Fortinet

FTNT · NASDAQ · USD

$180.95+1.25%+$2.23

Close · October 2, 2026

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.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	10,859	9,884	10,389	9,361	10,641	10,407	9,763	8,852	8,053	7,662	7,259	7,479
Current assets	6,208	5,333	5,900	4,914	6,346	6,443	5,972	5,221	4,919	4,560	4,428	4,753
Cash and equivalents	2,935	2,224	2,495	1,996	3,369	3,597	2,876	2,489	2,203	1,926	1,398	2,187
Short-term investments	1,135	1,071	1,087	1,128	1,194	1,184	1,191	1,211	1,136	1,097	1,043	982
Receivables	1,456	1,486	1,691	1,168	1,216	1,174	1,463	1,044	1,083	996	1,402	1,014
Inventory	426	370	400	427	405	363	316	354	383	440	485	468
Net property, plant and equipment	1,700	1,692	1,683	1,605	1,545	1,404	1,422	1,273	1,243	1,247	1,120	1,038
Goodwill	257	257	257	258	259	236	235	213	128	129	127	125
Other intangible assets	77.1	87.0	97.3	110	123	121	115	112	30.2	34.1	35.3	39.6
Long-term investments	399	340	340	289	112	35.2	—	18.8	24.0	35.8	42.2	1.5
Current liabilities	4,841	4,624	5,034	4,786	4,777	4,728	4,061	3,884	3,725	3,800	3,719	3,649
Accounts payable	283	239	231	221	245	225	191	178	132	135	204	254
Long-term debt	497	497	497	497	496	496	994	994	993	993	992	992
Total debt	497	497	996	996	995	—	—	—	—	—	—	—
Total liabilities	9,308	8,894	9,152	8,626	8,581	8,444	8,269	7,944	7,765	7,800	7,722	7,405
Total equity (incl. minority)	1,551	990	1,238	735	2,060	1,963	1,494	908	288	-138	-463	74.1
Retained earnings	-317	-782	-508	-959	364	316	-117	-643	-1,183	-1,562	-1,862	-1,299