FTNT · 10-Q · 2026Q3 · Full report

Interest Expense Trends

Fortinet, Inc. · 2026-10-30 · Importance 53 · Surprise 82

Third-quarter interest expense declined $3.2 million, or 52%, year over year, to $3.0 million. The reduction primarily reflected repayment of Fortinet's 2026 Senior Notes at maturity in March 2026. Interest income increased $2.0 million to $42.7 million, primarily due to higher average cash and cash-equivalent balances.

Key facts

• Fortinet three-month interest expense decreased $3.2 million year over year, primarily because the 2026 Senior Notes were repaid at maturity in March 2026. source
• Fortinet interest expense decreased $5.3 million, or 34%, in the nine months ended September 30, 2026 compared with the same period in 2025, primarily due to repayment of the 2026 Senior Notes at maturity in March 2026. source