Fortinet annual stock-based compensation
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Fortinet Stock-Based Compensation Growth & History (FTNT)
Fortinet's stock-based compensation was $279.5M for fiscal 2025.
View full Fortinet company overviewFortinet annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $279.5M | $21.6M | +8.38% |
| 2024 | 2024-12-31 | $257.9M | $8.9M | +3.57% |
| 2023 | 2023-12-31 | $249.0M | $31.7M | +14.59% |
| 2022 | 2022-12-31 | $217.3M | $9.4M | +4.52% |
| 2021 | 2021-12-31 | $207.9M | $16.2M | +8.45% |
| 2020 | 2020-12-31 | $191.7M | $17.6M | +10.11% |
| 2019 | 2019-12-31 | $174.1M | $11.2M | +6.88% |
| 2018 | 2018-12-31 | $162.9M | $25.7M | +18.73% |
| 2017 | 2017-12-31 | $137.2M | $14.8M | +12.09% |
| 2016 | 2016-12-31 | $122.4M | $27.3M | +28.72% |
| 2015 | 2015-12-31 | $95.1M | $36.1M | +61.18% |
| 2014 | 2014-12-31 | $59.0M | $15.1M | +34.36% |
| 2013 | 2013-12-31 | $43.9M | $13.2M | +43.07% |
| 2012 | 2012-12-31 | $30.7M | $11.7M | +61.40% |
| 2011 | 2011-12-31 | $19.0M | $9.7M | +104.13% |
| 2010 | 2010-12-31 | $9.3M | $1.9M | +24.85% |
| 2009 | 2009-12-31 | $7.5M | — | — |
Fortinet quarterly stock-based compensation
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| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $79.3M | $10.2M | +14.76% |
| Q1 2026 | 2026-03-31 | $72.5M | $6.4M | +9.68% |
| Q4 2025 | 2025-12-31 | $72.5M | $6.7M | +10.18% |
| Q3 2025 | 2025-09-30 | $71.8M | $5.9M | +8.95% |
| Q2 2025 | 2025-06-30 | $69.1M | $5.2M | +8.14% |
| Q1 2025 | 2025-03-31 | $66.1M | $3.8M | +6.10% |
| Q4 2024 | 2024-12-31 | $65.8M | $2.4M | +3.79% |
| Q3 2024 | 2024-09-30 | $65.9M | $1.6M | +2.49% |
| Q2 2024 | 2024-06-30 | $63.9M | −$1.1M | −1.69% |
| Q1 2024 | 2024-03-31 | $62.3M | $6.0M | +10.66% |
| Q4 2023 | 2023-12-31 | $63.4M | $8.7M | +15.90% |
| Q3 2023 | 2023-09-30 | $64.3M | $9.6M | +17.55% |
| Q2 2023 | 2023-06-30 | $65.0M | $10.3M | +18.83% |
| Q1 2023 | 2023-03-31 | $56.3M | $3.1M | +5.83% |
| Q4 2022 | 2022-12-31 | $54.7M | $1.6M | +3.01% |
| Q3 2022 | 2022-09-30 | $54.7M | $2.0M | +3.80% |
| Q2 2022 | 2022-06-30 | $54.7M | $2.1M | +3.99% |
| Q1 2022 | 2022-03-31 | $53.2M | $3.7M | +7.47% |
| Q4 2021 | 2021-12-31 | $53.1M | $4.4M | +9.03% |
| Q3 2021 | 2021-09-30 | $52.7M | $3.4M | +6.90% |
| Q2 2021 | 2021-06-30 | $52.6M | $3.7M | +7.57% |
| Q1 2021 | 2021-03-31 | $49.5M | $4.7M | +10.49% |
| Q4 2020 | 2020-12-31 | $48.7M | $5.0M | +11.44% |
| Q3 2020 | 2020-09-30 | $49.3M | $6.9M | +16.27% |
| Q2 2020 | 2020-06-30 | $48.9M | $3.9M | +8.67% |
| Q1 2020 | 2020-03-31 | $44.8M | $1.8M | +4.19% |
| Q4 2019 | 2019-12-31 | $43.7M | $1.1M | +2.58% |
| Q3 2019 | 2019-09-30 | $42.4M | −$800,000 | −1.85% |
| Q2 2019 | 2019-06-30 | $45.0M | $4.4M | +10.84% |
| Q1 2019 | 2019-03-31 | $43.0M | $6.5M | +17.81% |
| Q4 2018 | 2018-12-31 | $42.6M | $8.1M | +23.48% |
| Q3 2018 | 2018-09-30 | $43.2M | $8.9M | +25.95% |
| Q2 2018 | 2018-06-30 | $40.6M | $5.5M | +15.67% |
| Q1 2018 | 2018-03-31 | $36.5M | $3.2M | +9.61% |
| Q4 2017 | 2017-12-31 | $34.5M | $2.4M | +7.62% |
| Q3 2017 | 2017-09-30 | $34.3M | $3.2M | +10.31% |
| Q2 2017 | 2017-06-30 | $35.1M | $4.8M | +15.66% |
| Q1 2017 | 2017-03-31 | $33.3M | $4.4M | +15.22% |
| Q4 2016 | 2016-12-31 | $32.1M | $4.0M | +14.14% |
| Q3 2016 | 2016-09-30 | $31.1M | $4.6M | +17.44% |
| Q2 2016 | 2016-06-30 | $30.3M | $8.7M | +40.20% |
| Q1 2016 | 2016-03-31 | $28.9M | $10.0M | +53.08% |
| Q4 2015 | 2015-12-31 | $28.1M | $11.4M | +68.38% |
| Q3 2015 | 2015-09-30 | $26.5M | $11.8M | +80.51% |
| Q2 2015 | 2015-06-30 | $21.6M | $6.9M | +47.08% |
| Q1 2015 | 2015-03-31 | $18.9M | $6.0M | +46.02% |
| Q4 2014 | 2014-12-31 | $16.7M | $4.6M | +37.58% |
| Q3 2014 | 2014-09-30 | $14.7M | $2.9M | +24.53% |
| Q2 2014 | 2014-06-30 | $14.7M | $4.0M | +37.44% |
| Q1 2014 | 2014-03-31 | $12.9M | $3.6M | +39.05% |
| Q4 2013 | 2013-12-31 | $12.1M | $5.4M | +79.31% |
| Q3 2013 | 2013-09-30 | $11.8M | $2.9M | +33.39% |
| Q2 2013 | 2013-06-30 | $10.7M | $2.9M | +36.36% |
| Q1 2013 | 2013-03-31 | $9.3M | $2.1M | +28.33% |
| Q4 2012 | 2012-12-31 | $6.8M | $421,000 | +6.64% |
| Q3 2012 | 2012-09-30 | $8.8M | $3.1M | +53.99% |
| Q2 2012 | 2012-06-30 | $7.9M | $4.0M | +102.89% |
| Q1 2012 | 2012-03-31 | $7.2M | $4.2M | +136.03% |
| Q4 2011 | 2011-12-31 | $6.3M | — | — |
| Q3 2011 | 2011-09-30 | $5.7M | $3.3M | +135.58% |
| Q2 2011 | 2011-06-30 | $3.9M | — | — |
| Q1 2011 | 2011-03-31 | $3.1M | — | — |
| Q3 2010 | 2010-09-30 | $2.4M | — | — |
Fortinet stock-based compensation trends
Over the last five fiscal years, Fortinet's stock-based compensation increased from $191.7M to $279.5M, a change of $87.8M. The latest reported quarter, Q2 2026, shows $79.3M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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