Fortinet (XSWX:FTNT) Beginning Cash Position: CHF2,495 Mil (As of Mar. 2026)


XSWX:FTNT Fortinet Inc XSWX:FTNT
91 GF Score
Price CHF127.04
GF Value CHF80.86
! 5 Warning Signs
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What is Fortinet Beginning Cash Position?

Fortinet XSWX:FTNT 91 Beginning Cash Position is CHF2,495 Mil as of Mar. 2026. GuruFocus rates XSWX:FTNT with a GF Score™ of 91/100 and a GF Value™ of CHF80.86. The stock has 5 warning signs investors should review.

Fortinet's Beginning Cash Position for the quarter that ended in Mar. 2026 was CHF2,495 Mil.

Fortinet's quarterly Beginning Cash Position declined from Sep. 2025 (CHF3,369 Mil) to Dec. 2025 (CHF1,996 Mil) but then increased from Dec. 2025 (CHF1,996 Mil) to Mar. 2026 (CHF2,495 Mil).

Fortinet's annual Beginning Cash Position declined from Dec. 2023 (CHF1,683 Mil) to Dec. 2024 (CHF1,398 Mil) but then increased from Dec. 2024 (CHF1,398 Mil) to Dec. 2025 (CHF2,876 Mil).

Fortinet Beginning Cash Position Related Terms

Fortinet Beginning Cash Position Historical Data

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The historical data trend for Fortinet's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortinet Beginning Cash Position Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,061.80 1,319.10 1,682.90 1,397.90 2,875.90

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,875.90 3,596.60 3,368.50 1,995.70 2,495.30
XSWX:FTNT
91GF Score
Fortinet Inc XSWX:FTNT
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinet Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of CHF2,495 Mil mean?
Fortinet (XSWX:FTNT) has a Beginning Cash Position of CHF2,495 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortinet and its competitors.
Is Fortinet's Beginning Cash Position too high?
Fortinet's current Beginning Cash Position is CHF2,495 Mil. Overall, Fortinet has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Beginning Cash Position compare to ?
Fortinet's Beginning Cash Position of CHF2,495 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortinet and its competitors. Fortinet's current Beginning Cash Position is CHF2,495 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinet stock overvalued right now?
Fortinet (XSWX:FTNT) has a current Beginning Cash Position of CHF2,495 Mil. The stock's GF Value™ is CHF80.86, compared to a current price of CHF127.04 — trading 57.1% above its estimated fair value. The current Beginning Cash Position is CHF2,495 Mil. Fortinet's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Fortinet (XSWX:FTNT), the current Beginning Cash Position is CHF2,495 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortinet (XSWX:FTNT) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinet stock appears to be overvalued. The current stock price of CHF127.04 is trading 57.1% above its estimated GF Value™ of CHF80.86.

Key valuation signals for XSWX:FTNT:

  • Beginning Cash Position: CHF2,495 Mil
  • GF Value™: CHF80.86 vs. price of CHF127.04 (57.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the XSWX:FTNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortinet Business Description

Comparable Companies
Address 909 Kifer Road, Sunnyvale, CA, USA, 94086
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
91GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF127.04
Price
CHF80.86
GF Value