Fortinet, Inc. Annual Amortization of Intangible Assets in USD from 2011 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Fortinet, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2011 to 2023.
  • Fortinet, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $3.3M, a 26.7% decline year-over-year.
  • Fortinet, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $16M, a 20.4% decline year-over-year.
  • Fortinet, Inc. annual Amortization of Intangible Assets for 2023 was $18.9M, a 18.9% decline from 2022.
  • Fortinet, Inc. annual Amortization of Intangible Assets for 2022 was $23.3M, a 25.9% increase from 2021.
  • Fortinet, Inc. annual Amortization of Intangible Assets for 2021 was $18.5M, a 39.1% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $18.9M -$4.4M -18.9% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $23.3M +$4.8M +25.9% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $18.5M +$5.2M +39.1% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $13.3M +$2.4M +22% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $10.9M +$1.9M +21.1% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $9M +$400K +4.65% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-19
2017 $8.6M -$700K -7.53% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $9.3M +$6.1M +191% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $3.2M +$1.7M +113% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-26
2014 $1.5M -$200K -11.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-01
2013 $1.7M +$700K +70% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $1M +$600K +150% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $400K Jan 1, 2011 Dec 31, 2011 10-K 2014-03-03
* An asterisk sign (*) next to the value indicates that the value is likely invalid.