Fortinet (XSWX:FTNT) Inventories, Finished Goods: CHF305 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 Inventories, Finished Goods?

Fortinet XSWX:FTNT 91 Inventories, Finished Goods is CHF305 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 quarterly finished goods declined from Sep. 2025 (CHF358 Mil) to Dec. 2025 (CHF335 Mil) and declined from Dec. 2025 (CHF335 Mil) to Mar. 2026 (CHF305 Mil).

Fortinet's annual finished goods declined from Dec. 2023 (CHF385 Mil) to Dec. 2024 (CHF221 Mil) but then increased from Dec. 2024 (CHF221 Mil) to Dec. 2025 (CHF335 Mil).

Fortinet Inventories, Finished Goods Historical Data

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The historical data trend for Fortinet's Inventories, Finished Goods 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 Inventories, Finished Goods Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.80 206.30 385.00 220.50 334.60

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Finished Goods 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 276.70 328.40 358.40 334.60 305.10
XSWX:FTNT
91GF Score
Fortinet Inc XSWX:FTNT
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinet Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of CHF305 Mil mean?
Fortinet (XSWX:FTNT) has a Inventories, Finished Goods of CHF305 Mil as of Mar. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on Fortinet and its competitors.
Is Fortinet's Inventories, Finished Goods too high?
Fortinet's current Inventories, Finished Goods is CHF305 Mil. Overall, Fortinet has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Inventories, Finished Goods compare to ?
Fortinet's Inventories, Finished Goods of CHF305 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 Inventories, Finished Goods for a Software company?
A good Inventories, Finished Goods depends on the Software industry context. However, Inventories, Finished Goods 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 Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Fortinet and its competitors. Fortinet's current Inventories, Finished Goods is CHF305 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 Inventories, Finished Goods of CHF305 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 Inventories, Finished Goods is CHF305 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 Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Fortinet (XSWX:FTNT), the current Inventories, Finished Goods is CHF305 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:

  • Inventories, Finished Goods: CHF305 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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Inventories, Finished Goods is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF127.04
Price
CHF80.86
GF Value