Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
160.84
-1.05 (-0.65%)
At close: Aug 12, 2026, 4:00 PM EDT
160.82
-0.02 (-0.01%)
Pre-market: Aug 13, 2026, 6:07 AM EDT
Fortinet Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,121 | 1,853 | 1,745 | 1,148 | 856.6 | 606.7 |
Depreciation & Amortization | 526.3 | 488.3 | 416.5 | 379.7 | 327.6 | 260.3 |
Stock-Based Compensation | 296.1 | 279.5 | 257.9 | 249 | 217.3 | 207.9 |
Other Adjustments | -79.2 | -86.4 | -140.9 | 32.9 | 96.1 | 22.4 |
Change in Receivables | -243.5 | -215.9 | -45.4 | -146.4 | -456.7 | -72.5 |
Changes in Inventories | -49 | -90.6 | 131.2 | -253.5 | -109.1 | -19.4 |
Changes in Accounts Payable | 30.8 | 27.9 | -10.2 | -43.1 | 105.2 | -13.1 |
Changes in Accrued Expenses | 119.6 | 68.3 | -106.7 | 160.8 | 80.2 | 93.9 |
Changes in Unearned Revenue | 1,109 | 754.2 | 577.8 | 1,095 | 1,178 | 839.4 |
Changes in Other Operating Activities | -435 | -488.1 | -567.3 | -687 | -564.1 | -425.9 |
Operating Cash Flow | 3,396 | 2,591 | 2,258 | 1,936 | 1,731 | 1,500 |
Operating Cash Flow Growth | 41.45% | 14.72% | 16.67% | 11.84% | 15.40% | 38.39% |
Capital Expenditures | -279.1 | -364.8 | -378.9 | -204.1 | -281.2 | -295.9 |
Purchases of Investments | -1,776 | -1,996 | -1,965 | -1,864 | -389.1 | -2,511 |
Proceeds from Sale of Investments | 1,634 | 1,803 | 1,892 | 1,419 | 1,465 | 1,556 |
Cash Acquisitions | - | -41.6 | -275.5 | - | -30.8 | -74.9 |
Other Investing Activities | 8.4 | 0.1 | 0.1 | 0.3 | - | 0.4 |
Investing Cash Flow | -412.4 | -599.1 | -727.4 | -649.3 | 763.9 | -1,325 |
Long-Term Debt Issued | - | - | - | - | - | 989.4 |
Long-Term Debt Repaid | -500 | - | - | - | - | -19.5 |
Net Long-Term Debt Issued (Repaid) | -500 | - | - | - | - | 969.9 |
Issuance of Common Stock | 75.7 | 44.7 | 63.1 | 43.8 | 26.1 | 26 |
Repurchase of Common Stock | -2,862 | -2,290 | -0.6 | -1,501 | -1,991 | -741.8 |
Net Common Stock Issued (Repurchased) | -2,786 | -2,245 | 62.5 | -1,457 | -1,965 | -715.8 |
Other Financing Activities | -129.6 | -126.4 | -112.6 | -113.7 | -165.2 | -171.3 |
Financing Cash Flow | -3,415 | -2,372 | -50.1 | -1,570 | -2,130 | 82.8 |
Foreign Exchange Rate Adjustments | -1.9 | -0.6 | -2.6 | -0.8 | -0.4 | -0.1 |
Net Cash Flow | -433.6 | -380.6 | 1,478 | -285 | 363.8 | 257.3 |
Free Cash Flow | 3,117 | 2,226 | 1,879 | 1,731 | 1,449 | 1,204 |
Free Cash Flow Growth | 53.34% | 18.44% | 8.54% | 19.46% | 20.40% | 25.68% |
FCF Margin | 41.41% | 32.73% | 31.55% | 32.64% | 32.81% | 36.02% |
Free Cash Flow Per Share | 4.17 | 2.91 | 2.43 | 2.20 | 1.80 | 1.44 |
Levered Free Cash Flow | 2,644 | 2,249 | 1,808 | 1,596 | 1,593 | 2,016 |
Unlevered Free Cash Flow | 2,997 | 2,079 | 1,617 | 1,555 | 1,674 | 1,075 |