FTNT — Fortinet, Inc.

Nasdaq · Information Technology · Technology Hardware, Storage & Peripherals · CIK 1262039 ·
Last close
$160.84
Market Cap
$118.01B
52W High
$172.09
52W Low
$112.71
ADV30
5,296,134
Next earnings
2026-11-04
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026
Mar 2026 1,849,600,000 1,485,100,000 580,000,000 534,500,000 9,883,500,000 2,223,800,000 8,893,800,000
Dec 2025 1,905,000,000 1,515,800,000 625,600,000 506,000,000 10,389,200,000 2,495,300,000 9,151,700,000
Sep 2025 1,724,900,000 1,393,200,000 547,300,000 473,900,000 9,361,300,000 1,995,700,000 8,626,200,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$3,396,100,000
Investing CF
$-412,400,000
Financing CF
$-3,415,400,000
CapEx
$-279,100,000
Dividends Paid
Buybacks
$-2,861,500,000
EPS Diluted TTM
$2.84
As of
2026-08-02

Balance + Analyst (yfinance extras)

Retained Earnings
$-316,700,000
Inventory
$426,300,000
Receivables
$1,455,600,000
ST Investments
$1,134,700,000
EBIT TTM
$2,640,400,000
Pretax Income TTM
$2,622,400,000
Interest Exp TTM
$18,000,000
Analysts
37

Yahoo Snapshot (yfinance, live)

Total Revenue
$7,527,399,936
EBITDA
$2,595,800,064
Free Cash Flow
$2,265,587,456
Enterprise Value
$114,502,303,744
Total Cash
$4,069,600,000
Total Debt
$561,400,000
Shares Out
733,713,653
Trailing EPS
$2.81
Book Value
$2.11
ROE
117.4%
ROA
14.2%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 6,799,600,000 2,084,700,000 1,853,400,000 10,389,200,000 9,151,700,000 2,590,600,000
Dec 2024 5,955,800,000 1,803,400,000 1,745,200,000 9,763,100,000 8,269,300,000 2,258,100,000
Dec 2023 5,304,800,000 1,241,100,000 1,147,800,000 7,258,900,000 7,722,300,000 1,935,500,000
Dec 2022 4,417,400,000 969,600,000 857,300,000 6,228,000,000 6,509,600,000 1,730,600,000

TTM Snapshot

Revenues TTM
$4,859,400,000
NetIncome TTM
$1,257,500,000
OpCashFlow TTM
$0
Assets (Latest)
$9,763,100,000
Forward EPS
$3.76

Max Pain — expiry 2026-08-21

max pain strike: $155.00 · spot: $165.44 · call oi: 12,976 · put oi: 18,731
Expected Move to 2026-08-21: ±$8.82 (5.33%) — implied range $156.62$174.27 · ATM straddle on $165.00 strike

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News headlines (Yahoo Finance, 1h cache)

Fortinet Lifts 2026 Guidance on Firewall, SASE Demand: Buy the Stock?
2026-08-12 14:58 · Yahoo
CrowdStrike Stock's Surge Showed Up In Its Bookings Two Reports Early
2026-08-11 17:53 · Yahoo
Palo Alto Networks Stock Ran On A Threat That Management Had Already Named
2026-08-11 17:22 · Yahoo
How Cybersecurity Has Become Critical Tech Battlefield
2026-08-11 12:01 · Yahoo
12 Nasdaq Stocks Doubled in 2026, But None Are Magnificent Seven
2026-08-11 05:25 · Yahoo
Cybersecurity Stocks Surge, With Palo Alto Networks and CrowdStrike Leading the Charge
2026-08-10 20:25 · Yahoo
Is Zscaler's Discounted Valuation a Buying Opportunity or a Value Trap?
2026-08-10 13:16 · Yahoo
Intel Foundry Lands a Major New Client Worth Watching
2026-08-09 06:30 · Yahoo
Fortinet (FTNT) Lifted 2026 Guidance, Is The Stock Now Too Expensive?
2026-08-08 20:10 · Yahoo
Jim Cramer Favors Fortinet (FTNT) Alongside CrowdStrike (CRWD) and Palo Alto (PANW)
2026-08-08 13:50 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.