Total Debt for Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's latest reported total debt is $996.30M USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

FTNT
Currently viewingTotal DebtSwitch metric
Latest period
$996.30M
YoY change
+0.2%
5Y CAGR
N/A
Peak year (2025)
$996.30M
Latest annual
$996.30M
Total Debt history chart for Fortinet (FTNT) from 2007 to 2025
Total Debt history table for Fortinet (FTNT) from 2007 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $996.30M | +0.2% | ||
| 2024 | $994.30M | +0.2% | ||
| 2023 | $992.30M | +0.2% | ||
| 2022 | $990.40M | +0.2% | ||
| 2021 | $988.40M | — | ||
| 2020 | $0 | — | ||
| 2019 | $0 | — | ||
| 2018 | $0 | — | ||
| 2017 | $0 | — | ||
| 2016 | $0 | — | ||
| 2015 | $0 | — | ||
| 2014 | $0 | — | ||
| 2013 | $0 | — | ||
| 2012 | $0 | — | ||
| 2011 | $0 | — | ||
| 2010 | $0 | — | ||
| 2009 | $0 | — | ||
| 2008 | $0 | — | ||
| 2007 | $0 | — |
Total Debt values are taken from Fortinet's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Fortinet (FTNT) total debt is $996.30M – edged up 0.2% year-over-year.
$996.30M stands as the all-time-high annual total debt, posted in 2025, against a low of $0 during 2007.
Within Technology, Fortinet (FTNT) ranks 9th among 8 peers we track. The peer median for total debt is $40.21B.
Fortinet Total Debt by Year
Fortinet Total Debt 2025: $996.30M
Fortinet total debt in 2025 was $996.30M, edged up 0.2% from 2024. This figure represents the highest annual value in the available history.
Fortinet Total Debt 2024: $994.30M
Fortinet total debt in 2024 was $994.30M, edged up 0.2% from 2023.
Fortinet Total Debt 2023: $992.30M
Fortinet total debt in 2023 was $992.30M, edged up 0.2% from 2022.
Fortinet Total Debt 2022: $990.40M
Fortinet total debt in 2022 was $990.40M, edged up 0.2% from 2021.
Fortinet Total Debt 2021: $988.40M
Fortinet total debt in 2021 was $988.40M.
See more financial history for Fortinet (FTNT).
Sector peers — Total Debt
Companies in the same sector as Fortinet, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.06T | Technology |
| Apple Inc. (AAPL) | $112.38B | Technology |
| Microsoft Corporation (MSFT) | $112.18B | Technology |
| Broadcom Inc. (AVGO) | $65.14B | Technology |
| Micron Technology, Inc. (MU) | $15.28B | Technology |
| NVIDIA Corporation (NVDA) | $11.41B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.47B | Technology |
| ASML Holding N.V. (ASML) | $2.71B | Technology |
Frequently asked questions
What is Fortinet's total debt?
- Latest reported total debt for Fortinet (FTNT) is $996.30M (period ending December 31, 2025).
How has Fortinet total debt changed year-over-year?
- Fortinet (FTNT) total debt changed +0.2% year-over-year on the latest annual filing.
When did Fortinet total debt hit its highest annual value?
- Fortinet total debt reached its highest annual value of $996.30M in 2025.
What was Fortinet total debt in 2024?
- Fortinet (FTNT) total debt in 2024 was $994.30M.
What was Fortinet total debt in 2025?
- Fortinet (FTNT) total debt in 2025 was $996.30M.
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