Fortinet Inc. (FTNT)
NASDAQ: FTNT
· Real-Time Price · USD
77.25
-2.08 (-2.62%)
At close: Aug 14, 2025, 3:59 PM
77.80
0.71%
After-hours: Aug 14, 2025, 07:59 PM EDT
Fortinet Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 6.34B | 6.14B | 5.96B | 5.71B | 5.54B | 5.4B | 5.3B | 5.17B | 4.99B | 4.72B | 4.42B | 4.1B | 3.82B | 3.59B | 3.34B | 3.13B | 2.91B | 2.73B |
Cost of Revenue | 1.19B | 1.15B | 1.16B | 1.16B | 1.21B | 1.23B | 1.24B | 1.22B | 1.18B | 1.14B | 1.08B | 1.02B | 944.1M | 880.2M | 783M | 721.7M | 649.7M | 597.9M |
Gross Profit | 5.15B | 5B | 4.8B | 4.55B | 4.32B | 4.16B | 4.07B | 3.95B | 3.8B | 3.59B | 3.33B | 3.08B | 2.87B | 2.71B | 2.56B | 2.4B | 2.26B | 2.13B |
Operating Income | 1.96B | 1.94B | 1.8B | 1.61B | 1.45B | 1.29B | 1.24B | 1.21B | 1.18B | 1.09B | 969.6M | 826.7M | 727.6M | 679.8M | 650.4M | 604.9M | 565.4M | 536.7M |
Interest Income | 174M | 167.3M | 155.2M | 143.4M | 138M | 131.3M | 119.7M | 98.3M | 65.9M | 36.7M | 17.4M | 9.3M | 5.9M | 4.7M | 4.5M | 5.5M | 6.8M | 9.6M |
Pretax Income | 2.27B | 2.22B | 2.03B | 1.82B | 1.52B | 1.36B | 1.29B | 1.21B | 1.14B | 1.03B | 887.4M | 766.9M | 662.4M | 631.6M | 620.8M | 590M | 564.5M | 543.2M |
Net Income | 1.94B | 1.88B | 1.75B | 1.53B | 1.31B | 1.2B | 1.15B | 1.15B | 1.06B | 966.6M | 857.3M | 742.5M | 674M | 638M | 606.8M | 554.5M | 514.8M | 491.1M |
Selling & General & Admin | 2.42B | 2.33B | 2.28B | 2.26B | 2.23B | 2.24B | 2.22B | 2.15B | 2.06B | 1.96B | 1.86B | 1.76B | 1.68B | 1.58B | 1.49B | 1.4B | 1.32B | 1.24B |
Research & Development | 786.5M | 742.4M | 716.8M | 678.2M | 647.8M | 635.7M | 613.8M | 590.2M | 567.6M | 538.6M | 512.4M | 496.1M | 469.6M | 451.9M | 424.2M | 400.6M | 382.8M | 358.3M |
Other Expenses | -2.3M | -9.8M | -4.6M | -4.6M | -4.6M | -4.5M | -4.6M | -4.6M | -4.6M | -4.7M | -4.6M | -4.6M | -4.6M | -4.6M | -4.6M | -4.6M | -4.6M | -4.5M |
Operating Expenses | 3.2B | 3.06B | 2.99B | 2.94B | 2.88B | 2.87B | 2.83B | 2.74B | 2.63B | 2.49B | 2.36B | 2.26B | 2.14B | 2.03B | 1.91B | 1.8B | 1.7B | 1.59B |
Interest Expense | 19.4M | 19.8M | 20M | 20.5M | 20.9M | 21.1M | 21M | 20.1M | 19.2M | 18.5M | 18M | 18M | 18.1M | 18.1M | 14.9M | 10.4M | 5.8M | 1.3M |
Selling & Marketing Expenses | 2.18B | 2.09B | 2.04B | 2.03B | 2.01B | 2.03B | 2.01B | 1.95B | 1.88B | 1.78B | 1.69B | 1.6B | 1.52B | 1.43B | 1.35B | 1.27B | 1.19B | 1.12B |
Cost & Expenses | 4.38B | 4.21B | 4.15B | 4.1B | 4.09B | 4.11B | 4.06B | 3.96B | 3.81B | 3.63B | 3.45B | 3.27B | 3.09B | 2.91B | 2.69B | 2.52B | 2.35B | 2.19B |
Income Tax Expense | 341.5M | 340.9M | 283.9M | 292.4M | 210.9M | 162M | 143.8M | 57.8M | 85.4M | 60.2M | 30.8M | 25.3M | -11.3M | -6.2M | 14.1M | 35.4M | 49.7M | 52.1M |
Shares Outstanding (Basic) | 766.9M | 768.3M | 766.5M | 765M | 763.8M | 762.4M | 764.9M | 781.2M | 785M | 783.2M | 780.9M | 786.2M | 795.4M | 803.4M | 815M | 817.7M | 816.7M | 815M |
Shares Outstanding (Diluted) | 774.8M | 776.8M | 775.2M | 771.9M | 769.9M | 770.5M | 772.3M | 791.2M | 795.9M | 793.4M | 791.8M | 798.6M | 810.1M | 821M | 835M | 838.6M | 835.4M | 832M |
EPS (Basic) | 2.53 | 2.46 | 2.29 | 2.01 | 1.71 | 1.55 | 1.48 | 1.47 | 1.35 | 1.23 | 1.08 | 0.92 | 0.83 | 0.78 | 0.74 | 0.68 | 0.63 | 0.60 |
EPS (Diluted) | 2.51 | 2.43 | 2.26 | 1.98 | 1.69 | 1.53 | 1.45 | 1.45 | 1.33 | 1.21 | 1.07 | 0.91 | 0.81 | 0.76 | 0.72 | 0.66 | 0.62 | 0.60 |
EBITDA | 2.35B | 2.38B | 2.2B | 1.99B | 1.69B | 1.52B | 1.47B | 1.42B | 1.35B | 1.23B | 1.08B | 914.9M | 803.5M | 758.4M | 727.7M | 676.7M | 637.6M | 610.7M |
EBIT | 2.3B | 2.25B | 2.08B | 1.88B | 1.58B | 1.41B | 1.35B | 1.31B | 1.24B | 1.13B | 973.5M | 812.6M | 704.7M | 665.8M | 643.3M | 600.9M | 568M | 542.2M |
Depreciation & Amortization | 65M | 130M | 122.8M | 117.8M | 116.3M | 114.5M | 113.4M | 110.5M | 108.6M | 106.3M | 104.3M | 102.3M | 98.8M | 92.6M | 84.4M | 75.8M | 69.6M | 68.5M |