Companies

Fortinet, Inc.

FTNT · CIK 0001262039 · operating

$79.18+0.19%Last updated Mar 2, 10:07 PM

Key Statistics

Valuation

Market Cap$60.67B
P/E32.72
Fwd P/E23.90
PEG
P/S8.92
P/B47.53
EV/EBITDA25.13
EV/Rev8.23

Profitability

Gross Margin80.46%
Op. Margin30.66%
Net Margin27.26%
ROE149.77%
ROA17.84%
FCF Margin38.10%

Financial Health

Current Ratio1.17
Debt/Equity7.40
Free Cash Flow$2.59B
Div. Yield

Growth & Other

Revenue Growth14.17%
EPS Growth7.08%
Beta1.05
52W High$110.67
52W Low$70.12

About Fortinet, Inc.

Fortinet provides cybersecurity and network security solutions designed to address threats across enterprise and infrastructure environments. The company's core offering is FortiOS, a unified operating system that serves as the foundation for its security platform. The product portfolio encompasses network firewalls (FortiGate), endpoint protection (FortiEndpoint), cloud security services, and secure access solutions that combine firewall, software-defined wide-area networking, web gateway, and zero trust capabilities. The company also offers security operation center tools including FortiEDR, FortiXDR, and FortiNDR, alongside threat intelligence services through FortiGuard Labs and associated security subscription services.

Fortinet's revenue streams include product sales, subscription and support services, and managed security services. The company serves customers across data center, hyperscale, and distributed computing environments, with specific offerings for operational technology security protecting industrial and infrastructure systems. Geographic reach extends worldwide, with operations spanning North America, Europe, Asia-Pacific, and other regions.

The company operates at significant scale with approximately 15,109 full-time employees as of the latest count. Fortinet is incorporated in Delaware and headquartered in Sunnyvale, California, with its stock listed on the Nasdaq exchange.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2025$2.42$2.45+7.1%
2024$2.26$2.28+54.8%
2023$1.46$1.47+37.7%
2022$1.06$1.08-70.8%
2021$3.63$3.72+24.7%
2020$2.91$2.98+55.6%
2019$1.87$1.91-2.1%
2018$1.91$1.96+961.1%
2017$0.18$0.18+0.0%
2016$0.18$0.19+260.0%
2015$0.05$0.05-66.7%
2014$0.15$0.15-42.3%
2013$0.26$0.27-35.0%
2012$0.40$0.42

Annual Reports (10-K) · 10 filings

Report DateFiledAccession Number
2025-12-312026-02-250001262039-26-000007SEC ↗
2024-12-312025-02-210001262039-25-000011SEC ↗
2023-12-312024-02-260001262039-24-000014SEC ↗
2022-12-312023-02-240001262039-23-000010SEC ↗
2021-12-312022-02-250001262039-22-000008SEC ↗
2020-12-312021-02-190001262039-21-000008SEC ↗
2019-12-312020-02-260001262039-20-000011SEC ↗
2018-12-312019-02-270001262039-19-000006SEC ↗
2017-12-312018-02-260001262039-18-000009SEC ↗
2016-12-312017-03-010001262039-17-000008SEC ↗