FTNT
Fortinet, Inc.
NASDAQ · USTechnologySoftware - Infrastructure
$160.36-0.77%
Price as of Jul 20, 2026
FTNT financials
Fortinet, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $6.8B | $6.0B | $5.3B | $4.4B |
| Cost of revenue | $1.3B | $1.2B | $1.2B | $1.1B |
| Gross profit | $5.5B | $4.8B | $4.1B | $3.3B |
| Operating expenses | $3.4B | $3.0B | $2.8B | $2.4B |
| Operating income | $2.1B | $1.8B | $1.2B | $969.6M |
| Net income | $1.9B | $1.7B | $1.1B | $857.3M |
| EBITDA | $2.5B | $2.2B | $1.5B | $1.1B |
| Basic EPS | $2.44 | $2.28 | $1.47 | $1.08 |
| Diluted EPS | $2.43 | $2.26 | $1.46 | $1.06 |
| Balance sheet | ||||
| Cash & equivalents | $2.5B | $2.9B | $1.4B | $1.7B |
| Total assets | $10.4B | $9.8B | $7.3B | $6.2B |
| Total liabilities | $9.2B | $8.3B | $7.7B | $6.5B |
| Stockholders’ equity | $1.2B | $1.5B | -$463.4M | -$281.6M |
| Total debt | $996.3M | $994.3M | $992.3M | $990.4M |
| Net debt | -$1.5B | -$1.9B | -$405.6M | -$692.5M |
| Cash flow | ||||
| Operating cash flow | $2.6B | $2.3B | $1.9B | $1.7B |
| Capital expenditure | -$364.8M | -$378.9M | -$204.1M | -$281.2M |
| Free cash flow | $2.2B | $1.9B | $1.7B | $1.4B |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$2.3B | -$600.0K | -$1.5B | -$2.0B |