Fortinet, Inc. Financial Summary

Quick Answer

Fortinet, Inc. reported Total Revenue of $6.80 billion for fiscal year 2025.

Fortinet, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $6.80B
+14.2%
$5.96B
+12.3%
$5.30B
+20.1%
$4.42B
+32.2%
$3.34B
+28.8%
$2.59B
+19.9%
Revenue (ASC 606) $6.80B
+14.2%
$5.96B
+12.3%
$5.30B
+20.1%
$4.42B
+32.2%
$3.34B
+28.8%
$2.59B
+19.9%
Net Income $1.85B
+6.2%
$1.75B
+52.0%
$1.15B
+33.9%
$857.30M
+41.3%
$606.80M
+24.2%
$488.50M
+47.3%
Diluted EPS $2.42
+7.1%
$2.26
+54.8%
$1.46
+37.7%
$1.06
+45.2%
$0.73
+25.9%
$0.58
-69.5%
Total Assets $10.39B
+6.4%
$9.76B
+34.5%
$7.26B
+16.6%
$6.23B
+5.2%
$5.92B
+46.3%
$4.04B
+4.3%
Cash and Equivalents $2.50B
-13.2%
$2.88B
+105.7%
$1.40B
-16.9%
$1.68B
+27.6%
$1.32B
+24.2%
$1.06B
-13.1%
Long-Term Debt $496.60M
-50.1%
$994.30M
+0.2%
$992.30M
+0.2%
$990.40M
+0.2%
$988.40M $0.00
Stockholders Equity $1.24B
-17.2%
$1.49B
+422.4%
-$463.40M
-64.6%
-$281.60M
-136.0%
$781.70M
-8.7%
$856.00M
-36.2%
R&D Expense $815.50M
+13.8%
$716.80M
+16.8%
$613.80M
+19.8%
$512.40M
+20.8%
$424.20M
+24.3%
$341.40M
+23.2%
Operating Income $2.08B
+15.6%
$1.80B
+45.3%
$1.24B
+28.0%
$969.60M
+49.1%
$650.40M
+22.3%
$531.80M
+51.5%
Gross Profit $5.47B
+14.0%
$4.80B
+18.0%
$4.07B
+22.1%
$3.33B
+30.2%
$2.56B
+26.4%
$2.02B
+22.2%
Shares Outstanding 743.00M
-3.1%
767.00M
+0.8%
761.00M
-2.6%
781.50M
-3.5%
810.00M
+398.5%
162.50M
-5.4%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $1.72B +14.4% +5.8%
Revenue (ASC 606) September 30, 2025 $1.72B +14.4% +5.8%
Net Income September 30, 2025 $473.90M -12.2% +7.7%
Diluted EPS September 30, 2025 $0.62 -11.4% +8.8%
Total Assets September 30, 2025 $9.36B +5.8% -12.0%
Cash and Equivalents September 30, 2025 $2.00B -19.8% -40.8%
Long-Term Debt September 30, 2025 $496.50M -50.0% +0.0%
Stockholders Equity September 30, 2025 $735.10M -19.1% -64.3%
R&D Expense September 30, 2025 $202.40M +8.1% -3.4%
Operating Income September 30, 2025 $547.30M +16.2% +19.5%
Gross Profit September 30, 2025 $1.39B +11.9% +5.9%
Shares Outstanding September 30, 2025 742.90M -3.0% -3.0%
  • Fortinet, Inc. reported Total Revenue of $6.80 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +14.2% in Total Revenue compared to the prior fiscal year.
  • Fortinet, Inc. reported Revenue (ASC 606) of $6.80 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +14.2% in Revenue (ASC 606) compared to the prior fiscal year.
  • Fortinet, Inc. reported Net Income of $1.85 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +6.2% in Net Income compared to the prior fiscal year.
  • Fortinet, Inc. reported Diluted EPS of $2.42 per share for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +7.1% in Diluted EPS compared to the prior fiscal year.
  • Fortinet, Inc. reported Total Assets of $10.39 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +6.4% in Total Assets compared to the prior fiscal year.
  • Fortinet, Inc. reported Cash and Equivalents of $2.50 billion for fiscal year 2025.
  • Fortinet, Inc. showed a decrease of -13.2% in Cash and Equivalents compared to the prior fiscal year.
  • Fortinet, Inc. reported Long-Term Debt of $496.60 million for fiscal year 2025.
  • Fortinet, Inc. showed a decrease of -50.1% in Long-Term Debt compared to the prior fiscal year.
  • Fortinet, Inc. reported Stockholders Equity of $1.24 billion for fiscal year 2025.
  • Fortinet, Inc. showed a decrease of -17.2% in Stockholders Equity compared to the prior fiscal year.
  • Fortinet, Inc. reported R&D Expense of $815.50 million for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +13.8% in R&D Expense compared to the prior fiscal year.
  • Fortinet, Inc. reported Operating Income of $2.08 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +15.6% in Operating Income compared to the prior fiscal year.
  • Fortinet, Inc. reported Gross Profit of $5.47 billion for fiscal year 2025.
  • Fortinet, Inc. showed an increase of +14.0% in Gross Profit compared to the prior fiscal year.
  • Fortinet, Inc. reported Shares Outstanding of 743.00 million shares for fiscal year 2025.
  • Fortinet, Inc. showed a decrease of -3.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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