Companies: 10,795·Total market cap: $144.5T
Fortinet, Inc.

Fortinet, Inc.

FTNTNASDAQTechnology● Active
$143.63
$-1.05(-0.73%)
Market Cap$105.2B
P/E Ratio—
52W High$149.03
52W Low$70.12
Overview

Fortinet, Inc. (FTNT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FTNT · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $1.85B for FY2025 (fiscal year ending 2025-12-31), up 6.2% year-over-year. Net profit margin was 27.3%. Based on available data, Fortinet, Inc. has been profitable since at least 2011.

FY2025 Net Income$1.85B▲ +6.2% YoY
Trailing 12M (TTM)$1.95Btrailing 4 quarters sum
Net Profit Margin27.3%$1.85B ÷ $6.80B
YoY Change+6.2%—
5-Year CAGR+30.6%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · FTNT net income history · FTNT profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.85B▲ +6.2%27.3%
FY2024$1.75B▲ +52.0%29.3%
FY2023$1.15B▲ +33.9%21.6%
FY2022$857.3M▲ +41.3%19.4%
FY2021$606.8M▲ +24.2%18.2%

Net income vs peers (Technology)

#CompanyNet IncomeYoY
#1
Fortinet, Inc.
Fortinet, Inc.YOU
FTNT
$1.85B+6.2%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.74T+49.8%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$120.07B+64.7%#4
Apple Inc.
Apple Inc.
AAPL
$112.01B+19.5%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$101.83B+15.5%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$23.13B+292.3%
Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Fortinet, Inc. (FTNT) reported net income of $1.85B for FY2025 (fiscal year ending 2025-12-31), up 6.2% year-over-year. The net profit margin was 27.3% — meaning the company kept $0.27 of every dollar of revenue as profit.

Based on available data, Fortinet, Inc. has been profitable since at least 2011. Net income reached a peak of $1.85B in FY2025. Data available for 15 fiscal years.

Fortinet, Inc.'s net profit margin was 27.3% for FY2025, based on the latest annual results.

Investors sometimes search for "Fortinet, Inc. net worth" — the company's market capitalization is a separate figure from FTNT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

FTNT net income · 5 questions

Fortinet, Inc. is profitable. The company reported net income of $1.85B for FY2025, a net profit margin of 27.3%. Net income was up 6.2% year-over-year. Based on available data, Fortinet, Inc. has been profitable since at least 2011.

is FTNT profitabledoes FTNT make a profitFTNT profitabilityFTNT profitable company

▸ Source: FMP /income-statement · GAAP · Fortinet, Inc. · Fortinet, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026