Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet Average Contract Duration / Term by Year
Average Contract Duration / Term (months) (legacy: disclosed on calls through Q4 2024)
Fortinet Average Contract Duration / Term: 29.00 months in FY2024. No newer figure appears in the documents we track.
Where the FY2024 figure comes from
“Average contract term in the fourth quarter was 29 months, down one month year over year and up one month quarter over quarter.”
Source: Fortinet Quarterly Earnings Call Transcript (fortinet-ftnt-q4-2024-earnings-call-transcript) ↗
Reported in Quarterly Earnings Call Transcripts (FY2018Q4 – FY2024Q4).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Average Contract Duration / Term (months) (legacy: disclosed on calls through Q4 2024) | Year on year | Source |
|---|---|---|---|---|
| FY2024 | Dec 31, 2024 | 29.00 | – | Fortinet Quarterly Earnings Call Transcript (fortinet-ftnt-q4-2024-earnings-call-transcript) ↗ |
| FY2020 | Dec 31, 2020 | 28.00 | +7.7% | Fortinet Quarterly Earnings Call Transcript (fortinet-inc-ftnt-q4-2020-earnings-call-transcript) ↗ |
| FY2019 | Dec 31, 2019 | 26.00 | +4.0% | Fortinet Quarterly Earnings Call Transcript (fortinet-inc-ftnt-q4-2019-earnings-call-transcript.aspx) ↗ |
| FY2018 | Dec 31, 2018 | 25.00 | – | Fortinet Quarterly Earnings Call Transcript (fortinet-inc-ftnt-q4-2018-earnings-conference-call.aspx) ↗ |
Cite this data
StockData. (2026). Fortinet Average Contract Duration / Term, annual FY2018–FY2024 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/sec-avg-contract-term-months-23
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.