Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
163.21
+1.26 (0.78%)
At close: Aug 3, 2026, 4:00 PM EDT
163.22
+0.01 (0.01%)
After-hours: Aug 3, 2026, 6:14 PM EDT
Fortinet Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Equivalents | 2,935 | 2,224 | 2,495 | 1,996 | 3,369 | 3,597 | 2,876 | 2,489 | 2,203 | 1,926 | 1,398 | 2,187 | 2,376 | 2,304 | 1,683 | 964 | 710 | 923.5 | 1,319 | 1,852 |
Short-Term Investments | 1,135 | 1,071 | 1,087 | 1,128 | 1,194 | 1,184 | 1,191 | 1,211 | 1,136 | 1,097 | 1,043 | 982 | 937.2 | 574.9 | 528.1 | 766.4 | 1,045 | 1,218 | 1,233 | 1,269 |
Cash & Short-Term Investments | 4,070 | 3,295 | 3,583 | 3,123 | 4,563 | 4,781 | 4,067 | 3,701 | 3,339 | 3,023 | 2,440 | 3,169 | 3,314 | 2,879 | 2,211 | 1,730 | 1,755 | 2,142 | 2,552 | 3,121 |
Cash Growth (YoY) | -10.81% | -31.08% | -11.90% | -15.60% | 36.64% | 58.13% | 66.63% | 16.79% | 0.78% | 5.00% | 10.38% | 83.13% | 88.81% | 34.44% | -13.35% | -44.56% | -43.63% | -27.08% | 38.88% | 88.39% |
Accounts Receivable | 1,456 | 1,486 | 1,691 | 1,168 | 1,216 | 1,174 | 1,463 | 1,044 | 1,083 | 996.2 | 1,402 | 1,014 | 1,079 | 1,087 | 1,262 | 963.2 | 919.5 | 790.4 | 807.7 | 604.9 |
Inventory | 426.3 | 369.6 | 399.5 | 426.6 | 405.2 | 362.7 | 315.5 | 354.3 | 383.2 | 439.5 | 484.8 | 467.5 | 376.3 | 302.7 | 264.6 | 215.8 | 195.2 | 184.6 | 175.8 | 177.9 |
Other Current Assets | 256.8 | 181.9 | 227 | 195.2 | 162.5 | 125.4 | 126.1 | 121.5 | 113.4 | 100.9 | 101.1 | 102.6 | 109.5 | 89.7 | 73.1 | 72.8 | 83.3 | 91.7 | 65.4 | 59.7 |
Total Current Assets | 6,208 | 5,333 | 5,900 | 4,914 | 6,346 | 6,443 | 5,972 | 5,221 | 4,919 | 4,560 | 4,428 | 4,753 | 4,878 | 4,359 | 3,810 | 2,982 | 2,953 | 3,208 | 3,601 | 3,964 |
Net Property, Plant & Equipment | 1,700 | 1,692 | 1,619 | 1,605 | 1,545 | 1,404 | 1,350 | 1,273 | 1,243 | 1,247 | 1,044 | 1,038 | 981.9 | 917.4 | 898.5 | 889.5 | 814.6 | 786.5 | 687.6 | 556.6 |
Other Intangible Assets | 77.1 | 87 | 97.3 | 110.2 | 123.3 | 121.2 | 115 | 111.6 | 30.2 | 34.1 | 35.3 | 39.6 | 44.6 | 51.1 | 56 | 38.8 | 45.4 | 55.1 | 63.6 | 71 |
Goodwill | 257.4 | 257.4 | 257.4 | 258.3 | 258.9 | 236.2 | 235.4 | 212.8 | 127.9 | 129 | 126.5 | 125.4 | 126 | 127.8 | 128 | 120.2 | 121.3 | 123.8 | 125.1 | 127.6 |
Long-Term Investments | 399.1 | 339.7 | 339.7 | 289.1 | 112 | 35.2 | - | - | - | - | - | 1.5 | 4.2 | 15.6 | 45.5 | 84 | 188.5 | 360.8 | 440.8 | 298.2 |
Other Long-Term Assets | 2,218 | 2,175 | 2,176 | 2,185 | 2,256 | 2,168 | 2,092 | 2,034 | 1,733 | 1,692 | 1,624 | 1,522 | 1,451 | 1,362 | 1,290 | 1,221 | 1,172 | 1,117 | 1,001 | 953.7 |
Total Assets | 10,859 | 9,884 | 10,389 | 9,361 | 10,641 | 10,407 | 9,763 | 8,852 | 8,053 | 7,662 | 7,259 | 7,479 | 7,486 | 6,832 | 6,228 | 5,336 | 5,295 | 5,651 | 5,919 | 5,971 |
Liabilities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Accounts Payable | 282.5 | 238.7 | 230.8 | 221.3 | 245.2 | 224.5 | 190.9 | 177.9 | 132.1 | 135.2 | 204.3 | 253.9 | 238.3 | 238.4 | 243.4 | 215.1 | 193.1 | 174.7 | 148.4 | 142.3 |
Accrued Expenses | 716.5 | 658.5 | 667.5 | 604.9 | 620.4 | 665.2 | 593.6 | 624.8 | 617.9 | 753.2 | 666 | 527.7 | 491.6 | 560.1 | 485.7 | 435.5 | 428.6 | 442.5 | 392.3 | 422 |
Current Portion of Long-Term Debt | - | - | 499.7 | 499.4 | 499 | 498.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.6 |
Unearned Revenue | 3,842 | 3,726 | 3,636 | 3,461 | 3,413 | 3,339 | 3,276 | 3,081 | 2,975 | 2,912 | 2,849 | 2,647 | 2,588 | 2,463 | 2,349 | 2,129 | 2,013 | 1,893 | 1,777 | 1,616 |
Other Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | 220.1 | 183 | - | - | - | - | - | - | - |
Total Current Liabilities | 4,841 | 4,624 | 5,034 | 4,786 | 4,777 | 4,728 | 4,061 | 3,884 | 3,725 | 3,800 | 3,719 | 3,649 | 3,501 | 3,262 | 3,078 | 2,780 | 2,635 | 2,511 | 2,318 | 2,198 |
Long-Term Debt | 496.9 | 496.8 | 496.6 | 496.5 | 496.3 | 496.2 | 994.3 | 993.8 | 993.3 | 992.8 | 992.3 | 991.8 | 991.3 | 990.9 | 990.4 | 989.9 | 989.4 | 988.9 | 988.4 | 988 |
Other Long-Term Liabilities | 3,970 | 3,774 | 3,621 | 3,344 | 3,308 | 3,220 | 3,214 | 3,066 | 3,046 | 3,006 | 3,011 | 2,764 | 2,673 | 2,568 | 2,441 | 2,189 | 2,050 | 1,919 | 1,814 | 1,649 |
Total Long-Term Liabilities | 4,467 | 4,270 | 4,118 | 3,840 | 3,804 | 3,716 | 4,209 | 4,060 | 4,039 | 3,999 | 4,003 | 3,756 | 3,664 | 3,559 | 3,431 | 3,179 | 3,039 | 2,907 | 2,803 | 2,637 |
Total Liabilities | 9,308 | 8,894 | 9,152 | 8,626 | 8,581 | 8,444 | 8,269 | 7,944 | 7,765 | 7,800 | 7,722 | 7,405 | 7,165 | 6,821 | 6,510 | 5,959 | 5,674 | 5,418 | 5,121 | 4,835 |
Shareholders' Equity
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Common Stock | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.2 | 0.8 | 0.2 |
Additional Paid-in Capital | 1,896 | 1,799 | 1,770 | 1,715 | 1,716 | 1,669 | 1,636 | 1,569 | 1,499 | 1,449 | 1,416 | 1,397 | 1,376 | 1,327 | 1,284 | 1,250 | 1,237 | 1,236 | 1,254 | 1,258 |
Accumulated Other Comprehensive Income | -28.8 | -27.7 | -25.4 | -21.8 | -20.7 | -22.9 | -26.1 | -18 | -29 | -24.8 | -18.9 | -24.3 | -23.1 | -18.1 | -20.2 | -25.5 | -23.4 | -15.4 | -4.8 | -1.2 |
Retained Earnings | -316.7 | -782 | -507.9 | -958.5 | 364.4 | 316.3 | -117.1 | -643.3 | -1,183 | -1,562 | -1,862 | -1,299 | -1,032 | -1,299 | -1,546 | -1,860 | -1,608 | -1,003 | -467.9 | -138.6 |
Total Common Shareholders' Equity | 1,551 | 989.7 | 1,238 | 735.1 | 2,060 | 1,963 | 1,494 | 908.1 | 288.2 | -137.5 | -463.4 | 74.1 | 321.2 | 11.4 | -281.6 | -634.7 | -392.9 | 217.7 | 781.7 | 1,118 |
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.9 | 13.3 | 15.5 | 16.7 | 17.5 |
Shareholders' Equity | 1,551 | 989.7 | 1,238 | 735.1 | 2,060 | 1,963 | 1,494 | 908.1 | 288.2 | -137.5 | -463.4 | 74.1 | 321.2 | 11.4 | -281.6 | -622.8 | -379.6 | 233.2 | 798.4 | 1,136 |
Total Liabilities & Equity | 10,859 | 9,884 | 10,389 | 9,361 | 10,641 | 10,407 | 9,763 | 8,852 | 8,053 | 7,662 | 7,259 | 7,479 | 7,486 | 6,832 | 6,228 | 5,336 | 5,295 | 5,651 | 5,919 | 5,971 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Total Debt | 496.9 | 496.8 | 996.3 | 995.9 | 995.3 | 994.9 | 994.3 | 993.8 | 993.3 | 992.8 | 992.3 | 991.8 | 991.3 | 990.9 | 990.4 | 989.9 | 989.4 | 988.9 | 988.4 | 1,006 |
Net Cash (Debt) | 3,573 | 2,798 | 2,586 | 2,128 | 3,568 | 3,786 | 3,072 | 2,707 | 2,346 | 2,030 | 1,448 | 2,177 | 2,322 | 1,888 | 1,221 | 740.5 | 765.5 | 1,153 | 1,563 | 2,115 |
Net Cash Growth (YoY) | 0.14% | -26.09% | -15.82% | -21.40% | 52.07% | 86.45% | 112.15% | 24.34% | 1.03% | 7.53% | 18.64% | 193.99% | 203.36% | 63.81% | -21.92% | -65.00% | -63.99% | -40.88% | -14.91% | 27.69% |
Net Cash Per Share | 4.78 | 3.70 | 3.38 | 2.76 | 4.61 | 4.89 | 3.98 | 3.51 | 3.02 | 2.60 | 1.84 | 2.75 | 2.92 | 2.37 | 1.52 | 0.91 | 0.93 | 1.39 | 1.87 | 2.54 |
Book Value | 1,551 | 989.7 | 1,238 | 735.1 | 2,060 | 1,963 | 1,494 | 908.1 | 288.2 | -137.5 | -463.4 | 74.1 | 321.2 | 11.4 | -281.6 | -634.7 | -392.9 | 217.7 | 781.7 | 1,118 |
Book Value Per Share | 2.07 | 1.31 | 1.62 | 0.95 | 2.66 | 2.54 | 1.94 | 1.18 | 0.37 | -0.18 | -0.59 | 0.09 | 0.40 | 0.01 | -0.35 | -0.78 | -0.48 | 0.26 | 0.94 | 1.34 |
Tangible Book Value | 1,217 | 645.3 | 882.8 | 366.6 | 1,678 | 1,606 | 1,143 | 583.7 | 130.1 | -300.6 | -625.2 | -90.9 | 150.6 | -167.5 | -465.6 | -793.7 | -559.6 | 38.8 | 593 | 919.5 |
Tangible Book Value Per Share | 1.63 | 0.85 | 1.15 | 0.48 | 2.17 | 2.08 | 1.48 | 0.76 | 0.17 | -0.38 | -0.79 | -0.11 | 0.19 | -0.21 | -0.58 | -0.97 | -0.68 | 0.05 | 0.71 | 1.10 |