Stocktoria
Fortinet, Inc. FTNT
Nasdaq · XNAS · stock · Computer Peripheral Equipment, NEC · website · IPO 2009-11-18
Fortinet, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.0B | $5.3B | $4.4B | $3.3B |
| Gross profit | $5.5B | $4.8B | $4.1B | $3.3B | $2.6B |
| R&D expense | $815.5M | $716.8M | $613.8M | $512.4M | $424.2M |
| Operating income | $2.1B | $1.8B | $1.2B | $969.6M | $650.4M |
| Interest expense | $20.1M | $20.0M | $21.0M | $18.0M | $14.9M |
| Income tax | $439.1M | $283.9M | $143.8M | $30.8M | $14.1M |
| Net income | $1.9B | $1.7B | $1.1B | $857.3M | $606.8M |
| EPS (diluted) | $2.42 | $2.26 | $1.46 | $1.06 | $0.73 |
| Operating cash flow | $2.6B | $2.3B | $1.9B | $1.7B | $1.5B |
| Cash & equivalents | $2.5B | $2.9B | $1.4B | $1.7B | $1.3B |
| Inventory | $399.5M | $315.5M | $484.8M | $264.6M | $175.8M |
| Total assets | $10.4B | $9.8B | $7.3B | $6.2B | $5.9B |
| Total liabilities | $9.2B | $8.3B | $7.7B | $6.5B | $5.1B |
| Shareholders' equity | $1.2B | $1.5B | -$463.4M | -$281.6M | $798.4M |
Source: SEC EDGAR filings · CIK 0001262039 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.