Fortinet, Inc.(FTNT:US)
Market Cap$123.913B
Key Metrics
Price$169.13
Revenue (TTM)$7.527B
Holders Revenue (TTM)$2.862B
Gross Profit (TTM)$6.037B
Earnings (TTM)$2.121B
EBITDA (TTM)$2.8B
Op. Margin (TTM)32.44%
Dividend Yield-
Holders Yield2.31%
Cash on hand$2.935B
Total Assets$10.859B
Net Assets$1.551B
Total Debt$496.9M
Key Metrics
Price$169.13
Revenue (TTM)$7.527B
Holders Revenue (TTM)$2.862B
Gross Profit (TTM)$6.037B
Earnings (TTM)$2.121B
EBITDA (TTM)$2.8B
Op. Margin (TTM)32.44%
Dividend Yield-
Holders Yield2.31%
Cash on hand$2.935B
Total Assets$10.859B
Net Assets$1.551B
Total Debt$496.9M
Financials
| Name | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 | Jun 30, 2010 | Mar 31, 2010 | Dec 31, 2009 | Sep 30, 2009 | Jun 30, 2009 | Mar 31, 2009 | Dec 31, 2008 | Sep 30, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $2.048B | $1.85B | $1.905B | $1.725B | - | - | - | - | - | - | - | - | $1.293B | $1.262B | $1.283B | $1.15B | $1.03B | $954.8M | $963.6M | $867.2M | $801.1M | $710.3M | $748M | $651.1M | $617.6M | $577.7M | $614.4M | $548.1M | $521.7M | $472.6M | $507M | $453.9M | $441.3M | $399M | $416.67M | $374.2M | $363.5M | $340.6M | $362.83M | $316.65M | $311.39M | $284.58M | $296.53M | $260.07M | $239.79M | $212.89M | $223.97M | $193.35M | $184.1M | $168.95M | $177.35M | $154.7M | $147.43M | $135.82M | $151.16M | $136.27M | $128.96M | $117.25M | $120.86M | $116.43M | $103.02M | $93.27M | $93.6M | $84.97M | $76.33M | $69.8M | $70.71M | $65.86M | $61.35M | $54.19M | $59.07M | $54.41M |
Cost of Revenue | $404.7M | $364.5M | $389.2M | $331.7M | - | - | - | - | - | - | - | - | $295.8M | $307.8M | $297.3M | $283M | $250.8M | $253.8M | $228.3M | $211.2M | $186.9M | $156.6M | $167M | $139.2M | $135.1M | $128.7M | $140.5M | $124.1M | $128.3M | $113M | $128.5M | $111.6M | $113.1M | $97.2M | $105.42M | $93.6M | $95.7M | $90.6M | $90.89M | $84.8M | $84.5M | $77.64M | $81.98M | $71.7M | $69.5M | $63.6M | $65.62M | $56.89M | $57.76M | $50.74M | $53.88M | $43.93M | $43.71M | $39.13M | $41.44M | $37.81M | $37.13M | $31.04M | $32.49M | $31.14M | $26.56M | $23.42M | $24.22M | $21.44M | $20.17M | $19.38M | $20.91M | $17.43M | $16.98M | $14.65M | $17.85M | $15.84M |
Gross Profit | $1.643B | $1.485B | $1.516B | $1.393B | - | - | - | - | - | - | - | - | $997M | $954.5M | $985.7M | $866.5M | $779.3M | $701M | $735.3M | $656M | $614.2M | $553.7M | $581M | $511.9M | $482.5M | $449M | $473.9M | $424M | $393.4M | $359.6M | $378.5M | $342.3M | $328.2M | $301.8M | $311.25M | $280.6M | $267.8M | $250M | $271.94M | $231.85M | $226.89M | $206.93M | $214.55M | $188.37M | $170.29M | $149.28M | $158.35M | $136.46M | $126.34M | $118.21M | $123.47M | $110.77M | $103.72M | $96.69M | $109.72M | $98.46M | $91.84M | $86.2M | $88.38M | $85.29M | $76.47M | $69.85M | $69.38M | $63.53M | $56.17M | $50.42M | $49.8M | $48.43M | $44.37M | $39.54M | $41.21M | $38.57M |
| $953.9M | $905.1M | $890.2M | $845.9M | - | - | - | - | - | - | - | - | $718M | $681M | $627.9M | $601M | $584M | $550M | $520.4M | $489.6M | $466.7M | $432.1M | $411.6M | $385M | $363.7M | $332.3M | $355.5M | $323.4M | $318.2M | $309M | $293.4M | $279.5M | $277.5M | $269.4M | $269.05M | $246.9M | $239.4M | $244.2M | $225.91M | $224.08M | $230.38M | $210.3M | $199.97M | $184.32M | $167.34M | $148.39M | $138.43M | $121.01M | $115.2M | $105.39M | $98.83M | $92.49M | $89.94M | $81.3M | $74.68M | $72.69M | $70.89M | $67.49M | $61.86M | $59.13M | $57.69M | $52.41M | $48.68M | $45.37M | $46.39M | $43.72M | $42.35M | $38.76M | $39.39M | $36.31M | $34.94M | $35.35M | |
| Research and Development | $225M | $214M | $205M | $202.4M | - | - | - | - | - | - | - | - | $153.3M | $151.1M | $128.9M | $134.3M | $124.3M | $124.9M | $112.6M | $107.8M | $106.6M | $97.2M | $89M | $90M | $82.1M | $80.3M | $71.2M | $69.9M | $67.4M | $68.6M | $65.5M | $58.7M | $61.2M | $59.1M | $54.77M | $53.5M | $51.2M | $51.2M | $45.59M | $47.24M | $45.5M | $44.75M | $42.81M | $42.11M | $37.39M | $35.82M | $33.1M | $30.79M | $29.94M | $29.06M | $27.75M | $26.42M | $25.16M | $23.33M | $20.53M | $20.5M | $20.39M | $19.67M | $16.38M | $16.83M | $15.94M | $14.42M | $12.8M | $12.39M | $12.68M | $11.93M | $10.99M | $10.8M | $10.53M | $9.88M | $8.85M | $9.96M |
| Selling, General, and Administrative | $730.2M | $692.5M | $686.6M | $644.9M | - | - | - | - | - | - | - | - | $565.8M | $531.1M | $500.2M | $467.8M | $460.9M | $426.2M | $409M | $382.9M | $361.3M | $336M | $323.8M | $296.1M | $282.7M | $288.8M | $284.3M | $253.5M | $250.8M | $240.4M | $227.9M | $220.8M | $216.3M | $210.3M | $214.28M | $193.4M | $188.2M | $193M | $180.32M | $176.84M | $184.88M | $165.54M | $157.16M | $142.21M | $129.95M | $112.57M | $105.33M | $90.22M | $85.26M | $76.34M | $71.08M | $66.07M | $64.79M | $57.97M | $54.16M | $52.19M | $50.5M | $47.82M | $45.48M | $42.29M | $41.74M | $37.98M | $35.88M | $32.98M | $33.71M | $31.78M | $31.36M | $27.96M | $28.86M | $26.44M | $26.09M | $25.4M |
| Other Operating Expenses | -$1.3M | -$1.4M | -$1.4M | -$1.4M | - | - | - | - | - | - | - | - | -$1.1M | -$1.2M | -$1.2M | -$1.1M | -$1.2M | -$1.1M | -$1.2M | -$1.1M | -$1.2M | -$1.1M | -$1.2M | -$1.1M | -$1.1M | -$36.8M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income | $689.3M | $580M | $625.6M | $547.3M | - | - | - | - | - | - | - | - | $279M | $273.5M | $357.8M | $265.5M | $195.3M | $151M | $214.9M | $166.4M | $147.5M | $121.6M | $169.4M | $126.9M | $118.8M | $116.7M | $118.4M | $100.6M | $75.2M | $50.6M | $85.1M | $62.8M | $50.7M | $32.4M | $42.2M | $33.7M | $28.4M | $5.8M | $46.03M | $7.77M | -$3.49M | -$3.36M | $14.58M | $4.04M | $2.95M | $898K | $19.92M | $15.45M | $11.14M | $12.82M | $24.64M | $18.28M | $13.78M | $15.39M | $35.04M | $25.77M | $20.95M | $18.72M | $26.52M | $26.16M | $18.78M | $17.45M | $20.7M | $18.16M | $9.78M | $6.7M | $7.45M | $9.68M | $4.98M | $3.23M | $6.27M | $3.22M |
| $30.9M | $76.6M | $25.2M | $47.5M | - | - | - | - | - | - | - | - | $20.2M | $17.6M | $10.4M | -$800K | -$11.4M | -$12.3M | -$7.6M | -$9.7M | -$2.5M | -$2.2M | $2.3M | $1.5M | $4.9M | $1.2M | $9.3M | $5.4M | $10.6M | $9.7M | $7M | $7.8M | $800K | $4.3M | $2.88M | $4.3M | $4.5M | $2.3M | -$2.52M | -$1.18M | -$198K | $106K | -$1.55M | -$5.2M | $534K | $745K | $202K | $334K | $745K | $944K | $899K | $131K | $1.24M | $1.58M | $1.23M | $1M | $1.28M | $1.01M | $851K | $964K | $656K | $698K | $384K | $112K | $486K | $18K | $354K | $364K | $253K | $1.21M | $2.28M | $1.47M | |
| Non-Operating Interest Income | $33.2M | $32.9M | $32.3M | $40.7M | - | - | - | - | - | - | - | - | $31.6M | $20.6M | $9.1M | $4.6M | $2.4M | $1.3M | $1M | $1.2M | $1.2M | $1.1M | $2M | $2.5M | $4M | $9.2M | $9.9M | $11.4M | $11M | $10.2M | $9.3M | $6.9M | $5.8M | $4.5M | $4.06M | $3.9M | $3.2M | $2.4M | $1.96M | $1.89M | $1.71M | $1.75M | $1.18M | $1.33M | $1.36M | $1.42M | $1.4M | $1.34M | $1.32M | $1.33M | $1.32M | $1.28M | $1.34M | $1.37M | $1.4M | $1.32M | $1.2M | $1.09M | $963K | $904K | $863K | $793K | $634K | $514K | $399K | $268K | $304K | $428K | $535K | $714K | $742K | $595K |
| Non-Operating Interest Expense | $3.2M | $4.2M | $4.4M | $6.2M | - | - | - | - | - | - | - | - | $5.2M | $5M | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $4.6M | $4.5M | $1.3M | - | $0 | $0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $900K | $47.9M | -$2.7M | $13M | - | - | - | - | - | - | - | - | -$6.2M | $2M | $5.8M | -$900K | -$9.3M | -$9.1M | -$4.1M | -$6.3M | $800K | -$2M | $300K | -$1M | $900K | -$8M | -$600K | -$6M | -$400K | -$500K | -$2.3M | $900K | -$5M | -$200K | -$1.18M | $400K | $1.3M | -$100K | -$4.48M | -$3.07M | -$1.9M | -$1.64M | -$2.72M | -$6.54M | -$830K | -$677K | -$1.2M | -$1.01M | -$574K | -$389K | -$419K | -$1.15M | -$100K | $215K | -$170K | -$317K | $73K | -$71K | -$112K | $60K | -$207K | -$95K | -$250K | -$402K | $87K | -$250K | $50K | -$64K | -$282K | $494K | $1.54M | $875K |
Income Before Tax | $720.2M | $656.6M | $650.8M | $594.8M | - | - | - | - | - | - | - | - | $299.2M | $291.1M | $368.2M | $264.7M | $183.9M | $138.7M | $207.3M | $156.7M | $145M | $119.4M | $171.7M | $128.4M | $123.7M | $117.9M | $127.7M | $106M | $85.8M | $60.3M | $92.1M | $70.6M | $51.5M | $36.7M | $45.08M | $38M | $32.9M | $8.1M | $43.51M | $6.59M | -$3.69M | -$3.26M | $13.04M | -$1.16M | $3.49M | $1.64M | $20.12M | $15.79M | $11.89M | $13.76M | $25.54M | $18.41M | $15.01M | $16.98M | $36.27M | $26.77M | $22.23M | $19.73M | $27.37M | $27.12M | $19.44M | $18.14M | $21.08M | $18.27M | $10.27M | $6.72M | $7.81M | $10.04M | $5.23M | $4.44M | $8.55M | $4.69M |
Income Tax | $115M | $122M | $144.8M | $120.7M | - | - | - | - | - | - | - | - | $27.6M | $21.3M | $9.2M | $27.3M | $2.4M | -$8.1M | $3.7M | -$9.3M | $7.5M | $12.2M | $25M | $5M | $9.9M | $13.3M | $12.5M | $25.8M | $13.1M | $1.5M | -$90.5M | $11.9M | $2.2M | -$4.9M | $74.04M | $11.3M | $9.9M | -$2.6M | $18.34M | $298K | -$2.3M | -$5.38M | $15.57M | -$9.33M | $2.69M | $83K | $13.31M | $11.73M | $5.81M | $5.37M | $13.53M | $7.38M | $6.04M | $4.73M | $14.76M | $9.57M | $8.28M | $5.56M | $10.88M | $9.21M | $4.94M | $4.56M | $4.94M | $4.25M | $3.4M | $2.5M | -$36.13M | $2.15M | $652K | $663K | $611K | $183K |
Net Income | $606.3M | $534.5M | $506M | $473.9M | - | - | - | - | - | - | - | - | $266.3M | $247.7M | $313.8M | $231.1M | $173.4M | $138.3M | $198.8M | $163.2M | $137.5M | $107.2M | $146.7M | $123.4M | $113.8M | $104.6M | $115.2M | $80.2M | $72.7M | $58.8M | $182.6M | $58.7M | $49.3M | $41.6M | -$28.96M | $26.7M | $23M | $10.7M | $25.17M | $6.29M | -$1.39M | $2.12M | -$2.53M | $8.17M | $792K | $1.56M | $6.81M | $4.06M | $6.08M | $8.39M | $12.02M | $11.03M | $8.98M | $12.25M | $21.51M | $17.21M | $13.95M | $14.17M | $16.49M | $17.92M | $14.49M | $13.59M | $16.14M | $14.02M | $6.87M | $4.22M | $43.94M | $7.89M | $4.58M | $3.77M | $7.94M | $4.51M |
Minority Interests | - | - | - | - | - | - | - | - | - | - | - | - | $0 | $0 | $0 | -$500K | -$100K | -$100K | $200K | -$100K | $0 | $0 | - | $0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Preferred Stock Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income to Common | $606.3M | $534.5M | $506M | $473.9M | - | - | - | - | - | - | - | - | $266.3M | $247.7M | $313.8M | $230.6M | $173.3M | $138.2M | $199M | $163.1M | $137.5M | $107.2M | $146.7M | $123.4M | $113.8M | $104.6M | $115.2M | $80.2M | $72.7M | $58.8M | $182.6M | $58.7M | $49.3M | $41.6M | -$28.96M | $26.7M | $23M | $10.7M | $25.17M | $6.29M | -$1.39M | $2.12M | -$2.53M | $8.17M | $792K | $1.56M | $6.81M | $4.06M | $6.08M | $8.39M | $12.02M | $11.03M | $8.98M | $12.25M | $21.51M | $17.21M | $13.95M | $14.17M | $16.49M | $17.92M | $14.49M | $13.59M | $16.14M | $14.02M | $6.87M | $4.22M | $43.94M | $7.89M | $4.58M | $3.77M | $7.94M | $4.51M |
Shares Outstanding (Basic) | 733.1M | 738.8M | 743.1M | 755.5M | 765.5M | 768.3M | 766.5M | 765M | 763.8M | 762.4M | 764.9M | 781.2M | 785M | 783.2M | 780.9M | 786.2M | 795.4M | 803.4M | 815M | 817.7M | 816.7M | 815M | 812.5M | 810.5M | 808M | 853M | 857.5M | 856.5M | 855.5M | 851M | 852M | 849M | 843M | 838.5M | 857.65M | 877.5M | 878.5M | 872.5M | - | 866.68M | 860.38M | 858.73M | 859.16M | 858.24M | 849.65M | 840.39M | 827.2M | 821.47M | 815.81M | 811.96M | 816.41M | 814.53M | 811.24M | 806.41M | 800.17M | 793.76M | 787.37M | 780.05M | - | 766.33M | 761.34M | 751.54M | - | 718.36M | 684.95M | 671.81M | - | 582.88M | 205.74M | 209.6M | - | - |
Shares Outstanding (Diluted) | 739.9M | 742.8M | 748M | 761.2M | 772.7M | 776.8M | 775.2M | 771.9M | 769.9M | 770.5M | 772.3M | 791.2M | 795.9M | 793.4M | 791.8M | 798.6M | 810.1M | 820.8M | 835M | 838.6M | 835.4M | 832M | 827.5M | 828M | 827M | 871M | 876M | 874M | 875.5M | 874M | 879M | 878.5M | 867.5M | 859M | 857.65M | 895M | 898.5M | 891.5M | - | 889.69M | 860.38M | 872.11M | 859.16M | 889.49M | 881.17M | 868.6M | 854.64M | 848.64M | 841.73M | 840.57M | 844.37M | 843.33M | 840.21M | 839.12M | 834.78M | 833.96M | 830.31M | 828.76M | - | 819.35M | 819.44M | 814.32M | - | 779.21M | 756.37M | 748.78M | - | 641.67M | 640.32M | 209.6M | - | - |
EPS (Basic) | $0.83 | $0.72 | $0.68 | $0.63 | $0.57 | $0.56 | $0.69 | $0.71 | $0.50 | $0.39 | $0.41 | $0.41 | $0.34 | $0.32 | $0.40 | $0.29 | $0.22 | $0.17 | $0.24 | $0.20 | $0.17 | $0.13 | $0.18 | $0.15 | $0.14 | $0.12 | $0.13 | $0.094 | $0.084 | $0.07 | $0.21 | $0.07 | $0.058 | $0.05 | -$0.034 | $0.03 | $0.026 | $0.012 | - | $0.008 | -$0.002 | $0.002 | -$0.002 | $0.01 | $0.00093 | $0.002 | $0.008 | $0.004 | $0.008 | $0.01 | $0.014 | $0.014 | $0.012 | $0.016 | $0.026 | $0.022 | $0.018 | $0.018 | - | $0.024 | $0.02 | $0.018 | - | $0.02 | $0.01 | $0.006 | - | $0.011 | $0 | -$0.007 | - | - |
EPS (Diluted) | $0.82 | $0.72 | $0.68 | $0.62 | $0.57 | $0.56 | $0.68 | $0.70 | $0.49 | $0.39 | $0.40 | $0.41 | $0.33 | $0.31 | $0.40 | $0.29 | $0.21 | $0.17 | $0.24 | $0.19 | $0.16 | $0.13 | $0.18 | $0.15 | $0.14 | $0.12 | $0.13 | $0.092 | $0.084 | $0.068 | $0.21 | $0.066 | $0.056 | $0.048 | -$0.034 | $0.03 | $0.026 | $0.012 | - | $0.008 | -$0.002 | $0.002 | -$0.002 | $0.01 | $0.0009 | $0.002 | $0.008 | $0.004 | $0.008 | $0.01 | $0.014 | $0.014 | $0.01 | $0.014 | $0.026 | $0.02 | $0.016 | $0.018 | - | $0.022 | $0.018 | $0.016 | - | $0.018 | $0.01 | $0.006 | - | $0.01 | $0 | -$0.007 | - | - |
EBIT | $723.4M | $660.8M | $655.2M | $601M | - | - | - | - | - | - | - | - | $304.4M | $296.1M | $372.7M | $269.2M | $188.4M | $143.2M | $211.8M | $161.3M | $149.5M | $120.7M | $169.4M | $128.4M | $123.7M | $116.7M | $118.4M | $100.6M | $75.2M | $50.6M | $85.1M | $62.8M | $50.7M | $32.4M | $42.2M | $33.7M | $28.4M | $5.8M | $46.03M | $7.77M | -$3.49M | -$3.36M | $14.58M | $4.04M | $2.95M | $898K | $19.92M | $15.45M | $11.14M | $12.82M | $24.64M | $18.28M | $13.78M | $15.39M | $35.04M | $25.77M | $20.95M | $18.72M | $26.52M | $26.16M | $18.78M | $17.45M | $20.7M | $18.16M | $9.78M | $6.7M | $7.45M | $9.68M | $4.98M | $3.23M | $6.27M | $3.22M |
EBITDA | $764.8M | $700.6M | $694.7M | $639.4M | - | - | - | - | - | - | - | - | $331.8M | $323.6M | $400M | $295.6M | $213.5M | $168.7M | $237.1M | $184.2M | $168.4M | $138M | $186.1M | $145.1M | $141.5M | $134.3M | $134.1M | $115.6M | $90.4M | $66.3M | $99.8M | $77M | $64.3M | $45.6M | $56.47M | $47.4M | $42.3M | $19.7M | $60.48M | $23.11M | $8.35M | $7.51M | $25.68M | $18.75M | $9.98M | $7.25M | $25.43M | $21.06M | $17.63M | $17.24M | $28.76M | $22.47M | $17.56M | $18.93M | $38.53M | $28.77M | $23.95M | $20.8M | $28.51M | $27.88M | $20.64M | $19.22M | $22.41M | $19.95M | $11.16M | $8.33M | $9.02M | $11.22M | $6.75M | $4.09M | $7.2M | $3.56M |