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Fortinet Inc.

FTNT | NASDAQ
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$136.08
-$3.02 (-2.17%)
At close: Oct 30, 2026, 4:00 PM ET
$138.46
+$2.38 (+1.75%)
Pre-market: Nov 2, 2026, 6:08 AM ET
Fiscal Year
Period Ending
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 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

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