Fortinet, Inc.
FTNTNASDAQTechnology● Active
$145.27
+$0.59(+0.41%)
Market Cap$106.4B
P/E Ratio—
52W High$149.05
52W Low$70.12
Fortinet, Inc. (FTNT) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · FTNT · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $6.80B | $5.96B | $5.30B | $4.42B | $3.34B |
| Cost of Revenue | $1.30B | $1.16B | $1.24B | $1.08B | $0.78B |
| Gross Profit | $5.50B | $4.80B | $4.07B | $3.33B | $2.56B |
| Gross Margin %(computed) | 80.84% | 80.56% | 76.68% | 75.44% | 76.57% |
| Operating Expenses | |||||
| R&D Expenses | $0.82B | $0.72B | $0.61B | $0.51B | $0.42B |
| G&A Expenses | $0.23B | $0.24B | $0.21B | $0.17B | $0.14B |
| Total Operating Expenses | $3.42B | $2.99B | $2.83B | $2.36B | $1.91B |
| Operating Income | $2.08B | $1.80B | $1.24B | $0.97B | $0.65B |
| Operating Margin %(computed) | 30.62% | 30.28% | 23.40% | 21.95% | 19.46% |
| Interest Income | $0.16B | $0.16B | $0.12B | $0.02B | $0.00B |
| Interest Expense | $0.02B | $0.02B | $0.02B | $0.02B | $0.01B |
| Income Before Tax | $2.29B | $2.03B | $1.29B | $0.89B | $0.62B |
| Income Tax Expense | $0.44B | $0.28B | $0.14B | $0.03B | $0.01B |
| Net Income | $1.85B | $1.75B | $1.15B | $0.86B | $0.61B |
| Net Margin %(computed) | 27.26% | 29.30% | 21.64% | 19.41% | 18.16% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $2.44 | $2.28 | $1.47 | $1.08 | $0.74 |
| Wtd Avg Shares | 0.74B | 0.76B | 0.78B | 0.79B | 0.82B |
| EBITDA | $2.46B | $2.20B | $1.47B | $1.08B | $0.73B |
| EBITDA Margin %(computed) | 36.25% | 36.96% | 27.67% | 24.40% | 21.77% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Fortinet, Inc. (FTNT) Income Statement
Fortinet, Inc. (FTNT) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, FTNT reported revenue of $6.80B, gross profit of $5.50B (gross margin 80.84%), and net income of $1.85B — a net profit margin of 27.26%.
Frequently asked questions
FTNT · 4 questionsFortinet, Inc. (FTNT) reported revenue of $6.80B for 2025, up 14.2% year-over-year.
FTNT revenueFTNT salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08