Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet Revenue Recognized that was Included in Beginning by Year
Revenue Recognized that was Included in Beginning Deferred Revenue Balance ($M) ($M)
Fortinet Revenue Recognized that was Included in Beginning: $3,260M in FY2025, up 14.8% from a year earlier. That is the highest of the 8 years on record here.
Where the FY2025 figure comes from
Source: Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗
Reported in SEC Form 10-Q / 10-K Note 3 (XBRL ContractWithCustomerLiabilityRevenueRecognized; Q4 = FY − 9M).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Revenue Recognized that was Included in Beginning Deferred Revenue Balance ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3,260 | +14.8% | Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗ |
| FY2024 | Dec 31, 2024 | 2,840 | +25.1% | Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗ |
| FY2023 | Dec 31, 2023 | 2,270 | +31.2% | Fortinet Form 10-K (ftnt-20241231_htm.xml, filed 2025-02-21) ↗ |
| FY2022 | Dec 31, 2022 | 1,730 | +26.3% | Fortinet Form 10-K (ftnt-20231231_htm.xml, filed 2024-02-26) ↗ |
| FY2021 | Dec 31, 2021 | 1,370 | +19.1% | Fortinet Form 10-K (ftnt-20221231_htm.xml, filed 2023-02-24) ↗ |
| FY2020 | Dec 31, 2020 | 1,150 | +23.0% | Fortinet Form 10-K (ftnt-20211231_htm.xml, filed 2022-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 935 | +24.1% | Fortinet Form 10-K (ftnt-20201231_htm.xml, filed 2021-02-19) ↗ |
| FY2018 | Dec 31, 2018 | 753 | – | Fortinet Form 10-K (ftnt-201910xk_htm.xml, filed 2020-02-26) ↗ |
Cite this data
StockData. (2026). Fortinet Revenue Recognized that was Included in Beginning ($M), annual FY2018–FY2025 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/xbrl-def-rev-recognized-19
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.