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Fortinet FTNT
$ 184.13 1.76%
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Quarterly report 2026-Q2
added 07-30-2026

Fortinet Financial Statements 2025-2008 | FTNT

Annual Financial Statements Fortinet

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

93.1 B 84.4 B 85.9 B 87.3 B 48.5 B 23.5 B 20.2 B 12.7 B 7.97 B 5.66 B 4.79 B 4.9 B 3.6 B 3.06 B 3.43 B 221 M - -

Shares

758 M 764 M 779 M 791 M 163 M 162 M 171 M 169 M 174 M 173 M 170 M 164 M 162 M 158 M 153 M 141 M 52.7 M -

Historical Prices

123 110 110 110 297 145 115 76.6 46 33.3 28.1 29.9 21.2 23.6 22.8 1.57 - -

Net Income

1.85 B 1.75 B 1.15 B 857 M 607 M 488 M 326 M 332 M 31.4 M 32.2 M 7.99 M 25.3 M 44.3 M 66.8 M 62.5 M 41.2 M 60.2 M -

Revenue

6.8 B 5.96 B 5.3 B 4.42 B 3.34 B 2.59 B 2.16 B 1.8 B 1.49 B 1.28 B 1.01 B 770 M 615 M 534 M 434 M - - -

Cost of Revenue

1.33 B 1.16 B 1.24 B 1.08 B 783 M 570 M 506 M 450 M 385 M 338 M 287 M 231 M 181 M 147 M 114 M 85.2 M 70 M -

Gross Profit

5.47 B 4.8 B 4.07 B 3.33 B 2.56 B 2.02 B 1.65 B 1.35 B 1.11 B 938 M 722 M 539 M 435 M 386 M 320 M 239 M 182 M -

Operating Income

2.08 B 1.8 B 1.24 B 970 M 650 M 532 M 351 M 234 M 110 M 42.9 M 14.9 M 59.3 M 72.1 M 100 M 88.9 M 55.3 M 25.3 M -

Interest Expense

20.1 M 20 M 21 M 18 M 14.9 M - - -6.6 M 700 K -7.1 M -3.17 M -3.17 M -1.46 M -485 K -354 K -815 K - -

EBITDA

2.24 B 1.93 B 1.35 B 1.07 B 735 M 560 M 406 M 287 M 166 M 95.5 M 54.1 M 81.4 M 87.7 M 112 M 95.9 M 61 M 31.3 M -

Operating Expenses

3.39 B 2.99 B 2.83 B 2.36 B 1.91 B 1.53 B 1.31 B 1.12 B 1 B 891 M 700 M 480 M 363 M 286 M 231 M 184 M 157 M -

General and Administrative Expenses

233 M 238 M 211 M 169 M 144 M 120 M 102 M 93 M 87.9 M 81.1 M 71.5 M 41.3 M 34.9 M 25.5 M 22 M 22.4 M 18.3 M -

All numbers in USD currency

Quarterly Income Statement Fortinet

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

733 M 739 M 756 M 766 M 768 M 767 M 765 M 764 M 762 M 761 M 781 M 785 M 783 M 782 M 786 M 795 M 803 M 810 M 818 M 163 M 163 M 162 M 162 M 162 M 171 M 172 M 171 M 171 M 170 M 170 M 170 M 169 M 168 M 168 M 176 M 176 M 174 M 173 M 173 M 172 M 172 M 171 M 172 M 170 M 168 M 166 M 164 M 163 M 162 M 162 M 163 M 162 M 161 M 160 M 159 M 157 M 156 M 155 M 153 M 152 M 150 M

Net Income

606 M 534 M 474 M 440 M 433 M - 540 M 380 M 299 M - 323 M 266 M 248 M - 232 M 174 M 138 M - 163 M 138 M 107 M - 123 M 114 M 105 M - 80.2 M 72.7 M 58.8 M - 58.7 M 49.3 M 41.6 M - 26.7 M 23 M 10.7 M - 6.29 M -1.39 M 2.12 M - 8.17 M 792 K 1.56 M - 4.06 M 6.08 M 8.39 M - 11 M 8.98 M 12.2 M - 17.2 M 14 M 14.2 M - 17.9 M 14.5 M 13.6 M

Revenue

2.05 B 1.85 B 1.72 B 1.63 B 1.54 B - 1.51 B 1.43 B 1.35 B - 1.33 B 1.29 B 1.26 B - 1.15 B 1.03 B 955 M - 867 M 801 M 710 M - 651 M 618 M 578 M - 548 M 522 M 473 M - 454 M 441 M 399 M - 374 M 364 M 341 M - 317 M 311 M 285 M - 260 M 240 M 213 M - 193 M 184 M 169 M - 155 M 147 M 136 M - 136 M 129 M 117 M - 116 M 103 M 93.3 M

Cost of Revenue

405 M 364 M 332 M 315 M 293 M - 263 M 275 M 305 M - 318 M 296 M 308 M - 283 M 251 M 254 M - 211 M 187 M 157 M - 139 M 135 M 129 M - 124 M 128 M 113 M - 112 M 113 M 97.2 M - 93.6 M 95.7 M 90.6 M - 84.8 M 84.5 M 77.6 M - 71.7 M 69.5 M 63.6 M - 56.9 M 57.8 M 50.7 M - 43.9 M 43.7 M 39.1 M - 37.8 M 37.1 M 31 M - 31.1 M 26.6 M 23.4 M

Gross Profit

1.64 B 1.49 B 1.39 B 1.32 B 1.25 B - 1.24 B 1.16 B 1.05 B - 1.02 B 997 M 954 M - 866 M 779 M 701 M - 656 M 614 M 554 M - 512 M 482 M 449 M - 424 M 393 M 360 M - 342 M 328 M 302 M - 281 M 268 M 250 M - 232 M 227 M 207 M - 188 M 170 M 149 M - 136 M 126 M 118 M - 111 M 104 M 96.7 M - 98.5 M 91.8 M 86.2 M - 85.3 M 76.5 M 69.8 M

Operating Income

689 M 580 M 547 M 458 M 454 M - 471 M 437 M 321 M - 303 M 279 M 274 M - 266 M 195 M 151 M - 166 M 148 M 122 M - 127 M 119 M 117 M - 101 M 75.2 M 50.6 M - 62.8 M 50.7 M 32.4 M - 33.7 M 28.5 M 5.4 M - 5.49 M -4.04 M -3.69 M - -1.84 M 2.95 M 898 K - 15.5 M 11.1 M 12.8 M - 18.3 M 13.8 M 15.4 M - 25.8 M 21 M 18.7 M - 26.2 M 18.8 M 17.4 M

Interest Expense

900 K 47.9 M 13 M 18.9 M 26.1 M - 11.8 M 5 M -2.9 M - -7 M 5.2 M 5 M - 4.5 M 4.5 M 4.5 M - 4.6 M 4.5 M 1.3 M - - - -8 M - -6 M -400 K -500 K - 900 K -5 M -200 K - 400 K 1.2 M 300 K - -787 K -1.35 M -1.31 M - -653 K -830 K -677 K - -1 M -574 K -389 K - -1.15 M -100 K 215 K - -317 K 73 K -71 K - - - -

EBITDA

770 M 620 M 586 M 496 M 490 M - 495 M 495 M 350 M - 327 M 302 M 301 M - 342 M 214 M 176 M - 226 M 163 M 139 M - 179 M 154 M 134 M - 146 M 106 M 66.3 M - 104 M 77.5 M 45.6 M - 74.9 M 56 M 18.9 M - 40.4 M 17.8 M 6.86 M - 20.4 M 16.3 M 7.25 M - 32 M 22.1 M 17.2 M - 29.8 M 21.1 M 18.9 M - 33.8 M 26 M 20.8 M - 31.3 M 22.1 M 19.1 M

Operating Expenses

954 M 905 M 846 M 857 M 793 M - 774 M 722 M 727 M - 714 M 718 M 681 M - 601 M 584 M 550 M - 490 M 467 M 432 M - 385 M 364 M 332 M - 323 M 318 M 309 M - 280 M 278 M 269 M - 247 M 239 M 245 M - 226 M 231 M 211 M - 190 M 167 M 148 M - 121 M 115 M 105 M - 92.5 M 89.9 M 81.3 M - 72.7 M 70.9 M 67.5 M - 59.1 M 57.7 M 52.4 M

General and Administrative Expenses

61.1 M 56.2 M 61.4 M 56.9 M 57.8 M - 71.7 M 56.6 M 54.4 M - 53.5 M 49.9 M 52.8 M - 40.7 M 45.4 M 38.6 M - 35.8 M 34.4 M 32 M - 29.4 M 28.9 M 28.8 M - 26.1 M 24.3 M 24.5 M - 22.5 M 23.5 M 25 M - 21 M 21.9 M 22.6 M - 22 M 22.2 M 19.4 M - 21.2 M 18 M 12 M - 9.79 M 10.4 M 9.01 M - 9.38 M 8.79 M 7.99 M - 7.45 M 6.24 M 5.79 M - 5.36 M 5.85 M 5.27 M

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Fortinet FTNT
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Fortinet plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
Sumo Logic Sumo Logic
SUMO
- - $ 1.49 B usaUSA
Ping Identity Holding Corp. Ping Identity Holding Corp.
PING
- - $ 2.46 B usaUSA
Absolute Software Corporation Absolute Software Corporation
ABST
- - $ 811 M canadaCanada
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
- - $ 18.1 B israelIsrael
Brightcove Brightcove
BCOV
- - $ 192 K usaUSA
ANSYS ANSYS
ANSS
- - $ 32.7 B usaUSA
Coupa Software Incorporated Coupa Software Incorporated
COUP
- - $ 6.12 B usaUSA
Anaplan Anaplan
PLAN
- 0.03 % $ 9.54 B usaUSA
Amdocs Limited Amdocs Limited
DOX
$ 58.46 0.58 % $ 6.75 B guernseyGuernsey
Formula Systems (1985) Ltd. Formula Systems (1985) Ltd.
FORTY
$ 118.15 4.09 % $ 1.8 B israelIsrael
SailPoint Technologies Holdings SailPoint Technologies Holdings
SAIL
$ 20.29 0.44 % $ 1.88 B usaUSA
American Software American Software
AMSWA
- -2.14 % $ 369 M usaUSA
PROS Holdings PROS Holdings
PRO
- - $ 1.1 B usaUSA
Nuance Communications Nuance Communications
NUAN
- -0.04 % $ 17.6 B usaUSA
CYREN Ltd. CYREN Ltd.
CYRN
- -18.15 % $ 1.77 M usaUSA
Evolving Systems Evolving Systems
EVOL
- -8.47 % $ 13.9 M usaUSA
GreenSky GreenSky
GSKY
- 1.59 % $ 1.88 B usaUSA
GSE Systems GSE Systems
GVP
- - $ 11.4 M usaUSA
Altair Engineering Altair Engineering
ALTR
- - $ 9.4 B usaUSA
Citrix Systems Citrix Systems
CTXS
- - $ 13.2 B usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
- 0.02 % $ 668 M usaUSA
EVO Payments EVO Payments
EVOP
- - $ 1.77 B usaUSA
Micro Focus International plc Micro Focus International plc
MFGP
- - $ 1.81 B britainBritain
Model N Model N
MODN
- - $ 1.14 B usaUSA
Eventbrite Eventbrite
EB
$ 4.51 1.58 % $ 436 M usaUSA
Domo Domo
DOMO
$ 3.55 0.13 % $ 145 M usaUSA
LivePerson LivePerson
LPSN
$ 3.1 0.97 % $ 24.3 M usaUSA
Gridsum Holding Inc. Gridsum Holding Inc.
GSUM
- - $ 68.3 M chinaChina
FireEye, Inc. FireEye, Inc.
FEYE
- -3.41 % $ 4.13 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
- - $ 10.1 B usaUSA
Square Square
SQ
- 0.67 % $ 52.9 B usaUSA
Cornerstone OnDemand, Inc. Cornerstone OnDemand, Inc.
CSOD
- - $ 3.84 B usaUSA
NIC Inc. NIC Inc.
EGOV
- - $ 2.31 B usaUSA
Intelligent Systems Corporation Intelligent Systems Corporation
INS
- 0.18 % $ 346 M usaUSA
J2 Global, Inc. J2 Global, Inc.
JCOM
- 3.07 % $ 6.89 B usaUSA
Mimecast Limited Mimecast Limited
MIME
- - $ 5.35 B britainBritain
Pluralsight, Inc. Pluralsight, Inc.
PS
- - $ 3.33 B usaUSA
QAD Inc. QAD Inc.
QADA
- 0.02 % $ 1.84 B usaUSA
Support.com, Inc. Support.com, Inc.
SPRT
- -38.22 % $ 284 M usaUSA
Mogo Mogo
MOGO
- - $ 111 M canadaCanada
China Index Holdings Limited China Index Holdings Limited
CIH
- - $ 85.7 M chinaChina
Net Element, Inc. Net Element, Inc.
NETE
- 8.63 % $ 83.8 M usaUSA
Zix Corporation Zix Corporation
ZIXI
- 0.12 % $ 482 M usaUSA
Bottomline Technologies (de), Inc. Bottomline Technologies (de), Inc.
EPAY
- - $ 2.56 B usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
- 0.06 % $ 4.74 B canadaCanada
CounterPath Corporation CounterPath Corporation
CPAH
- 0.87 % $ 22.5 M canadaCanada
CooTek (Cayman) Inc. CooTek (Cayman) Inc.
CTK
- 2.36 % $ 6.44 M chinaChina
SVMK Inc. SVMK Inc.
SVMK
- 1.22 % $ 3.14 B usaUSA
Linx S.A. Linx S.A.
LINX
- -1.15 % $ 1.32 B brasilBrasil
Medallia, Inc. Medallia, Inc.
MDLA
- 0.06 % $ 5.47 B usaUSA