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10 /100
LOW RISK
Score updated Oct 13, 2026

FTNT — Fortinet, Inc. Dilution Risk Tracker

Track FTNT dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 13, 2026, Fortinet, Inc. (FTNT) has a DilutionWatch DilutionScore of 10/100, rated LOW dilution risk. Fortinet, Inc. has a market capitalization of $141.56B, 733.71M shares outstanding, 1335 institutional holders tracked.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
19
💰Cash Runway—
📊 Float Risk
2
⚠️ Warrant Exposure
15
🔄 Convertible Debt
15

Dilution Forecast

☀️
Clear
No significant dilution signals
model est. 0%
No significant dilution signals detected for FTNT.
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Market Data

Market Cap$141.56B
Shares Outstanding733.71M
Float617.64M
Cash$4.17B
Debt$496.90M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore10/100DilutionWatch score record
Shares Outstanding733.71MVerified float table or market cache
Public Float617.64MVerified float table or market cache
Market Cap$141.56BMarket data cache
Cash RunwayNot applicable / unavailableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 0.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 14.0% shares (2026Q1 vs prior)
1335 institutional holders · 600.60M shares
#1 BlackRock, Inc. 61.97M shares
#2 BARCLAYS PLC 61.52M shares
#3 VANGUARD CAPITAL MANAGEMENT LLC 39.75M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest12.50M
Days to Cover2.9
% of Float2.0%
FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

FTNT's DilutionScore is currently 10/100 (Low risk), with 1 score change tracked over 89 days. The score improved from 9/100 (Low risk).

Period Score Risk Level Duration
Sep 29 – Oct 13, 202610/100LOW15 days
Jul 16 – Sep 28, 20269/100LOW74 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

FTNT shares outstanding have decreased 1.0% from 739.92M (Apr 2026) to 732.65M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 19, 2026732.65M617.64M▼ 0.01%
May 16, 2026732.65M617.73M▲ 0.01%
May 11, 2026732.10M617.64M▼ 0.83%
May 09, 2026732.10M622.83M▼ 0.11%
May 04, 2026732.10M623.50M▼ 0.20%
Apr 24, 2026739.92M624.73M▲ 0.38%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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