Company profile · Computers & Hardware
Fortinet, Inc. (FTNT)
Nasdaq: FTNT · Sunnyvale, CA · Data from SEC filings, updated Oct 6, 2026
Overview
Fortinet, Inc. trades on Nasdaq under the ticker FTNT and is classified by RoxMag in the Computers & Hardware segment (SEC industry code 3577, Computer Peripheral Equipment, NEC). Its principal executive offices are in Sunnyvale, CA. The company was founded in 2000. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $6.80 billion and net income of $1.85 billion. By public float it ranks #6 of the 41 computers & hardware companies profiled on RoxMag.
Fortinet, Inc. is an American cybersecurity company headquartered in Sunnyvale, California. It develops and sells security products including firewalls, endpoint security and intrusion detection systems. Fortinet has offices in the US, Canada, and UK.
Financial history
Annual figures as reported in Fortinet, Inc.'s 10-K filings (US dollars).
- Revenue growth
- 14.2%
- vs prior year, FY2025
- Net margin
- 27.3%
- net income ÷ revenue, FY2025
- Operating margin
- 30.7%
- operating income ÷ revenue, FY2025
- R&D share of revenue
- 12.0%
- R&D ÷ revenue, FY2025
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.0B | $5.3B | $4.4B | $3.3B |
| Gross profit | $5.5B | $4.8B | $4.1B | $3.3B | $2.6B |
| Operating income | $2.1B | $1.8B | $1.2B | $969.6M | $650.4M |
| Net income | $1.9B | $1.7B | $1.1B | $857.3M | $606.8M |
| Research & development | $815.5M | $716.8M | $613.8M | $512.4M | $424.2M |
| Total assets | $10.4B | $9.8B | $7.3B | $6.2B | $5.9B |
| Stockholders' equity | $1.2B | $1.5B | -$463.4M | -$281.6M | $781.7M |
| Cash & equivalents | $2.5B | $2.9B | $1.4B | $1.7B | $1.3B |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.