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General information

Country: UNITED STATES

Sector: Software — Infrastructure

Categories: @cybersecurity   @artificial-intelligence   

Fortinet, Inc. provides network security solutions. The Company offers network security appliances, related software, and subscription services. Fortinet systems integrate the industry"s broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (IPS), web filtering, antispam, and traffic shaping.
Website: fortinet.com



Growth: Good revenue growth rate 14.8%, there is acceleration compared to average historical growth rates 14.6%. The revenue growth dynamics is moderately stable Site traffic for the last 3 months showed a change of -5.6%

Profitability: LTM EBITDA margin is positive, +38.1%. On average the margin is decreasing unsteadily. Gross margin is high, +80.5%. In the last quarter the company beat the estimated EPS, +17.2%. The company was ahead of estimated EPS in 100% of quarters (showing a gain of +$0.04 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -0.7% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 67.8% higher than minimum and 27.5% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 4.1x by EV / Sales multiple , the company can be 57.8% overvalued

Insiders: For the last 3 months insiders sold company shares on $42.3 mln (-0.065% of cap.)

Key Financials (Download financials)

Ticker: FTNT
Share price, USD:  (0.0%)83.07
year average price 91.55  


year start price 107.39 2025-02-08

max close price 114.57 2025-02-19

min close price 74.39 2025-08-08

current price 83.07 2026-02-07
Common stocks: 802 636 026

Dividend Yield:  0.0%
FCF Yield LTM: -0.7%
EV / LTM EBITDA: 25.5x
EV / EBITDA annualized: 21.4x
Last revenue growth (y/y):  +14.8%
Last growth of EBITDA (y/y):  +11.3%
Historical revenue growth:  +14.6%
Historical growth of EBITDA:  +37.0%
EV / Sales: 9.7x
Margin (EBITDA LTM / Revenue): 38.1%
Fundamental value created in LTM:
Market Cap ($m): 66 675
Net Debt ($m): -2 586
EV (Enterprise Value): 64 089
Price to Book: 90.7x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2026-02-06zacks.com

Fortinet Q4 Earnings & Revenues Beat Estimates, Increase Y/Y

2026-02-06proactiveinvestors.com

Fortinet fourth quarter earnings beat driven by enterprise demand

2026-02-06barrons.com

Fortinet Stock Rises After Earnings Beat. Why It Can Dodge the Tech Selloff.

2026-02-05seekingalpha.com

Fortinet, Inc. (FTNT) Q4 2025 Earnings Call Transcript

2026-02-05zacks.com

Fortinet (FTNT) Surpasses Q4 Earnings and Revenue Estimates

2026-02-03zacks.com

Fortinet Gears Up to Report Q4 Earnings: How to Play the Stock

2026-02-02zacks.com

Gear Up for Fortinet (FTNT) Q4 Earnings: Wall Street Estimates for Key Metrics

2026-01-27247wallst.com

JPMorgan Just Revealed its Top Short Ideas. Time to Sell?

2026-01-26zacks.com

Why Fortinet (FTNT) is a Top Momentum Stock for the Long-Term

2026-01-24defenseworld.net

Fortinet, Inc. (NASDAQ:FTNT) Receives Average Rating of “Hold” from Analysts
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2025 q4 2025 q3 2025 q2 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4
date 2025-12-31 2025-09-30 2025-06-30 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31
symbol FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
filingDate 2026-02-05 2025-02-21 2024-02-26 2023-02-24 2022-02-25 2021-02-19
acceptedDate 2026-02-05 16:07:06 2025-11-06 18:02:33 2025-08-07 19:33:38 2025-02-21 17:25:20 2024-11-08 16:03:38 2024-08-07 17:39:34 2024-05-06 16:34:04 2024-02-23 18:25:06 2023-11-06 18:42:23 2023-08-07 17:22:37 2023-05-08 16:56:07 2023-02-23 21:22:11 2022-11-07 16:58:41 2022-02-25 16:15:15 2021-02-19 16:39:22
fiscalYear 2025 2024 2023 2022 2021 2020
period FY Q3 Q2 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 FY FY
revenue 6 800M 1 725M 1 630M 5 956M 1 508M 1 434M 1 353M 5 305M 1 335M 1 293M 1 262M 4 417M 1 150M 3 342M 2 594M
costOfRevenue 1 303M 319M 302M 1 158M 263M 275M 305M 1 237M 318M 296M 308M 1 085M 283M 783M 570M
grossProfit 5 497M 1 406M 1 328M 4 798M 1 245M 1 159M 1 049M 4 068M 1 017M 997M 955M 3 333M 867M 2 559M 2 024M
researchAndDevelopmentExpenses 816M 202M 210M 717M 187M 165M 173M 614M 157M 153M 151M 512M 134M 424M 341M
generalAndAdministrativeExpenses 233M 61M 57M 238M 72M 57M 54M 211M 54M 50M 53M 169M 41M 144M 120M
sellingAndMarketingExpenses 2 348M 584M 592M 2 045M 516M 501M 501M 2 006M 504M 516M 478M 1 686M 427M 1 346M 1 072M
sellingGeneralAndAdministrativeExpenses 2 581M 645M 649M 2 283M 588M 558M 556M 2 217M 558M 566M 531M 1 855M 468M 1 489M 1 191M
otherExpenses 20M 13M 13M -5M -1M -2M -3M -5M -6M -6M 3M -5M 0 -5M -40M
operatingExpenses 3 416M 860M 872M 2 995M 775M 723M 729M 2 827M 715M 718M 682M 2 363M 602M 1 909M 1 493M
costAndExpenses 4 719M 1 179M 1 173M 4 152M 1 037M 998M 1 033M 4 064M 1 033M 1 014M 990M 3 448M 885M 2 692M 2 063M
netInterestIncome 142M 135M 99M -600 000 -10M 18M
interestIncome 162M 41M 45M 155M 42M 38M 32M 120M 37M 32M 21M 17M 5M 5M 18M
interestExpense 20M 6M 5M 20M 5M 5M 5M 21M 5M 5M 5M 18M 5M 15M 0
depreciationAndAmortization 152M 0 38M 123M 30M 29M 29M 113M 28M 27M 50M 104M 30M 84M 69M
ebitda 2 423M 601M 560M 2 201M 661M 465M 349M 1 468M 362M 332M 324M 1 078M 296M 728M 611M
ebit 2 271M 2 079M 1 355M 974M 643M 542M
nonOperatingIncomeExcludingInterest -189M -275M -114M -4M 7M -10M
operatingIncome 2 082M 546M 457M 1 803M 471M 436M 320M 1 241M 303M 279M 274M 970M 266M 650M 532M
totalOtherIncomeExpensesNet 210M 49M 60M 226M 156M 32M 25M 51M -6M -6M 18M -82M -800 000 -30M 10M
incomeBeforeTax 2 292M 595M 517M 2 029M 626M 468M 345M 1 292M 328M 299M 291M 887M 265M 621M 542M
incomeTaxExpense 439M 121M 77M 284M 81M 77M 40M 144M -300 000 28M 21M 31M 27M 14M 53M
netIncomeFromContinuingOperations 1 853M 1 745M 1 148M 857M 607M 489M
netIncomeFromDiscontinuedOperations 0 0 0 0 0 0
otherAdjustmentsToNetIncome 0 0 0 0 0 0
netIncome 1 853M 474M 440M 1 745M 540M 380M 299M 1 148M 323M 266M 248M 857M 232M 607M 489M
netIncomeDeductions 0 0 0 700 000 0 0
bottomLineNetIncome 1 853M 1 745M 1 148M 857M 607M 489M
eps 2.44 0.63 0.57 2.28 0.71 0.5 0.39 1.47 0.41 0.34 0.32 1.08 0.29 0.74 0.6
epsDiluted 2.43 2.26 1.46 1.06 0.73 0.58
weightedAverageShsOut 743M 763M 767M 764M 765M 764M 762M 779M 781M 785M 783M 791M 786M 816M 821M
weightedAverageShsOutDil 748M 770M 775M 772M 772M 770M 771M 788M 791M 796M 793M 805M 799M 836M 839M
fillingDate 2025-11-07 2025-08-08 2024-11-08 2024-08-08 2024-05-06 2023-11-07 2023-08-07 2023-05-08 2022-11-07
calendarYear 2025 2025 2024 2024 2024 2023 2023 2023 2022
grossProfitRatio 0.815 0.815 0.825 0.808 0.775 0.762 0.771 0.756 0.754
ebitdaratio 0.348 0.344 0.438 0.324 0.258 0.271 0.257 0.256 0.257
operatingIncomeRatio 0.316 0.28 0.312 0.304 0.237 0.227 0.216 0.217 0.231
incomeBeforeTaxRatio 0.345 0.317 0.415 0.327 0.255 0.246 0.231 0.231 0.23
netIncomeRatio 0.275 0.27 0.358 0.265 0.221 0.242 0.206 0.196 0.201
epsdiluted 0.62 0.57 0.7 0.49 0.39 0.41 0.33 0.31 0.29
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Balance Sheet Statement

Property 2025 q4 2025 q3 2025 q2 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4
date 2025-12-31 2025-09-30 2025-06-30 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31
symbol FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
filingDate 2026-02-05 2025-02-21 2024-02-26 2023-02-24 2022-02-25 2021-02-19
acceptedDate 2026-02-05 16:07:06 2025-11-06 18:02:33 2025-08-07 19:33:38 2025-02-21 17:25:20 2024-11-08 16:03:38 2024-08-07 17:39:34 2024-05-06 16:34:04 2024-02-23 18:25:06 2023-11-06 18:42:23 2023-08-07 17:22:37 2023-05-08 16:56:07 2023-02-23 21:22:11 2022-11-07 16:58:41 2022-02-25 16:15:15 2021-02-19 16:39:22
fiscalYear 2025 2024 2023 2022 2021 2020
period FY Q3 Q2 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 FY FY
cashAndCashEquivalents 2 495M 1 996M 3 369M 2 876M 2 489M 2 203M 1 926M 1 398M 2 187M 2 376M 2 304M 1 683M 964M 1 319M 1 062M
shortTermInvestments 1 087M 1 128M 1 194M 1 191M 1 162M 1 136M 1 097M 1 043M 982M 937M 575M 528M 766M 1 233M 776M
cashAndShortTermInvestments 3 583M 3 123M 4 563M 4 067M 3 652M 3 339M 3 023M 2 440M 3 169M 3 314M 2 879M 2 211M 1 730M 2 552M 1 837M
netReceivables 1 691M 1 168M 1 216M 1 463M 1 044M 1 083M 996M 1 402M 1 014M 1 079M 1 087M 1 262M 963M 808M 720M
accountsReceivables 1 691M 1 463M 1 402M 1 262M 808M 720M
otherReceivables 0 0 0 0 0 0
inventory 400M 427M 405M 316M 354M 383M 440M 485M 468M 376M 303M 265M 216M 176M 140M
prepaids 227M 0 0 0 65M 43M
otherCurrentAssets 0 195M 163M 126M 171M 113M 101M 101M 103M 110M 90M 73M 73M 0 0
totalCurrentAssets 5 900M 4 914M 6 346M 5 972M 5 221M 4 919M 4 560M 4 428M 4 753M 4 878M 4 359M 3 810M 2 982M 3 601M 2 740M
propertyPlantEquipmentNet 1 619M 1 605M 1 545M 1 350M 1 273M 1 243M 1 247M 1 044M 1 038M 982M 917M 899M 890M 688M 448M
goodwill 355M 258M 259M 235M 213M 128M 129M 127M 125M 126M 128M 128M 120M 125M 93M
intangibleAssets 355M 110M 123M 115M 112M 30M 34M 35M 40M 45M 51M 56M 39M 64M 32M
goodwillAndIntangibleAssets 355M 369M 382M 350M 324M 158M 163M 162M 165M 171M 179M 184M 159M 189M 125M
longTermInvestments 340M 289M 112M 0 0 24M 36M 0 2M 4M 16M 46M 84M 441M 118M
taxAssets 0 1 368M 1 457M 1 336M 1 300M 999M 943M 869M 789M 729M 650M 569M 516M 342M 245M
otherNonCurrentAssets 2 176M 817M 799M 756M 733M 710M 714M 756M 734M 722M 712M 720M 706M 659M 368M
totalNonCurrentAssets 4 489M 4 448M 4 295M 3 792M 3 631M 3 134M 3 102M 2 831M 2 727M 2 608M 2 474M 2 418M 2 354M 2 319M 1 304M
otherAssets 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0
totalAssets 10 389M 9 361M 10 641M 9 763M 8 852M 8 053M 7 662M 7 259M 7 479M 7 486M 6 832M 6 228M 5 336M 5 919M 4 045M
totalPayables 231M 191M 204M 243M 148M 142M
accountPayables 231M 221M 245M 191M 178M 132M 135M 204M 254M 238M 238M 243M 215M 148M 142M
otherPayables 0 0 0 0 0 0
accruedExpenses 668M 594M 666M 486M 392M 295M
shortTermDebt 500M 499M 499M 0 0 0 1 0 220M 183M 0 0 0 0 0
capitalLeaseObligationsCurrent 0 0 0 0 0 0
taxPayables 0 0 0 0 0 0 0 64M 220M 183M 71M 68M 68M 80M 90M
deferredRevenue 0 3 461M 3 413M 3 276M 3 081M 2 975M 2 912M 2 849M 2 647M 2 588M 2 463M 2 349M 2 129M 1 777M 1 393M
otherCurrentLiabilities 3 636M 605M 620M 0 625M 618M 753M 0 528M 492M 560M 0 436M 0 0
totalCurrentLiabilities 5 034M 4 786M 4 777M 4 061M 3 884M 3 725M 3 800M 3 719M 3 649M 3 501M 3 262M 3 078M 2 780M 2 318M 1 830M
longTermDebt 497M 497M 496M 994M 994M 993M 993M 992M 992M 991M 991M 990M 990M 988M 0
capitalLeaseObligationsNonCurrent 0 0 0 0 0 0
deferredRevenueNonCurrent 3 480M 3 190M 3 155M 3 085M 0 2 921M 2 878M 2 886M 2 638M 2 541M 2 418M 2 291M 2 065M 1 676M 1 213M
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 -1 0 0 62M 59M 0 0 0 0 0
otherNonCurrentLiabilities 141M 154M 153M 130M 3 066M 125M 129M 125M 65M 73M 151M 150M 835M 139M 147M
totalNonCurrentLiabilities 4 118M 3 840M 3 804M 4 209M 4 060M 4 039M 3 999M 4 003M 3 756M 3 664M 3 559M 3 431M 3 179M 2 803M 1 359M
otherLiabilities 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0
capitalLeaseObligations 0 0 0 0 0 0 90M 0 65M 0 0 0 0 0 0
totalLiabilities 9 152M 8 626M 8 581M 8 269M 7 944M 7 765M 7 800M 7 722M 7 405M 7 165M 6 821M 6 510M 5 959M 5 121M 3 189M
treasuryStock 0 0 0 0 0 0
preferredStock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
commonStock 700 000 700 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 800 000 200 000
retainedEarnings -508M -959M 364M -117M -643M -1 183M -1 562M -1 862M -1 299M -1 032M -1 299M -1 546M -1 860M -468M -352M
additionalPaidInCapital 1 770M 1 636M 1 416M 1 284M 1 254M 1 207M
accumulatedOtherComprehensiveIncomeLoss -25M -22M -21M -26M -18M -29M -25M -19M -24M -23M -18M -20M -26M -5M 700 000
otherTotalStockholdersEquity 0 0 0 0 0 0
totalStockholdersEquity 1 238M 735M 2 060M 1 494M 908M 288M -138M -463M 74M 321M 11M -282M -635M 782M 856M
totalEquity 1 238M 735M 2 060M 1 494M 908M 288M -138M -463M 74M 321M 11M -282M -635M 798M 856M
minorityInterest 0 0 0 0 0 0 0 0 0 0 0 0 0 17M 0
totalLiabilitiesAndTotalEquity 10 389M 9 361M 10 641M 9 763M 8 852M 8 053M 7 662M 7 259M 7 479M 7 486M 6 832M 6 228M 5 336M 5 919M 4 045M
totalInvestments 1 427M 1 417M 1 306M 1 191M 1 162M 1 160M 1 133M 1 043M 964M 919M 564M 574M 850M 1 673M 894M
totalDebt 996M 996M 995M 994M 994M 993M 993M 992M 992M 991M 991M 990M 990M 988M 0
netDebt -1 499M -1 000M -2 373M -1 882M -1 496M -1 210M -934M -406M -1 195M -1 385M -1 313M -693M 26M -331M -1 062M
fillingDate 2025-11-07 2025-08-08 2024-11-08 2024-08-08 2024-05-06 2023-11-07 2023-08-07 2023-05-08 2022-11-07
calendarYear 2025 2025 2024 2024 2024 2023 2023 2023 2022
othertotalStockholdersEquity 1 715M 1 716M 1 569M 1 499M 1 449M 1 397M 1 376M 1 327M 1 250M
totalLiabilitiesAndStockholdersEquity 9 361M 10 641M 8 852M 8 053M 7 662M 7 479M 7 486M 6 832M 5 336M
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Cash Flow Statement

Property 2025 q4 2025 q3 2025 q2 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4
date 2025-12-31 2025-09-30 2025-06-30 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31
symbol FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT FTNT
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
filingDate 2026-02-05 2025-02-21 2024-02-26 2023-02-24 2022-02-25 2021-02-19
acceptedDate 2026-02-05 16:07:06 2025-11-06 18:02:33 2025-08-07 19:33:38 2025-02-21 17:25:20 2024-11-08 16:03:38 2024-08-07 17:39:34 2024-05-06 16:34:04 2024-02-23 18:25:06 2023-11-06 18:42:23 2023-08-07 17:22:37 2023-05-08 16:56:07 2023-02-23 21:22:11 2022-11-07 16:58:41 2022-02-25 16:15:15 2021-02-19 16:39:22
fiscalYear 2025 2024 2023 2022 2021 2020
period FY Q3 Q2 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 FY FY
netIncome 1 853M 474M 440M 1 745M 540M 380M 299M 1 148M 323M 266M 248M 857M 231M 607M 489M
depreciationAndAmortization 336M 38M 38M 123M 30M 29M 29M 113M 28M 27M 28M 104M 26M 84M 69M
deferredIncomeTax 66M 0 0 0 0 -56M -74M 0 -5M -300 000 -81M 0 0 0 0
stockBasedCompensation 280M 72M 69M 258M 66M 64M 62M 249M 64M 65M 56M 217M 55M 208M 192M
changeInWorkingCapital -10M 1M -159M -21M 23M -150M 444M 126M 68M 86M 258M 233M 109M 402M 190M
accountsReceivables -216M 46M -41M -45M 58M -87M 406M -146M 64M 8M 171M -457M -43M -73M -176M
inventory -91M -30M -46M 131M 20M 49M 37M -254M -101M -85M -45M -109M -29M -19M -42M
accountsPayables 28M -35M 22M -10M 35M -6M -62M -43M 14M 500 000 -4M 105M 26M -13M 37M
otherWorkingCapital 268M 20M -95M -96M -90M -107M 64M 569M 90M 163M 136M 694M 155M 507M 371M
otherNonCashItems 66M 70M 64M 153M -50M 76M -191M 299M 73M 70M 169M 319M 62M 198M 145M
netCashProvidedByOperatingActivities 2 591M 655M 452M 2 258M 608M 342M 830M 1 936M 551M 515M 678M 1 731M 483M 1 500M 1 084M
investmentsInPropertyPlantAndEquipment -365M -88M -168M -379M -36M -23M -222M -204M -70M -77M -30M -281M -88M -296M -126M
acquisitionsNet -42M 0 -30M -276M 0 0 -6M -9M 33M 0 0 -31M 0 -235M -40M
purchasesOfInvestments -1 996M -536M -474M -1 965M 0 -538M -436M -1 856M -523M -597M -207M -389M 0 -2 351M -1 079M
salesMaturitiesOfInvestments 1 803M 448M 406M 1 892M 0 511M 393M 1 419M 490M 250M 195M 1 465M 386M 1 556M 1 171M
otherInvestingActivities 100 000 100 000 300 000 0 400 000 1M
netCashProvidedByInvestingActivities -599M -727M -649M 764M -1 325M -73M
netDebtIssuance 0 0 0 0 970M -4M
longTermNetDebtIssuance 0 0 0 0 970M -4M
shortTermNetDebtIssuance 0 0 0 0 0 0
netStockIssuance -2 245M 63M -1 457M -1 965M -716M -1 058M
netCommonStockIssuance -2 245M 63M -1 457M -1 965M -716M -1 058M
commonStockIssuance 45M 63M 44M 26M 26M 22M
commonStockRepurchased -2 290M -1 832M -401M -600 000 0 0 -43M -1 501M -604M 0 0 -1 991M -500M -742M -1 080M
netPreferredStockIssuance 0 0 0 0 0 0
netDividendsPaid 0 0 0 0 0 0
commonDividendsPaid 0 0 0 0 0 0
preferredDividendsPaid 0 0 0 0 0 0
otherFinancingActivities -126M -113M -114M -165M -171M -110M
netCashProvidedByFinancingActivities -2 372M -50M -1 570M -2 130M 83M -1 172M
effectOfForexChangesOnCash -600 000 -300 000 400 000 -3M 0 -1 000 000 -1M -800 000 -600 000 -1M -100 000 -400 000 -200 000 -100 000 0
netChangeInCash -381M -1 373M -228M 1 478M 284M 277M 528M -285M -190M 72M 621M 364M 254M 257M -161M
cashAtEndOfPeriod 2 495M 1 996M 3 369M 2 876M 284M 2 203M 1 926M 1 398M 2 187M 2 376M 2 304M 1 683M 964M 1 319M 1 062M
cashAtBeginningOfPeriod 2 876M 3 369M 3 597M 1 398M 0 1 926M 1 398M 1 683M 2 376M 2 304M 1 683M 1 319M 710M 1 062M 1 223M
operatingCashFlow 2 591M 655M 452M 2 258M 608M 342M 830M 1 936M 551M 515M 678M 1 731M 483M 1 500M 1 084M
capitalExpenditure -365M -88M -168M -379M -36M -23M -222M -204M -70M -77M -30M -281M -88M -296M -126M
freeCashFlow 2 226M 568M 284M 1 879M 572M 319M 609M 1 731M 481M 438M 647M 1 449M 395M 1 204M 958M
incomeTaxesPaid 0 579M 426M 260M 127M 40M
interestPaid 0 0 0 0 0 0
fillingDate 2025-11-07 2025-08-08 2024-11-08 2024-08-08 2024-05-06 2023-11-07 2023-08-07 2023-05-08 2022-11-07
calendarYear 2025 2025 2024 2024 2024 2023 2023 2023 2022
otherInvestingActivites 0 -100 000 -291M 0 -43M -41M 371M 100 000 0
netCashUsedForInvestingActivites -176M -266M -327M -50M -270M -111M -424M -42M 298M
debtRepayment 0 0 0 0 0 0 0 0 0
commonStockIssued 6M 11M 20M 6M 13M 7M 8M 21M 6M
dividendsPaid 0 0 0 0 0 0 0 0 0
otherFinancingActivites -27M -24M -17M -20M -44M -31M -26M -35M -32M
netCashUsedProvidedByFinancingActivities -1 852M -414M 3M -14M -30M -629M -18M -14M -527M
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Earning call transcript

2025 q4
2026-02-05 ET (fiscal 2025 q4)
2025 q3
2025-11-05 ET (fiscal 2025 q3)
2025 q2
2025-08-06 ET (fiscal 2025 q2)
2025 q1
2025-05-07 ET (fiscal 2025 q1)
2024 q4
2025-02-06 ET (fiscal 2024 q4)
2024 q3
2024-11-07 ET (fiscal 2024 q3)
2024 q2
2024-08-06 ET (fiscal 2024 q2)
2024 q1
2024-05-02 ET (fiscal 2024 q1)
2023 q4
2024-02-06 ET (fiscal 2023 q4)
2023 q3
2023-11-02 ET (fiscal 2023 q3)
2023 q2
2023-08-03 ET (fiscal 2023 q2)
2023 q1
2023-05-04 ET (fiscal 2023 q1)
2022 q4
2023-02-07 ET (fiscal 2022 q4)
2022 q3
2022-11-02 ET (fiscal 2022 q3)
2022 q2
2022-08-03 ET (fiscal 2022 q2)
2022 q1
2022-05-04 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 8
2026-02-05 16:07 ET
Fortinet reported for 2025 q4
SEC form 8
2026-02-05 16:07 ET
Fortinet published news for 2025 q4
SEC form 8
2025-11-05 21:09 ET
Fortinet reported for 2025 q3
SEC form 8
2025-11-05 21:09 ET
Fortinet published news for 2025 q3
SEC form 10
2025-08-07 19:33 ET
Fortinet reported for 2025 q2
SEC form 8
2025-08-06 20:11 ET
Fortinet published news for 2025 q2
SEC form 8
2025-08-06 20:11 ET
Fortinet published news for 2025 q2
SEC form 10
2025-05-08 20:43 ET
Fortinet published news for 2025 q1
SEC form 10
2025-05-08 00:00 ET
Fortinet published news for 2025 q1
SEC form 8
2025-05-07 20:11 ET
Fortinet published news for 2025 q1
SEC form 8
2025-05-07 20:11 ET
Fortinet reported for 2025 q1
SEC form 10
2025-02-21 22:25 ET
Fortinet published news for 2024 q4
SEC form 10
2025-02-21 00:00 ET
Fortinet published news for 2024 q4
SEC form 8
2025-02-06 16:09 ET
Fortinet reported for 2024 q4
SEC form 8
2025-02-06 16:09 ET
Fortinet published news for 2024 q4
SEC form 10
2024-11-08 16:03 ET
Fortinet reported for 2024 q3
SEC form 8
2024-11-07 16:10 ET
Fortinet published news for 2024 q3
SEC form 8
2024-11-07 16:10 ET
Fortinet published news for 2024 q3
SEC form 10
2024-08-08 00:00 ET
Fortinet published news for 2024 q2
SEC form 8
2024-08-06 21:57 ET
Fortinet published news for 2024 q2
SEC form 8
2024-08-06 21:57 ET
Fortinet published news for 2024 q2
SEC form 8
2024-08-06 16:07 ET
Fortinet published news for 2024 q2
SEC form 8
2024-08-06 16:07 ET
Fortinet reported for 2024 q2
SEC form 10
2024-05-06 00:00 ET
Fortinet published news for 2024 q1
SEC form 8
2024-05-02 16:09 ET
Fortinet published news for 2024 q1
SEC form 8
2024-05-02 16:09 ET
Fortinet reported for 2024 q1
SEC form 10
2024-02-26 00:00 ET
Fortinet published news for 2023 q4
SEC form 8
2024-02-06 00:00 ET
Fortinet published news for 2023 q4
SEC form 8
2024-02-06 00:00 ET
Fortinet published news for 2023 q4
SEC form 10
2023-11-07 00:00 ET
Fortinet published news for 2023 q3
SEC form 8
2023-11-02 16:11 ET
Fortinet reported for 2023 q3
SEC form 10
2023-08-07 00:00 ET
Fortinet published news for 2023 q2
SEC form 6
2023-08-03 16:11 ET
Fortinet reported for 2023 q2
SEC form 8
2023-08-03 00:00 ET
Fortinet published news for 2023 q2
SEC form 6
2023-06-23 16:07 ET
Fortinet published news for 2023 q1
SEC form 10
2023-05-08 00:00 ET
Fortinet published news for 2023 q1
SEC form 8
2023-05-04 00:00 ET
Fortinet published news for 2023 q1
SEC form 10
2023-02-24 00:00 ET
Fortinet reported for 2022 q4
SEC form 10
2023-02-23 21:22 ET
Fortinet reported for 2022 q4
SEC form 6
2023-02-08 16:14 ET
Fortinet published news for 2022 q4
SEC form 6
2023-02-07 16:08 ET
Fortinet published news for 2022 q4
SEC form 8
2023-02-07 00:00 ET
Fortinet reported for 2022 q4
SEC form 10
2022-11-07 16:58 ET
Fortinet reported for 2022 q3
SEC form 10
2022-11-07 00:00 ET
Fortinet reported for 2022 q3
SEC form 6
2022-11-02 16:09 ET
Fortinet published news for 2022 q3
SEC form 8
2022-11-02 00:00 ET
Fortinet reported for 2022 q3
SEC form 10
2022-08-05 16:07 ET
Fortinet reported for 2022 q2
SEC form 10
2022-08-05 00:00 ET
Fortinet reported for 2022 q2
SEC form 6
2022-08-03 16:09 ET
Fortinet published news for 2022 q2
SEC form 8
2022-08-03 00:00 ET
Fortinet reported for 2022 q2
SEC form 6
2022-06-22 16:10 ET
Fortinet published news for 2022 q1
SEC form 6
2022-06-21 17:13 ET
Fortinet published news for 2022 q1
SEC form 10
2022-05-06 16:41 ET
Fortinet reported for 2022 q1
SEC form 10
2022-05-06 00:00 ET
Fortinet reported for 2022 q1
SEC form 6
2022-05-04 16:11 ET
Fortinet published news for 2022 q1
SEC form 8
2022-05-04 00:00 ET
Fortinet reported for 2022 q1
SEC form 6
2022-05-02 16:32 ET
Fortinet published news for 2022 q1
SEC form 6
2022-05-02 16:15 ET
Fortinet published news for 2022 q1
SEC form 6
2022-04-22 16:47 ET
Fortinet published news for 2022 q1
SEC form 6
2022-04-22 16:03 ET
Fortinet published news for 2022 q1
SEC form 10
2022-02-25 16:15 ET
Fortinet published news for 2021 q4
SEC form 10
2022-02-25 00:00 ET
Fortinet published news for 2021 q4
SEC form 6
2022-02-03 16:11 ET
Fortinet published news for 2021 q4
SEC form 8
2022-02-03 00:00 ET
Fortinet published news for 2021 q4
SEC form 6
2022-01-26 16:33 ET
Fortinet published news for 2021 q4
SEC form 10
2021-11-08 17:13 ET
Fortinet published news for 2021 q3
SEC form 10
2021-11-08 00:00 ET
Fortinet published news for 2021 q3
SEC form 6
2021-11-04 16:11 ET
Fortinet published news for 2021 q3
SEC form 8
2021-11-04 00:00 ET
Fortinet published news for 2021 q3
SEC form 6
2021-10-06 17:08 ET
Fortinet published news for 2021 q3
SEC form 10
2021-08-02 16:53 ET
Fortinet published news for 2021 q2
SEC form 10
2021-08-02 00:00 ET
Fortinet published news for 2021 q2
SEC form 6
2021-07-29 16:07 ET
Fortinet published news for 2021 q2
SEC form 8
2021-07-29 00:00 ET
Fortinet published news for 2021 q2
SEC form 6
2021-06-23 16:03 ET
Fortinet published news for 2021 q1
SEC form 10
2021-05-03 17:13 ET
Fortinet published news for 2021 q1
SEC form 10
2021-05-03 00:00 ET
Fortinet published news for 2021 q1
SEC form 6
2021-04-30 16:10 ET
Fortinet published news for 2021 q1
SEC form 6
2021-04-29 16:09 ET
Fortinet published news for 2021 q1
SEC form 8
2021-04-29 00:00 ET
Fortinet published news for 2021 q1
SEC form 6
2021-04-28 16:21 ET
Fortinet published news for 2021 q1
SEC form 6
2021-04-28 13:12 ET
Fortinet published news for 2021 q1
SEC form 6
2021-03-05 16:19 ET
Fortinet published news for 2020 q4
SEC form 6
2021-02-25 17:27 ET
Fortinet published news for 2020 q4
SEC form 10
2021-02-19 16:39 ET
Fortinet published news for 2020 q4
SEC form 6
2021-02-04 16:11 ET
Fortinet published news for 2020 q4
SEC form 6
2020-12-08 17:30 ET
Fortinet published news for 2020 q3
SEC form 10
2020-11-06 17:00 ET
Fortinet published news for 2020 q3
SEC form 6
2020-10-29 16:09 ET
Fortinet published news for 2020 q3
SEC form 6
2020-10-20 16:07 ET
Fortinet published news for 2020 q3