Fortinet (FTNT) financial statements

+2597.0%since 2009
FY2025 revenue
$6.8B▲ +14.2%
FY2025 net income
$1.9B▲ +6.2%
FY2025 diluted EPS
$2.42▲ +7.1%
FY2025 free cash flow
$2.2B▲ +18.4%

Fortinet income statement

Fortinet income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue6,8005,9565,305
Gross profit5,4714,7984,068
Operating income2,0851,8031,241
Pretax income2,2822,0591,334
Net income1,8531,7451,148
Diluted earnings per share2.422.261.46

Fortinet balance sheet

Fortinet balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents2,4952,8761,398
Total assets10,3899,7637,259
Total liabilities9,1528,2697,722
Total equity1,2381,494-463
Long-term debt497994992

Fortinet cash flow statement

Fortinet cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow2,5912,2581,936
Capital expenditure-365-379-204
Free cash flow (derived)2,2261,8791,731
Share repurchases-2,290-1-1,500

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)2,0782,0481,8501,905
Operating income (derived)704689580626
Net income (derived)636606535506
Diluted earnings per share0.860.820.72n/a
Operating cash flow (derived)9461,0441,077620
Total assets11,94310,8599,88410,389

Fortinet major shareholders

Fortinet major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management6.2%45,987,68129 April 2026

Fortinet 10-K and SEC filings

Fortinet 10-K and SEC filings
FiledFormTypeDescription
29 October 202610-QQuarterly reportFORM 10-Q
28 October 20268-KCurrent reportFORM 8-K
30 July 202610-QQuarterly reportFORM 10-Q
29 July 20268-KCurrent reportFORM 8-K
16 June 20268-KCurrent reportFORM 8-K
7 May 202610-QQuarterly reportFORM 10-Q
6 May 20268-KCurrent reportFORM 8-K
25 February 202610-KAnnual reportFORM 10-K

Common questions

What was Fortinet's revenue in fiscal 2025?

Fortinet reported $6.8 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 14.2% from fiscal 2024.

What was Fortinet's net income in fiscal 2025?

Fortinet reported net income of $1.9 billion for fiscal 2025, the year ended 31 December 2025, up 6.2% from fiscal 2024. Diluted earnings per share were $2.42.

What was Fortinet's free cash flow in fiscal 2025?

Fortinet had $2.2 billion in free cash flow in fiscal 2025. Operating cash flow was $2.6 billion and capital expenditure was $365 million.

What were Fortinet's total assets at the end of fiscal 2025?

Fortinet reported total assets of $10.4 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Fortinet history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.