FTNT
NASDAQInformation TechnologyLoading…
Fortinet, Inc. - Common Stock
Sector: Information Technology•United States•Market Cap: $62.1B
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- RS 65Fortinet's Edge In A Weak Cybersecurity MarketSeeking Alpha•2d ago•Original source
- RS 65Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. - FTNTBusiness Wire•Mar 20, 2026•Original source
- RS 65Fortinet (FTNT) Suffers a Larger Drop Than the General Market: Key InsightsZacks Investment Research•Mar 20, 2026•Original source
- RS 653 Cybersecurity Stocks to Invest In as AI Reshapes IndustriesMorningstar•Mar 19, 2026•Original source
- RS 65Fortinet, Inc. (FTNT) Discusses Cybersecurity Vision, AI-Driven Convergence, and Operating System Innovations at Investor Briefing TranscriptSeeking Alpha•Mar 14, 2026•Original source
- RS 65
- RS 65Liquid Networx Wins Two Partner of the Year Awards at Fortinet Accelerate 2026Business Wire•Mar 13, 2026•Original source
- RS 65Fortinet (FTNT) Advances While Market Declines: Some Information for InvestorsZacks Investment Research•Mar 12, 2026•Original source
- RS 65How To Buy FTNT Stock At 30% DiscountForbes•Mar 11, 2026•Original source
Financials
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|
| Revenue | 6.80B | 5.96B | 5.30B | 4.42B | 3.34B | 2.59B | 2.16B | 1.80B | 1.49B | 1.28B |
| Cost of Revenue | 1.30B | 1.16B | 1.24B | 1.08B | 783.00M | 570.00M | 505.90M | 450.40M | 385.30M | 337.80M |
| Gross Profit | 5.50B | 4.80B | 4.07B | 3.33B | 2.56B | 2.02B | 1.66B | 1.35B | 1.11B | 937.60M |
| Research and Development Expenses | 815.50M | 716.80M | 613.80M | 512.40M | 424.20M | 341.40M | 277.10M | 244.50M | 210.60M | 183.10M |
| General and Administrative Expenses | 233.40M | 237.80M | 211.30M | 169.00M | 143.50M | 119.50M | 102.10M | 93.00M | 87.90M | 81.10M |
| Selling and Marketing Expenses | 2.35B | 2.04B | 2.01B | 1.69B | 1.35B | 1.07B | 926.90M | 782.30M | 701.00M | 626.50M |
| Selling General and Administrative Expenses | 2.58B | 2.28B | 2.22B | 1.86B | 1.49B | 1.19B | 1.03B | 875.30M | 788.90M | 707.60M |
| Other Expenses | 20.00M | -4.60M | -4.60M | -4.60M | -4.60M | -40.20M | 0 | 0 | 300.00K | 4.00M |
| Operating Expenses | 3.42B | 2.99B | 2.83B | 2.36B | 1.91B | 1.49B | 1.31B | 1.12B | 999.80M | 894.70M |
| Cost and Expenses | 4.72B | 4.15B | 4.06B | 3.45B | 2.69B | 2.06B | 1.81B | 1.57B | 1.39B | 1.23B |
| Net Interest Income | 142.20M | 135.20M | 98.70M | -600.00K | -10.40M | 17.70M | 42.50M | 26.50M | 13.50M | 7.30M |
| Interest Income | 162.30M | 155.20M | 119.70M | 17.40M | 4.50M | 17.70M | 42.50M | 26.50M | 13.50M | 7.30M |
| Interest Expense | 20.10M | 20.00M | 21.00M | 18.00M | 14.90M | 0 | 0 | 0 | 0 | 0 |
| Depreciation and Amortization | 336.30M | 122.80M | 113.40M | 104.30M | 84.40M | 68.80M | 61.60M | 55.70M | 55.50M | 48.50M |
| EBITDA | 2.46B | 2.20B | 1.47B | 1.08B | 727.70M | 610.50M | 447.60M | 290.10M | 165.60M | 95.40M |
| EBIT | 2.31B | 2.08B | 1.35B | 973.50M | 643.30M | 541.70M | 386.00M | 234.40M | 110.10M | 46.90M |
| Non Operating Income Excluding Interest | -230.60M | -275.10M | -113.60M | -3.90M | 7.10M | -9.90M | -35.00M | 0 | -300.00K | -4.00M |
| Operating Income | 2.08B | 1.80B | 1.24B | 969.60M | 650.40M | 531.80M | 351.00M | 234.40M | 109.80M | 42.90M |
| Total Other Income Expenses Net | 210.50M | 225.70M | 50.50M | -82.20M | -29.60M | 9.90M | 35.00M | 19.90M | 14.20M | 200.00K |
| Income Before Tax | 2.29B | 2.03B | 1.29B | 887.40M | 620.80M | 541.70M | 386.00M | 254.30M | 124.00M | 43.10M |
| Income Tax Expense | 439.10M | 283.90M | 143.80M | 30.80M | 14.10M | 53.20M | 54.30M | -80.60M | 92.60M | 10.90M |
| Net Income From Continuing Operations | 1.85B | 1.75B | 1.15B | 856.60M | 606.70M | 488.50M | 331.70M | 334.90M | 31.40M | 32.20M |
| Net Income From Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Adjustments To Net Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 1.85B | 1.75B | 1.15B | 856.60M | 606.70M | 488.50M | 331.70M | 334.90M | 31.40M | 32.20M |
| Net Income Deductions | 0 | 0 | 0 | 700.00K | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrom Line Net Income | — | — | — | — | — | — | — | — | — | — |
| EPS | 2.44 | 2.28 | 1.47 | 1.08 | 0.74 | 0.6 | 0.39 | 0.39 | 0.04 | 0.04 |
| EPS Diluted | 2.43 | 2.26 | 1.46 | 1.06 | 0.73 | 0.58 | 0.38 | 0.38 | 0.04 | 0.04 |
| Weighted Average SHS Out | 743.10M | 764.40M | 778.60M | 791.40M | 816.00M | 821.00M | 855.00M | 845.50M | 871.58M | 863.00M |
| Weighted Average SHS Out Dil | 748.00M | 771.90M | 788.20M | 805.30M | 835.50M | 838.50M | 875.00M | 871.00M | 890.39M | 881.50M |
| Fiscal Year (FMP) | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | 2.02K |
| Gross Profit Margin | 0.81 | 0.81 | 0.77 | 0.75 | 0.77 | 0.78 | 0.77 | 0.75 | 0.74 | 0.74 |
| R&D to Revenue | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 |
| SG&A to Revenue | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
| Interest Burden | 0.99 | 0.98 | 0.95 | 0.91 | 0.97 | 1 | 1 | 1.08 | 1.13 | 0.92 |
| EBIT Margin | 0.34 | 0.35 | 0.26 | 0.22 | 0.19 | 0.21 | 0.18 | 0.13 | 0.07 | 0.04 |
| EBITDA Margin | 0.36 | 0.37 | 0.28 | 0.24 | 0.22 | 0.24 | 0.21 | 0.16 | 0.11 | 0.07 |
| EBT per EBIT | 1.1 | 1.13 | 1.04 | 0.92 | 0.95 | 1.02 | 1.1 | 1.08 | 1.13 | 1 |
| Effective Tax Rate | 0.19 | 0.14 | 0.11 | 0.03 | 0.02 | 0.1 | 0.14 | -0.32 | 0.75 | 0.25 |
| Tax Burden | 0.81 | 0.86 | 0.89 | 0.97 | 0.98 | 0.9 | 0.86 | 1.32 | 0.25 | 0.75 |
| Cont. Operations Profit Margin | 0.27 | 0.29 | 0.22 | 0.19 | 0.18 | 0.19 | 0.15 | 0.19 | 0.02 | 0.03 |
| Bottom Line Profit Margin | 0.27 | 0.29 | 0.22 | 0.19 | 0.18 | 0.19 | 0.15 | 0.19 | 0.02 | 0.03 |
| Operating Cycle | 202.73 | 189.16 | 239.49 | 193.27 | 170.16 | 190.82 | 176.91 | 162.84 | 158.24 | 205.07 |
| Fwd PEG Ratio | 4.54 | 0.75 | 1.1 | 0.98 | 4.14 | 0.93 | 0 | 0.04 | -46.09 | 0.58 |
| Earnings Yield | 0.03 | 0.02 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.03 | 0 | 0.01 |
| Income Quality | 1.4 | 1.29 | 1.69 | 2.02 | 2.47 | 2.22 | 2.44 | 1.91 | 18.93 | 10.74 |