Fortinet

FTNT · NASDAQ · USD

$178.72−0.02%−$0.04

Close · October 1, 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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,0481,8501,9051,7251,6301,5401,6601,5081,4341,3531,4151,335
Cost of revenue405365389332315293315263275305316318
Gross profit1,6431,4851,5161,3931,3151,2471,3461,2451,1591,0491,0991,017
Selling, general and administrative730693687645649601582588558556563558
Research and development225214205202210199191187165173153157
Operating income688579624546457448573470436320384302
EBIT688579624546457448573470436320384302
EBITDA729618664584495483608500465349414330
Interest expense3.24.24.46.24.64.94.95.05.05.15.45.4
Pre-tax income721657651595517530613621456339406323
Income tax11512214512177.196.586.781.276.539.595.2-0.3
Net income606535506474440433526540380299311323
Net income to common shareholders606535506474440433526540380299311323
Basic EPS0.830.720.680.630.570.560.690.710.500.390.410.41
Diluted EPS0.820.720.670.620.570.560.680.700.490.390.410.41
Average shares (basic)733739743756766768767765764762765781
Average shares (diluted)740743748761773777775772770771772791