Operating CF
$2.80B
Capex
−$368.90M
Free Cash Flow
$2.44B
FCF Margin
+86.8%
Cash flow waterfall for Fortinet (FTNT) — TTM through Q1 2026
Free cash flow: $2.44B
Cash flow breakdown for Fortinet (FTNT) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $2.80B | $2.80B |
| Capital Expenditure | −$368.90M | $2.44B |
| Free Cash Flow | $2.44B | $2.44B |
| Other Investing | −$125.10M | $2.31B |
| Share Buybacks | −$3.11B | −$802.40M |
| Net Debt Change | −$500.00M | −$1.30B |
| Other Financing & FX | −$70.40M | −$1.37B |
| Net Cash Decrease | −$1.37B | −$1.37B |
- Operating Cash Flow$2.80B
- Capital Expenditure−$368.90M
- Free Cash Flow$2.44B
- Other Investing−$125.10M
- Share Buybacks−$3.11B
- Net Debt Change−$500.00M
- Other Financing & FX−$70.40M
- Net Cash Decrease−$1.37B
Want to see what drove the FCF change?Free Cash Flow Bridge
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