Fortinet Total Liabilities decreased by 2.8% to $8.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $8.44B to $8.89B. Over 5 years (FY 2020 to FY 2025), Total Liabilities shows an upward trend with a 23.5% CAGR.
A high level of total liabilities relative to equity indicates a more leveraged capital structure and higher financial risk.
The aggregate of all current and non-current debts and obligations owed by the company to external parties. It represent...
Analyzed alongside Total Assets to determine the Debt-to-Asset ratio, which is a standard measure of solvency across all industries.
total_liabilities| 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 | $4.51B | $4.84B | $5.12B | $5.42B | $5.67B | $5.96B | $6.51B | $6.82B | $7.16B | $7.41B | $7.72B | $7.80B | $7.76B | $7.94B | $8.27B | $8.44B | $8.58B | $8.63B | $9.15B | $8.89B |
| QoQ Change | — | +7.2% | +5.9% | +5.8% | +4.7% | +5.0% | +9.2% | +4.8% | +5.0% | +3.4% | +4.3% | +1.0% | -0.4% | +2.3% | +4.1% | +2.1% | +1.6% | +0.5% | +6.1% | -2.8% |
| YoY Change | — | — | — | — | +25.8% | +23.2% | +27.1% | +25.9% | +26.3% | +24.3% | +18.6% | +14.3% | +8.4% | +7.3% | +7.1% | +8.3% | +10.5% | +8.6% | +10.7% | +5.3% |