The Tip Desk

Fortinet, Inc.

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$6.8$6.0$5.3$4.4$3.3
Operating income$2.1$1.8$1.2$1.0$0.7
Net income$1.9$1.7$1.1$0.9$0.6
Balance Sheet
Total debt$1.0$1.0$1.0$1.0$1.0
Cash Flow Statement
Free cash flow$2.2$1.9$1.7$1.4$1.2
Share repurchases$2.3$<0.1$1.5$2.0$0.7

Shares outstanding 733.7M · Free float 82.4%

Annual filing data through FY ended December 31, 2025; float as of September 26, 2026.

Earnings

Other Coverage