FTNT
Fortinet, Inc.Company Information
- Company Name
- Fortinet, Inc.
- CIK
- CIK0001262039
- Category
- Large accelerated filer
- Ticker: Exchange
- FTNT: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 06 Technology
- SIC
- 3577
- SIC Description
- Computer Peripheral Equipment, NEC
- Ticker
- FTNT
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-06-06
- Last sale
- 2026-09-24
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 1,170,335
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 491,004,652
- Shares outstanding
- 733,100,000
- Ownership
- 66.98%
Earnings Market Reaction
- Filing date
- 2026-07-30
- Price on filing date
- —
- 1-month reaction
- …
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 2,935 | 2,224 | 2,495 | 1,996 | 3,369 | 3,597 | 2,876 | 2,489 | 2,203 | 1,926 | 1,398 | 2,187 | ||||||
| Other Short Term Investments | 1,135 | 1,071 | 1,087 | 1,128 | 1,194 | 1,184 | 1,191 | 1,162 | 1,115 | 1,075 | 1,022 | 962 | ||||||
| Equity Securities Fv Ni | - | - | 98 | - | - | - | 64 | 49 | 21 | 21 | 21 | 20 | ||||||
| Accounts Receivable Net Current | 1,456 | 1,486 | 1,691 | 1,168 | 1,216 | 1,174 | 1,463 | 1,044 | 1,083 | 996 | 1,402 | 1,014 | ||||||
| Inventory Net | 426 | 370 | 400 | 427 | 405 | 363 | 316 | 354 | 383 | 440 | 485 | 468 | ||||||
| Prepaid Expense And Other Assets Current | 257 | 182 | 227 | 195 | 163 | 125 | 126 | 122 | 113 | 101 | 101 | 103 | ||||||
| Assets Current | 6,208 | 5,333 | 5,900 | 4,914 | 6,346 | 6,443 | 5,972 | 5,221 | 4,919 | 4,560 | 4,428 | 4,753 | ||||||
| Long Term Investments | 399 | 340 | 340 | 289 | 112 | 35 | 0 | - | - | - | 0 | 2 | ||||||
| Property Plant And Equipment Net | 1,700 | 1,692 | 1,619 | 1,605 | 1,545 | 1,404 | 1,350 | 1,273 | 1,243 | 1,247 | 1,044 | 1,038 | ||||||
| Capitalized Contract Cost Net | 785 | 754 | 736 | 682 | 665 | 636 | 623 | 599 | 597 | 600 | 606 | 570 | ||||||
| Deferred Income Tax Assets Net | 1,319 | 1,305 | 1,315 | 1,368 | 1,457 | 1,412 | 1,336 | 1,300 | 999 | 943 | 869 | 789 | ||||||
| Goodwill | 257 | 257 | 257 | 258 | 259 | 236 | 235 | 213 | 128 | 129 | 127 | 125 | ||||||
| Intangible Assets Net Excluding Goodwill | 77 | 87 | 97 | 110 | 123 | 121 | 115 | 112 | 30 | 34 | 35 | 40 | ||||||
| Other Assets Noncurrent | 113 | 117 | 125 | 135 | 134 | 120 | 133 | 134 | 137 | 149 | 150 | 164 | ||||||
| Assets | 10,859 | 9,884 | 10,389 | 9,361 | 10,641 | 10,407 | 9,763 | 8,852 | 8,053 | 7,662 | 7,259 | 7,479 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Current | 283 | 239 | 231 | 221 | 245 | 225 | 191 | 178 | 132 | 135 | 204 | 254 | ||||||
| Accrued Liabilities Current | 394 | 366 | 355 | 331 | 339 | 415 | 338 | 377 | 401 | 539 | 424 | 317 | ||||||
| Employee Related Liabilities Current | 323 | 292 | 313 | 274 | 281 | 250 | 256 | 248 | 217 | 215 | 242 | 211 | ||||||
| Taxes Payable Current | - | - | - | - | - | - | - | - | - | - | - | 220 | ||||||
| Long Term Debt Current | 0 | 0 | 500 | 499 | 499 | 499 | 0 | - | - | - | - | - | ||||||
| Deferred Revenue Current | - | - | 3,636 | - | - | - | 3,276 | - | - | - | 2,849 | - | ||||||
| Contract With Customer Liability Current | 3,842 | 3,726 | - | 3,461 | 3,413 | 3,339 | - | 3,081 | 2,975 | 2,912 | - | 2,647 | ||||||
| Liabilities Current | 4,841 | 4,624 | 5,034 | 4,786 | 4,777 | 4,728 | 4,061 | 3,884 | 3,725 | 3,800 | 3,719 | 3,649 | ||||||
| Deferred Revenue Noncurrent | - | - | 3,480 | - | - | - | 3,085 | - | - | - | 2,886 | - | ||||||
| Contract With Customer Liability Noncurrent | 3,834 | 3,625 | - | 3,190 | 3,155 | 3,079 | - | 2,931 | 2,921 | 2,878 | - | 2,638 | ||||||
| Accrued Income Taxes Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 62 | ||||||
| Long Term Debt Noncurrent | 497 | 497 | 497 | 497 | 496 | 496 | 994 | 994 | 993 | 993 | 992 | 992 | ||||||
| Other Liabilities Noncurrent | 137 | 148 | 141 | 154 | 153 | 141 | 130 | 136 | 125 | 129 | 125 | 65 | ||||||
| Liabilities | 9,308 | 8,894 | 9,152 | 8,626 | 8,581 | 8,444 | 8,269 | 7,944 | 7,765 | 7,800 | 7,722 | 7,405 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Additional Paid In Capital Common Stock | 1,896 | 1,799 | 1,770 | 1,715 | 1,716 | 1,669 | 1,636 | 1,569 | 1,499 | 1,449 | 1,416 | 1,397 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -29 | -28 | -25 | -22 | -21 | -23 | -26 | -18 | -29 | -25 | -19 | -24 | ||||||
| Retained Earnings Accumulated Deficit | -317 | -782 | -508 | -959 | 364 | 316 | -117 | -643 | -1,183 | -1,562 | -1,862 | -1,299 | ||||||
| Stockholders Equity | 1,551 | 990 | 1,238 | 735 | 2,060 | 1,963 | 1,494 | 908 | 288 | -138 | -463 | 74 | ||||||
| Liabilities And Stockholders Equity | 10,859 | 9,884 | 10,389 | 9,361 | 10,641 | 10,407 | 9,763 | 8,852 | 8,053 | 7,662 | 7,259 | 7,479 | ||||||
| Allowance For Doubtful Accounts Receivable | - | - | 7 | - | - | - | 6 | - | - | - | 8 | - | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | ||||||
| Common Stock Shares Issued | 734 | 734 | 743 | 743 | 766 | 769 | 767 | 766 | 764 | 763 | 761 | 776 | ||||||
| Shares Outstanding | 734 | 734 | 743 | 743 | 766 | 769 | 767 | 766 | 764 | 763 | 761 | 776 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialFortinet, Inc. (FTNT) — SEC Financial Statements & Analysis
Fortinet, Inc. (FTNT) is a computer peripheral equipment, nec company, incorporated in DE. Fortinet, Inc. trades on Nasdaq as: FTNT. Fortinet, Inc. (FTNT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30. Based on that filing, Fortinet, Inc. carries a market cap of $112.62B, a P/E ratio of 53.10x, a P/B ratio of 72.61x, a P/S ratio of 14.96x, an enterprise value of $110.18B, and an EV/EBITDA multiple of 42.36x. On profitability, it posts a gross margin of 80.20%, an operating margin of 32.44%, a net margin of 28.17%, a Return on Equity (ROE) of 117.44%, and a Return on Assets (ROA) of 19.73%. Per share, it reports EPS of $2.89, diluted EPS of $2.87, free cash flow per share of $4.32, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 18.77% year-over-year, net income growth of 9.34% year-over-year, and EPS growth of 14.17% year-over-year. On the balance sheet, it maintains a current ratio of 1.28x, a quick ratio of 1.14x, working capital of $1.37B, a debt-to-equity ratio of 6.00x, a debt ratio of 0.86, an interest coverage ratio of 179.57x, free cash flow of $3.17B (TTM), and net debt of $-2.44B. Figures sourced from SEC EDGAR.
- Market Cap
- $112.62B
- P/E TTM
- 53.10x
- EPS TTM
- $2.89
- P/B TTM
- 72.61x
- ROE TTM
- 117.44%
- ROA TTM
- 19.73%
- Debt To Equity
- 6.00x
- Free Cash Flow TTM
- $3.17B
- Net Revenue TTM Growth 1Y
- 18.77%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Fortinet, Inc. in?
Fortinet, Inc. (FTNT) operates in the Computer Peripheral Equipment, NEC industry.
What exchange does FTNT trade on?
Fortinet, Inc. (FTNT) trades on the Nasdaq.
Where is Fortinet, Inc. incorporated?
Fortinet, Inc. is incorporated in DE.
When was Fortinet, Inc. (FTNT)'s most recent SEC filing?
Fortinet, Inc. (FTNT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30.
What is FTNT's market cap?
Fortinet, Inc. (FTNT) has a market capitalization of $112.62B as of 2026-06-30.
What is FTNT's P/E ratio?
Fortinet, Inc. (FTNT)'s trailing twelve month P/E ratio is 53.10x as of 2026-06-30.
What is FTNT's EPS (earnings per share)?
Fortinet, Inc. (FTNT)'s trailing twelve month EPS is $2.89 as of 2026-06-30.
What is FTNT's ROE (return on equity)?
Fortinet, Inc. (FTNT)'s trailing twelve month Return on Equity (ROE) is 117.44% as of 2026-06-30.
What is FTNT's ROA (return on assets)?
Fortinet, Inc. (FTNT)'s trailing twelve month Return on Assets (ROA) is 19.73% as of 2026-06-30.
What is FTNT's EV/EBITDA?
Fortinet, Inc. (FTNT)'s trailing twelve month EV/EBITDA is 42.36x as of 2026-06-30.