Companies / Information Technology / Systems Software
Fortinet stock buybacks
FTNT$2.9Bbought back in the 12 months to Jun 30, 2026
Fortinet bought back $2.9B of its stock in the last twelve months, $2.6B more than it paid out in stock compensation. Its share count is down 4.2% from a year earlier.
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| Period | Value |
|---|---|
| Q3 '20 | $0 |
| Q4 '20 | $34.1M |
| Q1 '21 | $0 |
| Q2 '21 | $91.6M |
| Q3 '21 | $78.4M |
| Q4 '21 | $571.8M |
| Q1 '22 | $691.2M |
| Q2 '22 | $800M |
| Q3 '22 | $500M |
| Q4 '22 | $0 |
| Q1 '23 | $0 |
| Q2 '23 | $0 |
| Q3 '23 | $604.3M |
| Q4 '23 | $896.2M |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $600,000 |
| Q4 '24 | $0 |
| Q1 '25 | $0 |
| Q2 '25 | $401.1M |
| Q3 '25 | $1.8B |
| Q4 '25 | $57.2M |
| Q1 '26 | $823M |
| Q2 '26 | $149.8M |
Show as table
| Period | Value |
|---|---|
| Q3 '20 | 828.0M |
| Q4 '20 | 827.2M |
| Q1 '21 | 832.0M |
| Q2 '21 | 835.4M |
| Q3 '21 | 838.6M |
| Q4 '21 | 835.2M |
| Q1 '22 | 820.8M |
| Q2 '22 | 810.1M |
| Q3 '22 | 798.6M |
| Q4 '22 | 791.7M |
| Q1 '23 | 793.4M |
| Q2 '23 | 795.9M |
| Q3 '23 | 791.2M |
| Q4 '23 | 772.3M |
| Q1 '24 | 770.5M |
| Q2 '24 | 769.9M |
| Q3 '24 | 771.9M |
| Q4 '24 | 775.3M |
| Q1 '25 | 776.8M |
| Q2 '25 | 772.7M |
| Q3 '25 | 761.2M |
| Q4 '25 | 747.7M |
| Q1 '26 | 742.8M |
| Q2 '26 | 739.9M |
$150Mlast quarter (Q2 2026)
$2.6Bnet of stock compensation ($296M)
−4.2%diluted shares, 1 year
−8.8%diluted shares, 5 years
—dividends, 12 months
89%of free cash flow ($3.2B) spent on buybacks
$76Mraised by issuing stock, 12 months
733.7Mshares outstanding (Jul 28, 2026)
Share counts are adjusted for a stock split (5-for-1).
By fiscal year
Questions
- Does Fortinet buy back its stock?
- Fortinet bought back $2.9B of its stock in the last twelve months, $2.6B more than it paid out in stock compensation. Its share count is down 4.2% from a year earlier.
- How much did Fortinet spend on buybacks in fiscal 2025?
- $2.3B, according to its 10-K for the fiscal year ending Dec 31, 2025.
- Is Fortinet's share count going down?
- Its diluted share count changed −8.8% over five fiscal years and −4.2% over the last year.
Latest filing used: 10-Q for the period ending Jun 30, 2026, filed Jul 30, 2026 · open on SEC.gov