FTNT — Fortinet, Inc.

Nasdaq · Information Technology · Technology Hardware, Storage & Peripherals · CIK 1262039 ·
Last close
$145.28
Market Cap
$106.44B
52W High
$150.07
52W Low
$76.01
ADV30
6,526,078
Next earnings
2026-08-05
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 1,849,600,000 1,485,100,000 580,000,000 534,500,000 9,883,500,000 2,223,800,000 8,893,800,000
Dec 2025 1,905,000,000 1,515,800,000 625,600,000 506,000,000 10,389,200,000 2,495,300,000 9,151,700,000
Sep 2025 1,724,900,000 1,393,200,000 547,300,000 473,900,000 9,361,300,000 1,995,700,000 8,626,200,000
Jun 2025 1,630,000,000 1,315,100,000 458,000,000 440,100,000 10,641,400,000 3,368,500,000 8,581,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$2,590,600,000
Investing CF
$-599,100,000
Financing CF
$-2,371,500,000
CapEx
$-364,800,000
Dividends Paid
Buybacks
$-1,889,300,000
EPS Diluted TTM
$2.43
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-507,900,000
Inventory
$399,500,000
Receivables
$1,691,200,000
ST Investments
$1,087,200,000
EBIT TTM
$2,302,300,000
Pretax Income TTM
$2,282,200,000
Interest Exp TTM
$20,100,000
Analysts
36

Yahoo Snapshot (yfinance, live)

Total Revenue
$7,109,499,904
EBITDA
$2,361,400,064
Free Cash Flow
$1,813,049,984
Enterprise Value
$105,704,259,584
Total Cash
$3,294,899,968
Total Debt
$567,200,000
Shares Out
732,648,391
Trailing EPS
$2.58
Book Value
$1.35
ROE
132.4%
ROA
13.6%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 6,799,600,000 2,084,700,000 1,853,400,000 10,389,200,000 9,151,700,000 2,590,600,000
Dec 2024 5,955,800,000 1,803,400,000 1,745,200,000 9,763,100,000 8,269,300,000 2,258,100,000
Dec 2023 5,304,800,000 1,241,100,000 1,147,800,000 7,258,900,000 7,722,300,000 1,935,500,000
Dec 2022 4,417,400,000 969,600,000 857,300,000 6,228,000,000 6,509,600,000 1,730,600,000

TTM Snapshot

Revenues TTM
$4,859,400,000
NetIncome TTM
$1,257,500,000
OpCashFlow TTM
$0
Assets (Latest)
$9,763,100,000
Forward EPS
$3.43

Peers — same industry

TickerNameMarket CapLastDaily %
NCRRP NCR Voyix Corp $121.64B $1002.00
DELL Dell Technologies Inc. $141.09B $434.06
WDC WESTERN DIGITAL CORP $221.92B $643.83
STX Seagate Technology Holdings plc $222.72B $993.25
PANW Palo Alto Networks Inc $232.49B $285.26

News headlines (Yahoo Finance, 1h cache)

Everyone Is Watching Cisco Stock's AI Orders. Here's The Number They Stopped Bragging About.
2026-06-24 21:05 · Yahoo
Fortinet, IBD Stock Of The Day, Gets Network Firewall Boost From AI Data Centers
2026-06-24 20:44 · Yahoo
Forget CrowdStrike. For 0.59% This Fund Owns It Plus 30 Cybersecurity Rivals
2026-06-24 20:28 · Yahoo
Is Fortinet Stock Poised for Strong Growth With AI-Driven Security?
2026-06-24 13:43 · Yahoo
Fortinet Appoints Public Sector Leader and Tech Executive Derek Kan to Its Board of Directors
2026-06-24 13:00 · Yahoo
Dow Jones Futures: Nasdaq Set To Regain Key Level As Korea's Kospi Rebounds, Micron Due; FedEx, Cerebras Tumble
2026-06-24 12:08 · Yahoo
Fortinet (FTNT) Rises As Market Takes a Dip: Key Facts
2026-06-23 21:50 · Yahoo
Palo Alto Networks (PANW) Faces Margin Pressure As Fortinet Gains Ground In SASE
2026-06-23 16:15 · Yahoo
PANW vs. FTNT: Which Cybersecurity Stock Has an Edge Right Now?
2026-06-23 14:04 · Yahoo
Will The Stock Split Spark CrowdStrike’s Next Big Run?
2026-06-23 11:58 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.