Interest Expense in USD of Fortinet, Inc. from 2019 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Fortinet, Inc. quarterly and annual Interest Expense history and change rate from 2019 to 2024.
  • Fortinet, Inc. Interest Expense for the quarter ending 30 Jun 2024 was $5,000,000, a 3.8% decline year-over-year.
  • Fortinet, Inc. Interest Expense for the twelve months ending 30 Jun 2024 was $20,900,000, a 8.9% increase year-over-year.
  • Fortinet, Inc. annual Interest Expense for 2024 was $20,000,000, a 4.8% decline from 2023.
  • Fortinet, Inc. annual Interest Expense for 2023 was $21,000,000, a 17% increase from 2022.
  • Fortinet, Inc. annual Interest Expense for 2022 was $18,000,000, a 21% increase from 2021.
Source SEC data
View on sec.gov
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

Fortinet, Inc. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q2 2024 $20,900,000 $5,000,000 -$200,000 -3.8% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2024 2024 Q2
Q1 2024 $21,100,000 $5,100,000 +$100,000 +2% 01 Jan 2024 31 Mar 2024 10-Q 06 May 2024 2024 Q1
Q4 2023 $21,000,000 $5,400,000 +$900,000 +20% 01 Oct 2023 31 Dec 2023 10-K 21 Feb 2025 2024 FY
Q3 2023 $20,100,000 $5,400,000 +$900,000 +20% 01 Jul 2023 30 Sep 2023 10-Q 07 Nov 2023 2023 Q3
Q2 2023 $19,200,000 $5,200,000 +$700,000 +16% 01 Apr 2023 30 Jun 2023 10-Q 08 Aug 2024 2024 Q2
Q1 2023 $18,500,000 $5,000,000 +$500,000 +11% 01 Jan 2023 31 Mar 2023 10-Q 06 May 2024 2024 Q1
Q4 2022 $18,000,000 $4,500,000 $0 0% 01 Oct 2022 31 Dec 2022 10-K 21 Feb 2025 2024 FY
Q3 2022 $18,000,000 $4,500,000 -$100,000 -2.2% 01 Jul 2022 30 Sep 2022 10-Q 07 Nov 2023 2023 Q3
Q2 2022 $18,100,000 $4,500,000 $0 0% 01 Apr 2022 30 Jun 2022 10-Q 07 Aug 2023 2023 Q2
Q1 2022 $18,100,000 $4,500,000 +$3,200,000 +246% 01 Jan 2022 31 Mar 2022 10-Q 08 May 2023 2023 Q1
Q4 2021 $14,900,000 $4,500,000 01 Oct 2021 31 Dec 2021 10-K 26 Feb 2024 2023 FY
Q3 2021 $4,600,000 +$4,600,000 01 Jul 2021 30 Sep 2021 10-Q 07 Nov 2022 2022 Q3
Q2 2021 $4,500,000 +$4,500,000 01 Apr 2021 30 Jun 2021 10-Q 05 Aug 2022 2022 Q2
Q1 2021 $1,300,000 01 Jan 2021 31 Mar 2021 10-Q 06 May 2022 2022 Q1
Q3 2020 $0 01 Jul 2020 30 Sep 2020 10-Q 08 Nov 2021 2021 Q3
Q2 2020 $0 01 Apr 2020 30 Jun 2020 10-Q 02 Aug 2021 2021 Q2

Fortinet, Inc. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $20,000,000 -$1,000,000 -4.8% 01 Jan 2024 31 Dec 2024 10-K 21 Feb 2025 2024 FY
2023 $21,000,000 +$3,000,000 +17% 01 Jan 2023 31 Dec 2023 10-K 21 Feb 2025 2024 FY
2022 $18,000,000 +$3,100,000 +21% 01 Jan 2022 31 Dec 2022 10-K 21 Feb 2025 2024 FY
2021 $14,900,000 +$14,900,000 01 Jan 2021 31 Dec 2021 10-K 26 Feb 2024 2023 FY
2020 $0 $0 01 Jan 2020 31 Dec 2020 10-K 24 Feb 2023 2022 FY
2019 $0 01 Jan 2019 31 Dec 2019 10-K 25 Feb 2022 2021 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.