Fortinet (FTNT)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-07-08
$156.71-1.24%
Close 2026-07-08 · 1-day change
Reading FTNT? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FTNT free→NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-07-08
Reading FTNT? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FTNT free→QuarterlyIQ Insights · FTNT
Income statement, balance sheet, and cash flow — annual and quarterly history, as reported.
Figures in millions of USD, except per-share and ratios.
| TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||
| Revenues | 7,109.5 | 6,799.6 | 5,955.8 | 5,304.8 | 4,417.4 | 3,342.2 | 2,594.4 | 2,156.2 | 1,801.2 | 1,275.4 | 1,275.4 | 1,009.3 | 533.6 | 533.6 | 533.6 | 433.6 |
| Total Revenues | — | — | — | — | — | — | — | — | 1,801.2 | 1,275.4 | 1,275.4 | 1,009.3 | 533.6 | 533.6 | 533.6 | 433.6 |
| Cost of Revenues | 1,400.3 | 1,328.9 | 1,157.6 | 1,237.2 | 1,084.9 | 783.0 | 570.0 | 505.9 | 450.4 | 337.8 | 337.8 | 286.8 | 147.4 | 147.4 | 147.4 | 113.6 |
| Gross Profit | 5,709.2 | 5,470.7 | 4,798.2 | 4,067.6 | 3,332.5 | 2,559.2 | 2,024.4 | 1,650.3 | 1,350.8 | 937.6 | 937.6 | 722.5 | 386.2 | 386.2 | 386.2 | 320.0 |
| Operating Expenses & Income | ||||||||||||||||
| R&D Expenses | 830.9 | 815.5 | 716.8 | 613.8 | 512.4 | 424.2 | 341.4 | 277.1 | 244.5 | 183.1 | 183.1 | 158.1 | 81.1 | 81.1 | 81.1 | 63.6 |
| Operating Income | 2,210.9 | 2,084.7 | 1,803.4 | 1,241.1 | 969.6 | 650.4 | 531.8 | 344.2 | 231.0 | 42.9 | 42.9 | 14.9 | 100.5 | 100.5 | 100.5 | 88.9 |
| Earnings from Continuing Operations | ||||||||||||||||
| Interest Expense | — | 20.1 | 20.0 | 21.0 | 18.0 | 14.9 | 0.0 | — | — | — | — | — | — | — | — | — |
| Other Non-Operating Income / Expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | (0.4) |
| Asset Writedown | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.0 |
| EBT, Incl. Unusual Items | 2,419.5 | 2,282.2 | 2,058.5 | 1,333.7 | 955.5 | 628.4 | 541.7 | 379.2 | 250.9 | 43.1 | 43.1 | 17.0 | 105.0 | 105.0 | 105.0 | 92.1 |
| Income Tax Expense | 464.6 | 439.1 | 283.9 | 143.8 | 30.8 | 14.1 | 53.2 | 52.7 | (81.3) | 11.0 | 11.0 | 9.0 | 38.2 | 38.2 | 38.2 | 29.6 |
| Net Income | ||||||||||||||||
| Minority Interest | — | — | 0.0 | 0.0 | (0.7) | (0.1) | 0.0 | — | — | — | — | — | — | — | — | — |
| Net Income | 1,954.5 | 1,853.4 | 1,745.2 | 1,147.8 | 857.3 | 606.8 | 488.5 | 326.5 | 332.2 | 32.2 | 32.2 | 8.0 | 66.8 | 66.8 | 66.8 | 62.5 |
| Per Share | ||||||||||||||||
| Basic EPS | 2.65 | 2.45 | 2.28 | 1.47 | 1.08 | 0.74 | 0.60 | 1.91 | 1.96 | 0.19 | 0.19 | 0.05 | 0.42 | 0.42 | 0.42 | 0.41 |
| Diluted EPS | 2.63 | 2.42 | 2.26 | 1.46 | 1.06 | 0.73 | 0.58 | 1.87 | 1.91 | 0.18 | 0.18 | 0.05 | 0.40 | 0.40 | 0.40 | 0.38 |
| Revenue per Share | 9.57 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic Weighted Avg Shares | 738.8 | 758.0 | 764.4 | 778.6 | 791.4 | 816.1 | 821.0 | 171.0 | 169.1 | 172.6 | 172.6 | 170.4 | 158.1 | 158.1 | 158.1 | 152.6 |
| Diluted Weighted Avg Shares | 742.8 | 764.6 | 771.9 | 788.2 | 805.3 | 835.3 | 838.3 | 175.0 | 174.2 | 176.3 | 176.3 | 176.1 | 166.3 | 166.3 | 166.3 | 163.8 |
| Supplemental | ||||||||||||||||
| EBITDA | — | 2,236.7 | 1,926.2 | 1,354.5 | 1,073.9 | 734.8 | 600.6 | 405.8 | 286.7 | 91.5 | 91.5 | 46.5 | 112.0 | 112.0 | 112.0 | 95.9 |
| EBIT | 2,210.9 | 2,084.7 | 1,803.4 | 1,241.1 | 969.6 | 650.4 | 531.8 | 344.2 | 231.0 | 42.9 | 42.9 | 14.9 | 100.5 | 100.5 | 100.5 | 88.9 |
| Effective Tax Rate | 19.2% | 19.2% | 13.8% | 10.8% | 3.2% | 2.2% | 9.8% | 13.9% | -32.4% | 25.4% | 25.4% | 53.0% | 36.3% | 36.3% | 36.3% | 32.1% |
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.