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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

Price (USD)
Price (USD)

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

Full Financials

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

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on FTNT

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 03

Est. EPS

Adjusted consensus estimate

$0.87

Analyst Consensus

Hold

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%

View full analyst ratings