Company / Inventory
Fortinet Inventory History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Inventory
$399.5M
FY2025
5-year range
$175.8M / $484.8M
FY2021-FY2025
Trend
+26.6%
vs FY2024
Sector context
#69 of 176
Information Technology
What the data says
At $400M, Fortinet's inventory ranks #69 of 176 in the Information Technology sector. Inventory has fluctuated over the past 10 years, ranging from $77M in FY2017 to $485M in FY2023.
Based on SEC 10-K filings.
$400M in FY2025 with a 5-year CAGR of +23.4%.
Declined from $485M to $400M over the past 2 years.
Information Technology sector context is included.
Inventory over time
Growth rates
- 3-Year CAGR
- +14.7%
- 5-Year CAGR
- +23.4%
- 10-Year CAGR
- -
Sector benchmark
#69 of 176 in Information TechnologyTop 39% of 176This company $399.5M Sector average $1.2B
▼
-65.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +23.4%, indicating consistent growth.
- In FY2025, inventory increased 26.6% year-over-year.
- Ranks #69 out of 176 companies in the Information Technology sector.
- Peak inventory was recorded in FY2023.
Company context
Key Data Points
- Strong profit margin: 28.6%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 254.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | InventoryValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $399.5M | +26.6% |
| FY2024 | $315.5M | -34.9% |
| FY2023 | $484.8M | +83.2% |
| FY2022 | $264.6M | +50.5% |
| FY2021 | $175.8M | +25.8% |
| FY2020 | $139.8M | +18.6% |
| FY2019 | $117.9M | +31.0% |
| FY2018 | $90.0M | +16.4% |
| FY2017 | $77.3M | -27.7% |
| FY2016 | $106.9M | +27.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026