Fortinet, Inc. Annual Interest Expense in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Fortinet, Inc. quarterly/annual Interest Expense history and growth rate from 2019 to 2023.
  • Fortinet, Inc. Interest Expense for the quarter ending June 30, 2024 was $5M, a 3.85% decline year-over-year.
  • Fortinet, Inc. Interest Expense for the twelve months ending June 30, 2024 was $20.9M, a 8.85% increase year-over-year.
  • Fortinet, Inc. annual Interest Expense for 2023 was $21M, a 16.7% increase from 2022.
  • Fortinet, Inc. annual Interest Expense for 2022 was $18M, a 20.8% increase from 2021.
  • Fortinet, Inc. annual Interest Expense for 2021 was $14.9M.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $21M +$3M +16.7% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $18M +$3.1M +20.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $14.9M +$14.9M Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $0 $0 Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $0 Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.