Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
97.36
-2.54 (-2.54%)
At close: Aug 1, 2025, 4:00 PM
97.38
+0.02 (0.02%)
After-hours: Aug 1, 2025, 5:01 PM EDT
Fortinet Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | Jun '20 Jun 30, 2020 | +20 Quarters |
Net Income | 433.4 | 526.2 | 539.9 | 379.8 | 299.3 | 310.9 | 322.9 | 266.3 | 247.7 | 313.8 | 231.6 | 173.5 | 138.4 | 199 | 163.1 | 137.5 | 107.2 | 146.7 | 123.4 | 113.8 | Upgrade |
Depreciation & Amortization | 35.8 | 35.2 | 29.8 | 29.2 | 28.6 | 30.2 | 28.3 | 27.4 | 27.5 | 27.3 | 26.4 | 25.1 | 25.5 | 25.3 | 22.9 | 18.9 | 17.3 | 16.7 | 16.7 | 17.8 | Upgrade |
Other Amortization | 78 | 75.4 | 73.6 | 72.7 | 72 | 70.4 | 68 | 65.4 | 62.5 | 59.5 | 56.7 | 54.6 | 52.5 | 49 | 45.1 | 42.1 | 39.7 | 37.6 | 35.3 | 33.2 | Upgrade |
Loss (Gain) From Sale of Investments | -10.3 | -11.5 | -12.4 | -12.7 | -12.2 | -11.6 | -10.2 | -5.6 | -0.3 | 0.8 | 0.8 | 1.1 | 1.7 | 2.1 | 1.9 | 1.7 | 1.2 | 1.1 | 0.6 | 0.2 | Upgrade |
Loss (Gain) on Equity Investments | - | 5.5 | 5.3 | 12 | - | 9.5 | 5.2 | 5.3 | 22.1 | 45.2 | 6.3 | 8.1 | 8.5 | 4.8 | 2.8 | - | - | - | - | - | Upgrade |
Stock-Based Compensation | 66.1 | 65.8 | 65.9 | 63.9 | 62.3 | 63.4 | 64.3 | 65 | 56.3 | 54.7 | 54.7 | 54.7 | 53.2 | 53.1 | 52.7 | 52.6 | 49.5 | 48.7 | 49.3 | 48.9 | Upgrade |
Other Operating Activities | -35.5 | -11.9 | -116.6 | 3.7 | 9.9 | 4.8 | 4.9 | 5 | 3.8 | 2.4 | -2.1 | 14.3 | 8.3 | 3.3 | 4.2 | -0.1 | 0.4 | 0.2 | 0.3 | 1.2 | Upgrade |
Change in Accounts Receivable | 303.9 | -421.9 | 57.6 | -86.7 | 405.6 | -389.8 | 64.4 | 7.9 | 171.1 | -294 | -43.4 | -134.7 | 15.4 | -203.1 | -5 | 53.1 | 82.5 | -173.3 | -47.6 | -25.1 | Upgrade |
Change in Inventory | -34.1 | 26.3 | 19.7 | 48.7 | 36.5 | -22.5 | -100.8 | -84.9 | -45.3 | -49.4 | -28.5 | -17.7 | -13.5 | 0.1 | 0.6 | -5.4 | -14.7 | -11.2 | -13.1 | -24.6 | Upgrade |
Change in Accounts Payable | 24.6 | 21.8 | 35.2 | -5.6 | -61.6 | -53.5 | 14 | 0.5 | -4.1 | 26.6 | 25.9 | 17.2 | 35.5 | -1.3 | -2.3 | 2.9 | -12.4 | 41.6 | -13.9 | 18.7 | Upgrade |
Change in Unearned Revenue | 57 | 343.4 | 72.7 | 106.9 | 54.8 | 449.1 | 156.9 | 248.6 | 240.7 | 434.7 | 262.2 | 275.1 | 205.5 | 342.3 | 197 | 159.8 | 140.3 | 213 | 98.6 | 93.9 | Upgrade |
Change in Income Taxes | - | - | - | - | - | - | - | - | - | 5.9 | -4 | -1.9 | - | - | - | - | - | - | - | - | Upgrade |
Change in Other Net Operating Assets | -25.6 | -141.1 | -105.3 | -213.5 | 9.1 | -189 | -6.8 | -5.1 | -23.4 | -45 | -67.9 | -97.3 | -47.3 | -105.7 | -18.1 | -34.3 | -79.9 | -9.7 | -19.6 | -37.3 | Upgrade |
Operating Cash Flow | 863.3 | 477.6 | 608.1 | 342 | 830.4 | 191.7 | 551.2 | 515.1 | 677.5 | 528.1 | 483 | 323.4 | 396.1 | 366.8 | 398.8 | 418.2 | 315.9 | 296.5 | 220.8 | 247 | Upgrade |
Operating Cash Flow Growth | 3.96% | 149.14% | 10.32% | -33.61% | 22.57% | -63.70% | 14.12% | 59.28% | 71.04% | 43.97% | 21.11% | -22.67% | 25.39% | 23.71% | 80.62% | 69.31% | -1.10% | 55.73% | -0.18% | 26.60% | Upgrade |
Capital Expenditures | -66.5 | -97.6 | -36.3 | -23.1 | -221.9 | -26.9 | -70.1 | -76.8 | -30.3 | -30.9 | -87.8 | -39.9 | -122.6 | -151.3 | -69 | -23.5 | -52.1 | -32.3 | -35.1 | -30.9 | Upgrade |
Cash Acquisitions | -11.2 | -28.5 | -241.3 | - | -5.7 | - | - | - | - | -30.8 | - | - | - | -1.5 | -63.1 | - | -10.3 | -31 | -6.1 | - | Upgrade |
Investment in Securities | -33.3 | 46.2 | -49.6 | -27 | -42.7 | -44.9 | -41.1 | -347.3 | -12.2 | 279.1 | 385.6 | 334 | 77.2 | -113.5 | -175.4 | -254.7 | -411.1 | -3 | -183.8 | 243.1 | Upgrade |
Other Investing Activities | 0.2 | - | 0.1 | - | - | 0.2 | - | - | 0.1 | - | - | - | - | 0.4 | - | - | - | 1.3 | 0.4 | - | Upgrade |
Investing Cash Flow | -110.8 | -79.9 | -327.1 | -50.1 | -270.3 | -71.6 | -111.2 | -424.1 | -42.4 | 217.4 | 297.8 | 294.1 | -45.4 | -265.9 | -307.5 | -278.2 | -473.5 | -65 | -224.6 | 212.2 | Upgrade |
Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 989.4 | - | - | - | Upgrade |
Total Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | -17.3 | -2.2 | - | - | - | -4.1 | - | Upgrade |
Net Debt Issued (Repaid) | - | - | - | - | - | - | - | - | - | - | - | - | - | -17.3 | -2.2 | - | 989.4 | - | -4.1 | - | Upgrade |
Issuance of Common Stock | 20.2 | 23.4 | 20.1 | 6.2 | 13.4 | 7.8 | 6.7 | 8.1 | 21.2 | 4.4 | 5.8 | 4.9 | 11 | 5.3 | 4.9 | 5.9 | 9.9 | 3.9 | 2.5 | 8.3 | Upgrade |
Repurchase of Common Stock | -52.9 | -21.3 | -17.1 | -20.2 | -42.9 | -917.9 | -635.4 | -25.2 | -34.5 | -28.3 | -532.2 | -835.1 | -756 | -620.8 | -121.3 | -126.2 | -41.4 | -55.8 | -27.6 | -177.2 | Upgrade |
Other Financing Activities | - | -10.9 | - | - | -0.8 | - | -0.2 | -0.6 | -0.4 | -3.5 | -0.2 | -0.1 | -1 | -0.8 | -0.1 | -0.6 | -1.9 | -0.1 | -1.1 | - | Upgrade |
Financing Cash Flow | -32.7 | -8.8 | 3 | -14 | -30.3 | -910.1 | -628.9 | -17.7 | -13.7 | -27.4 | -526.6 | -830.3 | -746 | -633.6 | -118.7 | -120.9 | 956 | -52 | -30.3 | -168.9 | Upgrade |
Foreign Exchange Rate Adjustments | 0.9 | -2.3 | 2.1 | -1 | -1.4 | 1.1 | -0.6 | -1.2 | -0.1 | 0.8 | -0.2 | -0.7 | -0.3 | -0.3 | 0.2 | - | - | - | - | - | Upgrade |
Net Cash Flow | 720.7 | 386.6 | 286.1 | 276.9 | 528.4 | -788.9 | -189.5 | 72.1 | 621.3 | 718.9 | 254 | -213.5 | -395.6 | -533 | -27.2 | 19.1 | 798.4 | 179.5 | -34.1 | 290.3 | Upgrade |
Free Cash Flow | 796.8 | 380 | 571.8 | 318.9 | 608.5 | 164.8 | 481.1 | 438.3 | 647.2 | 497.2 | 395.2 | 283.5 | 273.5 | 215.5 | 329.8 | 394.7 | 263.8 | 264.2 | 185.7 | 216.1 | Upgrade |
Free Cash Flow Growth | 30.95% | 130.58% | 18.85% | -27.24% | -5.98% | -66.85% | 21.74% | 54.60% | 136.64% | 130.72% | 19.83% | -28.17% | 3.68% | -18.43% | 77.60% | 82.65% | -9.60% | 84.50% | -8.84% | 21.54% | Upgrade |
Free Cash Flow Margin | 51.75% | 22.89% | 37.91% | 22.23% | 44.96% | 11.65% | 36.05% | 33.90% | 51.27% | 38.75% | 34.38% | 27.52% | 28.64% | 22.36% | 38.03% | 49.27% | 37.14% | 35.32% | 28.52% | 34.99% | Upgrade |
Free Cash Flow Per Share | 1.03 | 0.49 | 0.74 | 0.41 | 0.79 | 0.21 | 0.61 | 0.55 | 0.82 | 0.63 | 0.49 | 0.35 | 0.33 | 0.26 | 0.39 | 0.47 | 0.32 | 0.32 | 0.22 | 0.26 | Upgrade |
Cash Income Tax Paid | 26.8 | 155.9 | 139.8 | 252.1 | 31.1 | 341.4 | 26.3 | 37.9 | 20.7 | 62.6 | 68.5 | 110.3 | 18.8 | 57.5 | 21.6 | 24.7 | 23.6 | 12.1 | 9.3 | 18.3 | Upgrade |
Levered Free Cash Flow | 834.83 | 193.5 | 642.7 | 293.98 | 704.68 | 7.05 | 405.64 | 405.94 | 620.16 | 249.26 | 303.94 | 206.7 | 301.08 | 37.95 | 285.24 | 345.43 | 236.9 | 182.83 | 131.63 | 163.46 | Upgrade |
Unlevered Free Cash Flow | 837.89 | 196.56 | 645.83 | 297.1 | 707.86 | 10.43 | 409.01 | 409.19 | 623.29 | 252.08 | 306.75 | 209.51 | 303.89 | 40.76 | 288.11 | 348.24 | 237.71 | 182.83 | 131.63 | 163.46 | Upgrade |
Change in Net Working Capital | -444 | 241 | -218.7 | 118.5 | -566.1 | 367.4 | -129.1 | -153.8 | -336.4 | 82 | -90.9 | 6.9 | -200.9 | 70 | -132.3 | -165.8 | -107.5 | -6.8 | 13.9 | -20.2 | Upgrade |
Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.