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Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
136.08
-3.02 (-2.17%)
At close: Oct 30, 2026, 4:00 PM EDT
136.24
+0.16 (0.12%)
After-hours: Oct 30, 2026, 7:59 PM EDT

Fortinet Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
7,8817,5277,1106,8006,5556,3386,1425,9565,7115,5375,3965,3055,1734,9884,7254,4174,0983,8163,5873,342
Revenue Growth (YoY)
20.23%18.77%15.75%14.17%14.78%14.46%13.83%12.27%10.40%11.02%14.20%20.09%26.22%30.71%31.73%32.17%31.07%31.10%31.52%28.82%
Cost of Revenue
1,5961,4901,4001,3291,2541,1861,1461,1581,1591,2131,2341,2371,2191,1841,1391,0851,016944.1880.2783
Gross Profit
6,2856,0375,7095,4715,3015,1524,9964,7984,5524,3244,1624,0683,9543,8043,5863,3333,0822,8722,7072,559
Selling, General & Admin
2,8342,7542,6732,5812,4762,4192,3282,2832,2642,2342,2422,2172,1552,0651,9601,8551,7641,6791,5791,489
Research & Development
857.4846.4830.9815.5801.6786.5742.4716.8678.2647.8635.7613.8590.2567.6538.6512.4496.1469.6451.9424.2
Operating Expenses
3,6913,6013,5043,3963,2783,2053,0702,9992,9422,8822,8772,8312,7452,6332,4992,3682,2602,1492,0311,913
Operating Income
2,5942,4372,2052,0742,0231,9471,9261,7991,6101,4421,2841,2371,2091,1711,087965822.1723675.2645.8
Interest Expense
-14.8-18-19.4-20.1-20.6-19.4-19.8-20-20.5-20.9-21.1-21-20.1-19.2-18.5-18-18-18.1-18.1-14.9
Interest & Investment Income
141.1139.1150.9162.3172.3174167.3155.2143.4138131.3119.798.365.936.717.49.35.94.74.5
Earnings From Equity Investments
10.8-0.410.34.8-0.3-12.2-29.4-33.4-33.3-26.6-42.1-77.8-78.9-81.7-68.1-27.7-24.2-16.1-7.6
Currency Exchange Gain (Loss)
-4.9-4.9-4.9-4.9-16.9-16.9-16.9-16.9-7-7-7-7-4.6-4.6-4.6-4.6-8.2-8.2-8.2-8.2
Other Non Operating Income (Expenses)
13.2-2.49.49.51617.88.24.16.30.90.75.36.37.58.54.2-1.3-0.40.8-3.4
EBT Excluding Unusual Items
2,7292,5512,3412,2312,1792,1022,0531,8921,6991,5201,3621,2911,2111,1421,028895.9776.2678638.3616.2
Gain (Loss) on Sale of Investments
48.866.472.610.825.922.911.426.412.5-0.9-4.7-4.4-7.1-2.2-6.3-13.1-13.9-20.2-11.3-
Gain (Loss) on Sale of Assets
5.55.55.510.410.29.99.84.64.64.64.54.64.64.64.74.64.64.64.64.6
Other Unusual Items
---39.939.9146.2146.2106.3106.3-----------
Pretax Income
2,7842,6232,4192,2932,2552,2812,2202,0291,8221,5241,3611,2921,2091,1441,026887.4766.9662.4631.6620.8
Income Tax Expense
501.3502.5464.6439.1381341.5340.9283.9292.4210.9162143.857.885.460.230.825.3-11.3-6.214.1
Earnings From Continuing Operations
2,2822,1211,9551,8531,8741,9401,8791,7451,5301,3131,1991,1481,1511,059966856.6741.6673.7637.8606.7
Minority Interest in Earnings
-------------0.50.60.70.90.30.20.1
Net Income
2,2822,1211,9551,8531,8741,9401,8791,7451,5301,3131,1991,1481,1511,059966.6857.3742.5674638606.8
Net Income to Common
2,2822,1211,9551,8531,8741,9401,8791,7451,5301,3131,1991,1481,1511,059966.6857.3742.5674638606.8
Net Income Growth (YoY)
21.81%9.34%4.00%6.20%22.47%47.73%56.69%52.05%32.95%23.93%24.08%33.88%54.98%57.18%51.51%41.28%33.90%30.93%29.91%24.22%
Shares Outstanding (Basic)
737743751758764766766764764768773779782784786791800808813816
Shares Outstanding (Diluted)
743748756765771774773772771776782788793795798805816826833835
Shares Change (YoY)
-3.66%-3.40%-2.25%-0.95%0.04%-0.23%-1.15%-2.07%-2.76%-2.39%-2.00%-2.12%-2.82%-3.78%-4.09%-3.59%-2.09%-0.57%0.45%-0.36%
EPS (Basic)
3.102.862.602.452.452.532.452.282.001.711.551.471.471.351.231.080.930.830.780.74
EPS (Diluted)
3.062.832.582.422.432.512.432.261.991.691.541.461.441.331.201.060.910.820.770.73
EPS Growth (YoY)
25.98%12.81%6.17%7.08%22.04%48.37%57.71%54.80%38.00%26.77%28.11%37.74%58.47%62.56%55.72%45.20%36.61%33.47%30.60%25.86%

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
3,4313,1172,4362,2262,0282,0332,0681,8791,6641,5731,6931,7312,0641,9781,8231,4491,1681,1021,2141,204
Free Cash Flow Per Share
4.624.173.222.912.632.632.672.442.162.032.162.202.602.492.281.801.431.331.461.44
Gross Margin
79.75%80.20%80.30%80.46%80.87%81.29%81.34%80.56%79.70%78.09%77.13%76.68%76.44%76.26%75.90%75.44%75.21%75.26%75.46%76.57%
Operating Margin
32.91%32.37%31.02%30.51%30.86%30.72%31.36%30.20%28.19%26.05%23.80%23.31%23.37%23.48%23.01%21.84%20.06%18.95%18.82%19.32%
Profit Margin
28.96%28.17%27.49%27.26%28.58%30.60%30.60%29.30%26.79%23.71%22.23%21.64%22.25%21.24%20.46%19.41%18.12%17.66%17.79%18.16%
Free Cash Flow Margin
43.54%41.41%34.26%32.73%30.95%32.07%33.66%31.55%29.14%28.41%31.37%32.64%39.90%39.66%38.59%32.81%28.49%28.89%33.83%36.02%
EBITDA
2,7542,5962,3612,2262,1712,0862,0561,9221,7281,5591,3991,3501,3191,2801,1941,069924.4821.8767.8730.2
EBITDA Margin
34.94%34.48%33.22%32.74%33.12%32.91%33.48%32.26%30.26%28.15%25.92%25.45%25.51%25.66%25.26%24.21%22.56%21.54%21.41%21.85%
D&A For EBITDA
160.1159.1156152147.7139.1130122.8117.8116.3114.5113.4110.5108.6106.3104.3102.398.892.684.4
EBIT
2,5942,4372,2052,0742,0231,9471,9261,7991,6101,4421,2841,2371,2091,1711,087965822.1723675.2645.8
EBIT Margin
32.91%32.37%31.02%30.51%30.86%30.72%31.36%30.20%28.19%26.05%23.80%23.31%23.37%23.48%23.01%21.84%20.06%18.95%18.82%19.32%
Effective Tax Rate
18.01%19.16%19.20%19.15%16.90%14.97%15.35%13.99%16.05%13.84%11.90%11.13%4.78%7.46%5.87%3.47%3.30%--2.27%
Revenue as Reported
7,8817,5277,1106,8006,5556,3386,1425,9565,7115,5375,3965,3055,1734,9884,7254,4174,0983,8163,5873,342
SEC Filings: 10-K · 10-Q