FTNT

NASDAQ · Technology

Fortinet Inc

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$78.89

-0.45 (-0.57%)

As of Mar 25, 9:33 PM ET ·

Financial Highlights (FY 2026)

Revenue

6.58B

Net Income

1.79B

Gross Margin

80.5%

Profit Margin

27.3%

Rev Growth

+15.5%

D/E Ratio

0.81

Revenue & Net Income

Margin Trends

	FY 2026	FY 2025	FY 2024	FY 2023
Gross Margin	80.5%	80.5%	67.6%	67.6%
Operating Margin	30.7%	27.6%	20.6%	20.5%
Profit Margin	27.3%	25.9%	16.2%	15.3%

Income Statement

	FY 2026	FY 2025	FY 2024	FY 2023
Revenue	6.58B	5.70B	20.24B	16.81B
Gross Profit	5.29B	4.59B	13.68B	11.36B
Operating Income	2.02B	1.57B	4.16B	3.44B
Net Income	1.79B	1.40B	3.29B	2.58B
Gross Margin	80.5%	80.5%	67.6%	67.6%
Operating Margin	30.7%	27.6%	20.6%	20.5%
Profit Margin	27.3%	25.9%	16.2%	15.3%
Rev Growth	+15.5%	+15.5%	-3.1%	+8.6%

Balance Sheet

	FY 2026	FY 2025	FY 2024	FY 2023
Total Debt	13.81B	13.81B	29.15B	24.97B
Total Equity	17.15B	17.15B	40.18B	42.13B
D/E Ratio	0.81	0.81	0.73	0.59

Cash Flow

	FY 2026	FY 2025	FY 2024	FY 2023
EBITDA	2.21B	1.82B	5.25B	4.10B
Free Cash Flow	—	—	1.98B	2.19B