Fortinet Inc
FTNT
NASDAQ
Technology
$150.79
USD
-2.06 (-1.35%)
At close: Aug 20, 2026, 4:00 PM EDT
Market Cap $119.52B
Volume 5.0M
About Fortinet Inc
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. The company is headquartered in Sunnyvale, California and currently employs 15,109 full-time employees. The company went IPO on 2009-11-18. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. The company also operates Fortinet Training Institute.
CEO
Mr. Ken Xie
HQ
Sunnyvale, CALIFORNIA, US
Founded
2009
Employees
15,109
Quantli Score
8.4
Outperform
Fin. Health
8.1
Profitability
7.6
Growth
9.0
Cash-Flow Q.
8.8
Key Metrics
7 metrics our research team weighs before forming a view on FTNT.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
Revenue Growth (TTM)
18.8%
+4.3 pp
Gross Margin (TTM)
80.2%
-1.1 pp
Operating Margin (TTM)
32.3%
+1.6 pp
Net Margin (TTM)
28.2%
-2.4 pp
ROE (TTM)
136.7%
+42.6 pp
EPS Growth (TTM)
13.1%
-34.5 pp
Free Cash Flow (TTM)
$3.12B
+53.3%
Financial Snapshot
Revenue
$7.53B
+18.8%
YoY
Gross Margin
80%
TTM
-1.3%
YoY
Net Income
$2.12B
+9.3%
YoY
Operating Cash Flow
$3.40B
+41.5%
YoY
Key Statistics
Open
$152.00
Previous Close
$152.85
Day Range
$150.16 - $154.44
52 Week Range
$73.55 - $172.09
Volume
5.0M
Average Volume (10 Days)
4.2M
Dividend Yield
—
Valuation Measurement
Market Cap
$119.52B
P/E Ratio (TTM)
56.36
P/S Ratio (TTM)
15.88
Price / Book
77.05
Financial Highlights
Profit Margin
28.2%
Return on Assets
19.5%
Return on Equity
136.7%
Revenue (TTM)
$7.53B
Net Income (TTM)
$2.12B
Diluted EPS (TTM)
$2.84
Total Cash (MRQ)
$2.93B
Levered FCF (TTM)
$3.12B
Turn research into action
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 03
Est. EPS
Adjusted consensus estimate
$0.87
Analyst Consensus
Based on 7 analyst ratings
Avg Target: $172.57
(+14.4% upside)
High: $203.00 · Low: $120.00
Strong Buy
0%
Buy
57%
Hold
29%
Sell
14%
Strong Sell
0%