Fortinet, Inc.

Fortinet, Inc.

FTNTยทNASDAQ

$146.48

-0.45%
TechnologySoftware - Infrastructure

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

At a Glance

Live Snapshot
Market Cap$107.32B
EPS2.4400
P/E Ratio60.03
Earnings Date08/05/2026
3Y+54.0%
5Y+162.0%
10Y+433.0%
3Y+116.0%
5Y+279.0%
10Y+5656.0%
3Y+50.0%
5Y+139.0%
10Y+649.0%
Fortinet, Inc.

Fortinet, Inc. Profit Bridge

FTNT ยท NASDAQ
Revenue6.80B
Cost of Goods Sold (1.30B)
Gross Profit5.50B
Operating Expenses (3.42B)
Operating Income2.08B
Interest Expense (20.10M)
Other Income/Expense210.50M
Pretax Income2.29B
Income Tax (439.10M)
Net Income1.85B
Net Income
1.85B

Profitability Analysis

Gross Margin

80.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

30.6%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

27.3%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

19.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Fortinet, Inc. Income Statement

FTNT โ€ข NASDAQ

Fortinet, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
6.8B
6B
5.3B
4.4B
3.3B
2.6B
2.2B
1.8B
1.5B
1.3B
1B
770.4M
615.3M
533.6M
433.6M
324.7M
252.1M
211.8M
155.4M
123.5M
GROSS PROFIT
(1.3B)
(1.2B)
(1.2B)
(1.1B)
(783M)
(570M)
(505.9M)
(450.4M)
(385.3M)
(337.8M)
(286.8M)
(231M)
(180.6M)
(147.4M)
(113.6M)
(85.2M)
(70M)
(65.5M)
(56.7M)
(41M)
5.5B
4.8B
4.1B
3.3B
2.6B
2B
1.7B
1.4B
1.1B
937.6M
722.5M
539.4M
434.7M
386.2M
320M
239.5M
182.1M
146.3M
98.7M
82.5M
OPERATING INCOME
(3.4B)
(3B)
(2.8B)
(2.4B)
(1.9B)
(1.5B)
(1.3B)
(1.1B)
(999.8M)
(894.7M)
(707.6M)
(480M)
(362.6M)
(285.7M)
(231.1M)
(184.1M)
(156.8M)
(141.4M)
(120.3M)
(88.5M)
(2.6B)
(2.3B)
(2.2B)
(1.9B)
(1.5B)
(1.2B)
(1B)
(875.3M)
(788.9M)
(707.6M)
(541.9M)
(357.2M)
(259.9M)
(204.7M)
(167.5M)
(134.3M)
(114.6M)
(104.4M)
(92.7M)
(67.1M)
(815.5M)
(716.8M)
(613.8M)
(512.4M)
(424.2M)
(341.4M)
(277.1M)
(244.5M)
(210.6M)
(183.1M)
(158.1M)
(122.9M)
(102.7M)
(81.1M)
(63.6M)
(49.8M)
(42.2M)
(37M)
(27.6M)
(21.4M)
2.1B
1.8B
1.2B
969.6M
650.4M
531.8M
351M
234.4M
109.8M
42.9M
14.9M
59.3M
72.1M
100.5M
88.9M
55.3M
25.3M
4.9M
-21.6M
-6M
PRE-TAX INCOME
(20.1M)
(20M)
(21M)
(18M)
(14.9M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
142.2M
135.2M
98.7M
-600K
-10.4M
17.7M
42.5M
26.5M
13.5M
7.3M
5.3M
5.4M
5.3M
5M
3.5M
1.8M
2M
2.6M
3.5M
2.4M
(20M)
-4.6M
-4.6M
-4.6M
-4.6M
-40.2M
(0.0)
(0.0)
(300K)
(4M)
(7.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
210.5M
225.7M
50.5M
-82.2M
-29.6M
9.9M
35M
19.9M
14.2M
200K
2.1M
2.2M
3.9M
4.5M
3.2M
1M
2.2M
4.3M
1.5M
1.9M
2.3B
2B
1.3B
887.4M
620.8M
541.7M
386M
254.3M
124M
43.1M
17M
61.5M
75.9M
105M
92.1M
56.3M
27.5M
9.3M
-20.1M
-4.1M
NET INCOME
(439.1M)
(283.9M)
(143.8M)
(30.8M)
(14.1M)
(53.2M)
(54.3M)
-80.6M
(92.6M)
(10.9M)
(9M)
(36.2M)
(31.7M)
(38.2M)
(29.6M)
(15.1M)
-32.7M
(1.9M)
(1.8M)
(1.2M)
1.9B
1.7B
1.1B
857.3M
606.8M
488.5M
331.7M
334.9M
31.4M
32.2M
8M
25.3M
44.3M
66.8M
62.5M
41.2M
60.2M
7.4M
-21.8M
-5.3M

SEC Filings

FTNT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 12, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
8-K

8-K 2025

N/A

August 22, 2025
August 21, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 08, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 06, 2025
2025
Showing 1 to 10 of 240 filings