FTNT
Income statement / Annual
Last year (2025), Fortinet Inc's total revenue was $6.80 B,
an increase of 14.17% from the previous year.
In 2025, Fortinet Inc's net income was $1.85 B.
See Fortinet Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$6.80 B |
$5.96 B |
$5.30 B |
$4.42 B |
$3.34 B |
$2.59 B |
$2.16 B |
$1.80 B |
$1.49 B |
$1.28 B |
| Cost of Revenue |
$1.30 B
|
$1.16 B
|
$1.24 B
|
$1.08 B
|
$783.00 M
|
$570.00 M
|
$505.90 M
|
$450.40 M
|
$385.30 M
|
$337.80 M
|
| Gross Profit |
$5.50 B
|
$4.80 B
|
$4.07 B
|
$3.33 B
|
$2.56 B
|
$2.02 B
|
$1.66 B
|
$1.35 B
|
$1.11 B
|
$937.60 M
|
| Gross Profit Ratio |
0.81
|
0.81
|
0.77
|
0.75
|
0.77
|
0.78
|
0.77
|
0.75
|
0.74
|
0.74
|
| Research and Development Expenses |
$815.50 M
|
$716.80 M
|
$613.80 M
|
$512.40 M
|
$424.20 M
|
$341.40 M
|
$277.10 M
|
$244.50 M
|
$210.60 M
|
$183.10 M
|
| General & Administrative Expenses |
$233.40 M
|
$237.80 M
|
$211.30 M
|
$169.00 M
|
$143.50 M
|
$119.50 M
|
$102.10 M
|
$93.00 M
|
$87.90 M
|
$81.10 M
|
| Selling & Marketing Expenses |
$2.35 B
|
$2.04 B
|
$2.01 B
|
$1.69 B
|
$1.35 B
|
$1.07 B
|
$926.90 M
|
$782.30 M
|
$701.00 M
|
$626.50 M
|
| Selling, General & Administrative Expenses |
$2.58 B
|
$2.28 B
|
$2.22 B
|
$1.86 B
|
$1.49 B
|
$1.19 B
|
$1.03 B
|
$875.30 M
|
$788.90 M
|
$707.60 M
|
| Other Expenses |
$20.00 M
|
-$4.60 M
|
-$4.60 M
|
-$4.60 M
|
-$4.60 M
|
-$40.20 M
|
$0.00
|
$0.00
|
$300.00 K
|
$4.00 M
|
| Operating Expenses |
$3.42 B
|
$2.99 B
|
$2.83 B
|
$2.36 B
|
$1.91 B
|
$1.49 B
|
$1.31 B
|
$1.12 B
|
$999.80 M
|
$894.70 M
|
| Cost And Expenses |
$4.72 B
|
$4.15 B
|
$4.06 B
|
$3.45 B
|
$2.69 B
|
$2.06 B
|
$1.81 B
|
$1.57 B
|
$1.39 B
|
$1.23 B
|
| Interest Income |
$162.30 M
|
$155.20 M
|
$119.70 M
|
$17.40 M
|
$4.50 M
|
$17.70 M
|
$42.50 M
|
$26.50 M
|
$13.50 M
|
$7.30 M
|
| Interest Expense |
$20.10 M
|
$20.00 M
|
$21.00 M
|
$18.00 M
|
$14.90 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$152.00 M
|
$122.80 M
|
$113.40 M
|
$104.30 M
|
$84.40 M
|
$68.80 M
|
$61.60 M
|
$55.70 M
|
$55.50 M
|
$48.50 M
|
| EBITDA |
$2.46 B |
$2.20 B |
$1.47 B |
$1.08 B |
$727.70 M |
$610.50 M |
$447.60 M |
$290.10 M |
$165.60 M |
$95.40 M |
| EBITDA Ratio |
0.36
|
0.37
|
0.28
|
0.24
|
0.22
|
0.24
|
0.21
|
0.16
|
0.11
|
0.07
|
| Operating Income Ratio |
0.31
|
0.3
|
0.23
|
0.22
|
0.19
|
0.2
|
0.16
|
0.13
|
0.07
|
0.03
|
| Total Other Income/Expenses Net |
$210.50 M
|
$225.70 M
|
$50.50 M
|
-$82.20 M
|
-$29.60 M
|
$9.90 M
|
$35.00 M
|
$19.90 M
|
$14.20 M
|
$200.00 K
|
| Income Before Tax |
$2.29 B
|
$2.03 B
|
$1.29 B
|
$887.40 M
|
$620.80 M
|
$541.70 M
|
$386.00 M
|
$254.30 M
|
$124.00 M
|
$43.10 M
|
| Income Before Tax Ratio |
0.34
|
0.34
|
0.24
|
0.2
|
0.19
|
0.21
|
0.18
|
0.14
|
0.08
|
0.03
|
| Income Tax Expense |
$439.10 M
|
$283.90 M
|
$143.80 M
|
$30.80 M
|
$14.10 M
|
$53.20 M
|
$54.30 M
|
-$80.60 M
|
$92.60 M
|
$10.90 M
|
| Net Income |
$1.85 B
|
$1.75 B
|
$1.15 B
|
$857.30 M
|
$606.80 M
|
$488.50 M
|
$331.70 M
|
$334.90 M
|
$31.40 M
|
$32.20 M
|
| Net Income Ratio |
0.27
|
0.29
|
0.22
|
0.19
|
0.18
|
0.19
|
0.15
|
0.19
|
0.02
|
0.03
|
| EPS |
2.44 |
2.28 |
1.47 |
1.08 |
0.74 |
0.6 |
0.39 |
0.39 |
0.036 |
0.038 |
| EPS Diluted |
2.43 |
2.26 |
1.46 |
1.06 |
0.73 |
0.58 |
0.38 |
0.38 |
0.036 |
0.036 |
| Weighted Average Shares Out |
$743.10 M
|
$764.40 M
|
$778.60 M
|
$791.40 M
|
$816.00 M
|
$821.00 M
|
$855.00 M
|
$845.50 M
|
$871.58 M
|
$863.00 M
|
| Weighted Average Shares Out Diluted |
$748.00 M
|
$771.90 M
|
$788.20 M
|
$805.30 M
|
$835.50 M
|
$838.50 M
|
$875.00 M
|
$871.00 M
|
$890.40 M
|
$881.50 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
