying value of debt decreased by 50.0% year-over-year, from $1B to $500M.
What is the long-term trend for Fortinet's total carrying value of debt?
Over 4 years (2021 to 2025), Fortinet's total carrying value of debt has grown at a 0.0% compound annual growth rate (CAGR), from $1B to $1B.