Fortinet (XSWX:FTNT) Tax Provision: CHF-465 Mil (TTM 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 Tax Provision?

Fortinet XSWX:FTNT 91 Tax Provision is CHF-465 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 tax provision for the three months ended in Mar. 2026 was CHF-122 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-465 Mil.

Fortinet Tax Provision Historical Data

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The historical data trend for Fortinet's Tax Provision 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 Tax Provision Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.10 -30.80 -143.80 -283.90 -439.10

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -96.50 -77.10 -120.70 -144.80 -122.00
XSWX:FTNT
91GF Score
Fortinet Inc XSWX:FTNT
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinet Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-465 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of CHF-465 Mil mean?
Fortinet (XSWX:FTNT) has a Tax Provision of CHF-465 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Fortinet and its competitors.
Is Fortinet's Tax Provision too high?
Fortinet's current Tax Provision is CHF-465 Mil. Overall, Fortinet has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Tax Provision compare to ?
Fortinet's Tax Provision of CHF-465 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 Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Fortinet and its competitors. Fortinet's current Tax Provision is CHF-465 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 Tax Provision of CHF-465 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 Tax Provision is CHF-465 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Fortinet (XSWX:FTNT), the current Tax Provision is CHF-465 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:

  • Tax Provision: CHF-465 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

Get the complete analysis for XSWX:FTNT

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

CHF127.04
Price
CHF80.86
GF Value