Fortinet EBITDA 2011-2026 | FTNT

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.^[1]

EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.

EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.

However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.

Annual EBITDA Fortinet

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
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

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
1.93 B	54.1 M	502 M

Quarterly EBITDA Fortinet

2025-Q1	2024-Q4	2024-Q3	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
490 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

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
495 M	6.86 M	121 M

References

Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.

EBITDA of other stocks in the Software industry

Issuer	EBITDA	Price	% 24h	Market Cap	Country
FireEye, Inc. FEYE	-32.3 M	-	-3.41 %	$ 4.13 B	USA
Powerbridge Technologies Co., Ltd. PBTS	-77.3 M	-	2.4 %	$ 115 M	China
Adobe ADBE	9.52 B	$ 234.84	-2.51 %	$ 100 B	USA
Sapiens International Corporation N.V. SPNS	90.2 M	-	-	$ 2.43 B	Curacao
Yalla Group Limited YALA	83.9 M	$ 6.01	-1.64 %	$ 964 M	United-arab-emirates
Akamai Technologies AKAM	1.28 B	$ 114.5	-2.35 %	$ 16.6 B	USA
Zedge ZDGE	-2.53 M	$ 2.84	-3.4 %	$ 39 M	USA
Black Knight BKI	648 M	-	-0.02 %	$ 11.7 B	USA
Guidewire Software GWRE	64.8 M	$ 144.68	-4.4 %	$ 12.1 B	USA
SAP SE SAP	4.66 B	$ 164.02	-1.83 %	$ 160 B	Germany
Net Element, Inc. NETE	-1.46 M	-	8.63 %	$ 83.8 M	USA
ServiceNow NOW	2.56 B	$ 99.41	-4.08 %	$ 103 B	USA
Agora API	-49.9 M	$ 3.41	-1.16 %	$ 1.27 B	China
Altair Engineering ALTR	59.8 M	-	-	$ 9.4 B	USA
Proofpoint, Inc. PFPT	769 K	-	-	$ 10.1 B	USA
Wipro Limited WIT	151 B	$ 2.08	-0.48 %	$ 27.9 B	India
American Software AMSWA	8.55 M	-	-2.14 %	$ 369 M	USA
Zix Corporation ZIXI	36.9 M	-	0.12 %	$ 482 M	USA
Wix.com Ltd. WIX	-312 M	$ 87.14	-2.65 %	$ 4.84 B	Israel
CyberArk Software Ltd. CYBR	-30.8 M	-	-	$ 18.1 B	Israel
Auddia AUUD	-6.14 M	$ 0.77	-5.83 %	$ 1.06 M	USA
GreenBox POS GBOX	-18.6 M	-	5.45 %	$ 43.6 M	USA
Cadence Design Systems CDNS	1.21 B	$ 271.77	-3.15 %	$ 73.7 B	USA
ANSYS ANSS	861 M	-	-	$ 32.7 B	USA
Avalara AVLR	-80.4 M	-	-	$ 8.28 B	USA
Avaya Holdings Corp. AVYA	-1.47 B	-	-	$ 3.47 M	USA
Aware AWRE	-5.98 M	$ 1.25	-8.09 %	$ 26.5 M	USA
Aspen Technology AZPN	403 M	-	-	$ 16.8 B	USA
Cheetah Mobile CMCM	-184 M	$ 5.9	-3.12 %	$ 8.44 B	-
BigCommerce Holdings BIGC	-12.2 M	-	-	$ 371 M	USA
Cloudera, Inc. CLDR	-248 M	-	0.06 %	$ 4.74 B	Canada
Everbridge EVBG	-2.58 M	-	-	$ 1.42 B	USA
Bentley Systems, Incorporated BSY	336 M	$ 34.76	-3.98 %	$ 10.9 B	USA
Cogent Biosciences COGT	-331 M	$ 36.1	-2.09 %	$ 4.65 B	USA
Absolute Software Corporation ABST	-7.14 M	-	-	$ 811 M	Canada
Bottomline Technologies (de), Inc. EPAY	16.9 M	-	-	$ 2.56 B	USA
China Index Holdings Limited CIH	308 M	-	-	$ 85.7 M	China
CDK Global CDK	524 M	-	0.06 %	$ 6.34 B	USA
CounterPath Corporation CPAH	-727 K	-	0.87 %	$ 22.5 M	Canada
Cornerstone OnDemand, Inc. CSOD	142 M	-	-	$ 3.84 B	USA
CooTek (Cayman) Inc. CTK	-39.7 M	-	2.36 %	$ 6.44 M	China
NIC Inc. EGOV	102 M	-	-	$ 2.31 B	USA
Gridsum Holding Inc. GSUM	-500 M	-	-	$ 68.3 M	China
Intelligent Systems Corporation INS	13.4 M	-	0.18 %	$ 346 M	USA
J2 Global, Inc. JCOM	563 M	-	3.07 %	$ 6.89 B	USA
Linx S.A. LINX	111 M	-	-1.15 %	$ 1.32 B	Brasil
CrowdStrike Holdings CRWD	-91.1 M	$ 369.58	-5.87 %	$ 92.6 B	USA
Medallia, Inc. MDLA	-99.3 M	-	0.06 %	$ 5.47 B	USA
Micro Focus International plc MFGP	-266 M	-	-	$ 1.81 B	Britain