GOLDEN BAZAARUS markets company page
Menu
FTNT logo

FTNT

Fortinet, Inc.

NMSSector: TechnologyIndustry: Software - Infrastructure
FTNT$149.31
52w: $70.12$151.67
Website
Valuation
Market Cap
$109.39B
Enterprise Value
$103.71B
P/E
57.6
TTM
Fwd P/E
43.6
1Y
P/B
110.8
P/S
15.4
TTM
PEG
3.28
EV/EBITDA
43.9
EV/Revenue
14.6
FCF Yield
1.7%
EPS (TTM)
$2.59
Fwd EPS
$3.43
Book Value
$1.35
Market Data
Beta
1.11
Avg Volume
6.4M
Shares Out
732.6M
Float
617.7M
Short % Float
2.8%
Insider %
17.4%
Institutional %
72.5%
D/E
57.3
Current Ratio
1.2
ROE
132.4%
ROA
13.6%
Rev Growth
20.1%
Net Inc Growth
28.6%
Profit Margin
27.5%
Op Margin
31.3%
Gross Margin
80.3%
Total Cash
$3.29B
Total Debt
$567.2M
Financials

Latest period financial summary

Income Statement

Revenue$1.8B
Gross Profit$1.5B
Operating Income$580.0M
EBITDA$700.6M
Net Income$534.5M

Balance Sheet

Total Assets$9.9B
Current Assets$5.3B
Cash$2.2B
Total Liabilities$8.9B
Equity$989.7M
Total Debt$496.8M

Cash Flow

Operating CF$1.1B
Investing CF$-5.7M
Financing CF$-1.3B
Free Cash Flow$1.0B
Financial Trends
Revenue$1.8B
2022/122026/3
Net Income$534.5M
2022/122026/3
EBITDA$700.6M
2022/122026/3
Free Cash Flow$1.0B
2022/122026/3
Period Analysis

Margins & Ratios

Metric2021/122022/122023/122024/122025/32025/62025/92025/12
Revenue$4.4B$5.3B$6.0B$1.5B$1.6B$1.7B$6.8B
Gross Margin+75.4%+76.7%+80.6%+81.0%+80.7%+80.8%+80.5%
EBITDA Margin+24.4%+27.7%+37.0%+36.4%+34.4%+37.1%+36.1%
Operating Margin+21.9%+23.4%+30.3%+29.5%+28.1%+31.7%+30.7%
Net Margin+19.4%+21.6%+29.3%+28.1%+27.0%+27.5%+27.3%
Current Ratio1.241.191.471.361.331.031.17
Debt / Equity-3.52-2.140.670.510.481.350.81
Net Debt / EBITDA-0.64-0.28-0.85-4.65-4.24-1.56-0.61
ROE-304.4%-247.7%+116.8%+22.1%+21.4%+64.5%+149.8%
ROA+13.8%+15.8%+17.9%+4.2%+4.1%+5.1%+17.8%
Leverage1.051.060.850.810.810.920.88
Company Profile

Fortinet, Inc.

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Employees

15K

Location

Sunnyvale, CA

Country

US

Golden Bazaar VerifiedUpdated: Jun 25, 2026Data Source: Golden Bazaar Verified · Updated: Jun 25, 2026
Sector Peers

Technology

Compare with similar companies in the same sector.

Comparison Screen

This page is prepared by Golden Bazaar using publicly available data. Not investment advice.