Fortinet
$180.95Change from previous close: +1.25%Absolute change: +$2.23
At a glance
- Revenue growth
- +14.17%
- 2025 vs 2024
- Net income growth
- +6.20%
- 2025 vs 2024
- Net margin
- 27.3%
- 2024: 29.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 10,389 | 9,763 | 7,259 | 6,228 | 5,919 |
| Current assets | 5,900 | 5,972 | 4,428 | 3,810 | 3,601 |
| Cash and equivalents | 2,495 | 2,876 | 1,398 | 1,683 | 1,319 |
| Short-term investments | 1,087 | 1,191 | 1,043 | 528 | 1,233 |
| Receivables | 1,691 | 1,463 | 1,402 | 1,262 | 808 |
| Inventory | 400 | 316 | 485 | 265 | 176 |
| Net property, plant and equipment | 1,683 | 1,422 | 1,120 | 995 | 753 |
| Goodwill | 257 | 235 | 127 | 128 | 125 |
| Other intangible assets | 97.3 | 115 | 35.3 | 56.0 | 63.6 |
| Long-term investments | 340 | 0.0 | 42.2 | 130 | 441 |
| Current liabilities | 5,034 | 4,061 | 3,719 | 3,078 | 2,318 |
| Accounts payable | 231 | 191 | 204 | 243 | 148 |
| Long-term debt | 497 | 994 | 992 | 990 | 988 |
| Total debt | 996 | 994 | 992 | 990 | — |
| Total liabilities | 9,152 | 8,269 | 7,722 | 6,510 | 5,121 |
| Total equity (incl. minority) | 1,238 | 1,494 | -463 | -282 | 798 |
| Retained earnings | -508 | -117 | -1,862 | -1,546 | -468 |
| Minority interest | — | — | — | 0.0 | 16.7 |