Fortinet, Inc. (FTNT)
↓ Download CSV- Sector Manufacturing
- Incorporated DE
- Fiscal year ends Dec 31
In fiscal 2025, Fortinet, Inc. reported revenue of $6.80B, up 14.2% from the prior year. The company was profitable, with a net margin of 27.3% and a gross margin of 80.5%. It held $10.39B in total assets against $9.15B in total liabilities.
Key ratios (FY2025)
80.5%
Gross margin
30.7%
Operating margin
27.3%
Net margin
149.8%
Return on equity
+14.2%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.80B | $5.96B | $5.30B | $4.42B | $3.34B | $2.59B | $2.16B | $1.80B | $1.49B | — |
| Cost of Revenue | $1.33B | $1.16B | $1.24B | $1.08B | $783.00M | $570.00M | $505.90M | $450.40M | $385.30M | $337.80M |
| Gross Profit | $5.47B | $4.80B | $4.07B | $3.33B | $2.56B | $2.02B | $1.66B | $1.35B | $1.11B | $937.60M |
| Operating Income | $2.08B | $1.80B | $1.24B | $969.60M | $650.40M | $531.80M | $351.00M | $234.40M | $109.80M | $42.90M |
| Net Income | $1.85B | $1.75B | $1.15B | $857.30M | $606.80M | $488.50M | $331.70M | $334.90M | $31.40M | $32.20M |
| EPS (Diluted) | $2.42 | $2.26 | $1.46 | $1.06 | $0.73 | $0.58 | $1.90 | $1.92 | $0.18 | $0.18 |
| Total Assets | $10.39B | $9.76B | $7.26B | $6.23B | $5.92B | $4.04B | $3.88B | $3.08B | $2.26B | $2.14B |
| Total Liabilities | $9.15B | $8.27B | $7.72B | $6.51B | $5.12B | $3.19B | $2.54B | $2.07B | $1.67B | $1.30B |
| Shareholders' Equity | $1.24B | $1.49B | -$463.40M | -$281.60M | $781.70M | $856.00M | $1.34B | $1.03B | $602.00M | $837.70M |
| Cash & Equivalents | $2.50B | $2.88B | $1.40B | $1.68B | $1.32B | $1.06B | $1.22B | $1.11B | $811.00M | $709.00M |
| Operating Cash Flow | $2.59B | $2.26B | $1.94B | $1.73B | $1.50B | $1.08B | $808.00M | $638.90M | $594.40M | $345.70M |
| Capital Expenditures | $364.80M | $378.90M | $204.10M | $281.20M | $295.90M | $125.90M | $92.20M | $53.00M | $135.30M | $67.20M |
| Shares Outstanding | 764.60M | 771.90M | 788.20M | 805.30M | 835.30M | 838.30M | 175.00M | 174.20M | 178.10M | 176.30M |