Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet Non-Cancelable Inventory Purchase Obligations by Year
Non-Cancelable Inventory Purchase Obligations — Total ($M) ($M)
Fortinet Non-Cancelable Inventory Purchase Obligations: $811M in FY2025, up 37.1% from a year earlier.
Where the FY2025 figure comes from
Source: Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗
Binding purchase commitments with contract manufacturers and ASIC foundries (peaked at $1,252.8M in Q3 2022 during chip shortage; normalized to $385.1M at Q2 2026).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Non-Cancelable Inventory Purchase Obligations — Total ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 811 | +37.1% | Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗ |
| FY2024 | Dec 31, 2024 | 591 | -7.2% | Fortinet Form 10-K (ftnt-20241231_htm.xml, filed 2025-02-21) ↗ |
| FY2023 | Dec 31, 2023 | 637 | -52.3% | Fortinet Form 10-K (ftnt-20231231_htm.xml, filed 2024-02-26) ↗ |
| FY2022 | Dec 31, 2022 | 1,335 | +17.1% | Fortinet Form 10-K (ftnt-20221231_htm.xml, filed 2023-02-24) ↗ |
| FY2021 | Dec 31, 2021 | 1,140 | +339.5% | Fortinet Form 10-Q (ftnt-20220930_htm.xml, filed 2022-11-07) ↗ |
| FY2020 | Dec 31, 2020 | 259 | +11.9% | Fortinet Form 10-K (ftnt-20201231_htm.xml, filed 2021-02-19) ↗ |
| FY2019 | Dec 31, 2019 | 232 | +30.8% | Fortinet Form 10-K (ftnt-201910xk_htm.xml, filed 2020-02-26) ↗ |
| FY2018 | Dec 31, 2018 | 177 | +82.4% | Fortinet Form 10-K (ftnt-20181231.xml, filed 2019-02-27) ↗ |
| FY2017 | Dec 31, 2017 | 97.2 | +6.6% | Fortinet Form 10-K (ftnt-20171231.xml, filed 2018-02-26) ↗ |
| FY2016 | Dec 31, 2016 | 91.2 | – | Fortinet Form 10-K (ftnt-20161231.xml, filed 2017-03-01) ↗ |
Breakdown
What makes up non-Cancelable Inventory Purchase Obligations
Cite this data
StockData. (2026). Fortinet Non-Cancelable Inventory Purchase Obligations ($M), annual FY2016–FY2025 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/xbrl-inv-purchase-ob-total-88
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.