Fortinet Inc.

FTNT | NASDAQ

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$174.53

+$4.69 (+2.76%)

Sep 21, 2026, 1:37 PM ET · Market open

Overview Rating Statistics Financials Earnings Analysts Ownership Profile

Income Statement Balance Sheet Cashflow Statement Ratios

Annual Quarterly TTM

Fiscal Year Period Ending	FY 2025 Dec 30, 2025	FY 2024 Dec 30, 2024	FY 2023 Dec 30, 2023	FY 2022 Dec 30, 2022	FY 2021 Dec 30, 2021	FY 2020 Dec 30, 2020
Revenue	6.8B	5.96B	5.3B	4.42B	3.34B	2.59B
Cost of Revenue	1.3B	1.16B	1.24B	1.08B	783M	570M
Gross Profit	5.5B	4.8B	4.07B	3.33B	2.56B	2.02B
Operating Income	2.08B	1.8B	1.24B	969.6M	650.4M	531.8M
Interest Income	162.3M	155.2M	119.7M	17.4M	4.5M	17.7M
Pretax Income	2.29B	2.03B	1.29B	887.4M	620.8M	541.7M
Net Income	1.85B	1.75B	1.15B	857.3M	606.8M	488.5M
Selling & General & Admin	2.58B	2.28B	2.22B	1.86B	1.49B	1.19B
Research & Development	815.5M	716.8M	613.8M	512.4M	424.2M	341.4M
Other Expenses	20M	-4.6M	-4.6M	-4.6M	-4.6M	-40.2M
Operating Expenses	3.42B	2.99B	2.83B	2.36B	1.91B	1.49B
Interest Expense	20.1M	20M	21M	18M	14.9M	n/a
Selling & Marketing Expenses	2.35B	2.04B	2.01B	1.69B	1.35B	1.07B
Cost & Expenses	4.72B	4.15B	4.06B	3.45B	2.69B	2.06B
Income Tax Expense	439.1M	283.9M	143.8M	30.8M	14.1M	53.2M
Shares Outstanding (Basic)	743.1M	764.4M	778.6M	791.4M	816M	821M
Shares Outstanding (Diluted)	748M	771.9M	788.2M	805.3M	835.5M	838.5M
EPS (Basic)	2.44	2.28	1.47	1.08	0.74	0.60
EPS (Diluted)	2.43	2.26	1.46	1.06	0.73	0.58
EBITDA	2.46B	2.2B	1.47B	1.08B	727.7M	610.5M
EBIT	2.31B	2.08B	1.35B	973.5M	643.3M	541.7M
Depreciation & Amortization	152M	122.8M	113.4M	104.3M	84.4M	68.8M