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
Revenue
$7.53B
TTM
+18.8%
YoY
Gross Margin
80%
TTM
-1.3%
YoY
Net Income
$2.12B
TTM
+9.3%
YoY
Operating Cash Flow
$3.40B
TTM
+41.5%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|
Revenue | 1,630.0 | 1,724.9 | 1,905.0 | 1,849.6 | 2,047.9 |
YoY Growth | +13.6% | +14.4% | +14.8% | +20.1% | +25.6% |
Cost of Revenue | 314.9 | 331.7 | 389.2 | 364.5 | 404.7 |
Gross Profit | 1,315.1 | 1,393.2 | 1,515.8 | 1,485.1 | 1,643.2 |
Selling, General & Administrative | 648.9 | 644.9 | 686.6 | 692.5 | 730.2 |
Other Operating Expenses | 0.0 | -1.4 | 9.0 | 0.0 | 0.0 |
Total Operating Expenses | 858.4 | 845.9 | 900.6 | 906.5 | 955.2 |
Operating Income | 456.7 | 547.3 | 615.2 | 578.6 | 688.0 |
EBITDA | 417.0 | 831.7 | 745.0 | 712.6 | 635.2 |
Other Income / Expense | 20.2 | 13.0 | 7.7 | 49.3 | 2.2 |
Total Other Income / Expense | 60.6 | 47.5 | 35.6 | 78.0 | 32.2 |
Income Before Income Taxes | 517.3 | 594.8 | 650.8 | 656.6 | 720.2 |
Income Taxes | 77.1 | 120.7 | 144.8 | 122.0 | 115.0 |
Net Income | 440.1 | 473.9 | 506.0 | 534.5 | 606.3 |
Consolidated Net Income / Loss | 440.1 | 473.9 | 506.0 | 534.5 | 606.3 |
Net Income Attributable to Common Shareholders | 440.1 | 473.9 | 506.0 | 534.5 | 606.3 |
Basic EPS | $0.57 | $0.63 | $0.68 | $0.72 | $0.83 |
Diluted EPS | $0.57 | $0.62 | $0.68 | $0.72 | $0.82 |
Basic Shares Outstanding | 765.5M | 755.5M | 742.7M | 738.8M | 733.1M |
Diluted Shares Outstanding | 772.7M | 761.2M | 747.7M | 742.8M | 739.9M |