Income Statement - Fortinet, Inc. (FTNT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 6,799.60 | 5,955.80 | 5,304.80 | 4,417.40 | 3,342.20 | 2,594.40 | 2,163.00 | 1,804.60 | 1,494.90 | 1,275.40 | 1,009.27 | 770.36 | 615.30 | 533.64 | 433.58 | 324.70 | 252.12 | 211.79 | 155.37 | 123.47 |
| Cost of revenue | 1,302.60 | 1,157.60 | 1,237.20 | 1,084.90 | 783.00 | 570.00 | 505.90 | 450.40 | 385.30 | 337.80 | 286.78 | 231.01 | 180.64 | 147.42 | 113.60 | 85.21 | 69.98 | 65.47 | 56.65 | 40.96 |
| Gross profit | 5,497.00 | 4,798.20 | 4,067.60 | 3,332.50 | 2,559.20 | 2,024.40 | 1,657.10 | 1,354.20 | 1,109.60 | 937.60 | 722.49 | 539.36 | 434.65 | 386.22 | 319.98 | 239.49 | 182.14 | 146.32 | 98.71 | 82.50 |
| Total operating expenses | 3,416.40 | 2,994.80 | 2,831.10 | 2,362.90 | 1,908.80 | 1,492.60 | 1,306.10 | 1,119.80 | 999.80 | 894.70 | 707.61 | 480.03 | 362.56 | 285.74 | 231.07 | 184.15 | 156.81 | 141.39 | 120.29 | 88.50 |
| Operating income | 2,082.00 | 1,803.40 | 1,241.10 | 969.60 | 650.40 | 531.80 | 351.00 | 234.40 | 109.80 | 42.90 | 14.88 | 59.32 | 72.09 | 100.48 | 88.90 | 55.34 | 25.33 | 4.93 | -21.58 | -6.00 |
| Non-operating income (net) | 210.50 | 225.70 | 92.60 | -82.20 | -29.60 | 9.90 | 35.00 | 19.90 | 14.20 | 0.20 | 2.13 | 2.23 | 3.85 | 4.52 | 3.17 | 1.00 | 2.18 | 4.32 | 1.52 | 1.87 |
| Income before tax | 2,292.50 | 2,029.10 | 1,333.70 | 887.40 | 620.80 | 541.70 | 386.00 | 254.30 | 124.00 | 43.10 | 17.01 | 61.55 | 75.94 | 105.00 | 92.07 | 56.34 | 27.51 | 9.25 | -20.06 | -4.12 |
| Income tax expense | 439.10 | 283.90 | 143.80 | 30.80 | 14.10 | 53.20 | 54.30 | -80.60 | 92.60 | 10.90 | 9.02 | 36.21 | 31.67 | 38.16 | 29.58 | 15.10 | -32.67 | 1.89 | 1.78 | 1.22 |
| Net income | 1,853.40 | 1,745.20 | 1,147.80 | 857.30 | 606.80 | 488.50 | 331.70 | 334.90 | 31.40 | 32.20 | 7.99 | 25.34 | 44.27 | 66.84 | 62.49 | 41.25 | 60.18 | 7.36 | -21.84 | -5.34 |
Show Quarterly Income Statement
Income Statement - Fortinet, Inc. (FTNT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,849.60 | 1,905.00 | 1,724.90 | 1,630.00 | 1,539.70 | 1,660.10 | 1,508.10 | 1,434.30 | 1,353.30 | 1,415.10 | 1,334.60 | 1,292.80 | 1,262.30 | 1,283.00 | 1,149.50 | 1,030.10 | 954.80 | 963.60 | 867.20 | 801.10 | 710.30 | 748.00 | 651.10 | 617.60 | 577.70 | 614.40 | 548.10 | 521.70 | 472.60 | 507.00 | 453.90 | 441.30 | 399.00 | 416.67 | 374.20 | 363.50 | 340.60 | 362.83 | 316.65 | 311.39 | 284.58 | 296.53 | 260.07 | 239.79 | 212.89 | 223.97 | 193.35 | 184.10 | 168.95 | 177.35 | 154.70 | 147.43 | 135.82 | 151.16 | 136.27 | 128.96 | 117.25 | 120.86 | 116.43 | 103.02 | 93.27 | 93.60 | 84.97 | 76.33 | 69.80 | 70.71 | 65.86 | 61.35 | 54.19 | 59.07 | 54.41 | 52.55 | 45.76 | 43.62 | 38.33 | 38.81 | 34.60 |
| Cost of revenue | 364.50 | 389.20 | 318.60 | 301.70 | 293.10 | 314.50 | 263.40 | 275.00 | 304.70 | 315.90 | 317.70 | 295.80 | 307.80 | 297.30 | 283.00 | 250.80 | 253.80 | 228.30 | 211.20 | 186.90 | 156.60 | 167.00 | 139.20 | 135.10 | 128.70 | 140.50 | 124.10 | 128.30 | 113.00 | 128.50 | 111.60 | 113.10 | 97.20 | 105.42 | 93.60 | 95.70 | 90.60 | 90.89 | 84.80 | 84.50 | 77.64 | 81.98 | 71.70 | 69.50 | 63.60 | 65.62 | 56.89 | 57.76 | 50.74 | 53.88 | 43.93 | 43.71 | 39.13 | 41.44 | 37.81 | 37.13 | 31.04 | 32.49 | 31.14 | 26.56 | 23.42 | 24.22 | 21.44 | 20.17 | 19.38 | 20.91 | 17.43 | 16.98 | 14.65 | 17.85 | 15.84 | 16.64 | 15.14 | 18.23 | 14.20 | 13.16 | 11.07 |
| Gross profit | 1,485.10 | 1,515.80 | 1,406.30 | 1,328.30 | 1,246.60 | 1,345.60 | 1,244.70 | 1,159.30 | 1,048.60 | 1,099.20 | 1,016.90 | 997.00 | 954.50 | 985.70 | 866.50 | 779.30 | 701.00 | 735.30 | 656.00 | 614.20 | 553.70 | 581.00 | 511.90 | 482.50 | 449.00 | 473.90 | 424.00 | 393.40 | 359.60 | 378.50 | 342.30 | 328.20 | 301.80 | 311.25 | 280.60 | 267.80 | 250.00 | 271.94 | 231.85 | 226.89 | 206.93 | 214.55 | 188.37 | 170.29 | 149.28 | 158.35 | 136.46 | 126.34 | 118.21 | 123.47 | 110.77 | 103.72 | 96.69 | 109.72 | 98.46 | 91.84 | 86.20 | 88.38 | 85.29 | 76.47 | 69.85 | 69.38 | 63.53 | 56.17 | 50.42 | 49.80 | 48.43 | 44.37 | 39.54 | 41.21 | 38.57 | 0.00 | 0.00 | 102.87 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 906.50 | 891.60 | 860.40 | 871.60 | 792.80 | 771.50 | 773.80 | 722.10 | 727.40 | 713.80 | 713.70 | 718.00 | 681.00 | 627.90 | 601.00 | 584.00 | 550.00 | 520.40 | 489.60 | 466.70 | 432.10 | 411.60 | 385.00 | 363.70 | 332.30 | 355.50 | 323.40 | 318.20 | 309.00 | 293.40 | 279.50 | 277.50 | 269.40 | 269.05 | 246.90 | 239.30 | 244.60 | 226.75 | 226.36 | 230.93 | 210.62 | 201.69 | 190.21 | 167.34 | 148.39 | 138.43 | 121.01 | 115.20 | 105.39 | 98.83 | 92.49 | 89.94 | 81.30 | 74.68 | 72.69 | 70.89 | 67.49 | 61.86 | 59.13 | 57.69 | 52.41 | 48.68 | 45.37 | 46.39 | 43.72 | 42.35 | 38.76 | 39.39 | 36.31 | 34.94 | 35.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating income | 580.00 | 625.60 | 545.90 | 456.70 | 453.80 | 574.10 | 470.90 | 437.20 | 321.20 | 385.40 | 303.20 | 279.00 | 273.50 | 357.80 | 265.50 | 195.30 | 151.00 | 214.90 | 166.40 | 147.50 | 121.60 | 169.40 | 126.90 | 118.80 | 116.70 | 118.40 | 100.60 | 75.20 | 50.60 | 85.10 | 62.80 | 50.70 | 32.40 | 42.20 | 33.70 | 28.50 | 5.40 | 45.19 | 5.49 | -4.05 | -3.69 | 12.87 | -1.84 | 2.95 | 0.90 | 19.92 | 15.45 | 11.14 | 12.82 | 24.64 | 18.28 | 13.78 | 15.39 | 35.04 | 25.77 | 20.95 | 18.72 | 26.52 | 26.16 | 18.78 | 17.45 | 20.70 | 18.16 | 9.78 | 6.70 | 7.45 | 9.68 | 4.98 | 3.23 | 6.27 | 3.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income (net) | 76.60 | 25.20 | 48.70 | 60.50 | 76.10 | 38.80 | 150.20 | 19.10 | 17.60 | 20.70 | 19.40 | 14.90 | -4.50 | -34.80 | -7.10 | -19.50 | -20.80 | -12.40 | -12.50 | -2.50 | -2.20 | 2.30 | 1.50 | 4.90 | 1.20 | 9.30 | 5.40 | 10.60 | 9.70 | 7.00 | 7.80 | 0.80 | 4.30 | 2.88 | 4.30 | 4.40 | 2.70 | -1.69 | 1.10 | 0.36 | 0.43 | 0.17 | 0.68 | 0.53 | 0.75 | 0.20 | 0.33 | 0.75 | 0.94 | 0.90 | 0.13 | 1.24 | 1.58 | 1.23 | 1.00 | 1.28 | 1.01 | 0.85 | 0.96 | 0.66 | 0.70 | 0.38 | 0.11 | 0.49 | 0.02 | 0.35 | 0.36 | 0.25 | 1.21 | 2.28 | 1.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 656.60 | 650.80 | 594.60 | 517.20 | 529.90 | 612.90 | 621.10 | 456.30 | 338.80 | 406.10 | 322.60 | 293.90 | 269.00 | 323.00 | 258.40 | 175.80 | 130.20 | 202.50 | 153.90 | 145.00 | 119.40 | 171.70 | 128.40 | 123.70 | 117.90 | 127.70 | 106.00 | 85.80 | 60.30 | 92.10 | 70.60 | 51.50 | 36.70 | 45.08 | 38.00 | 32.90 | 8.10 | 43.51 | 6.59 | -3.69 | -3.26 | 13.04 | -1.16 | 3.49 | 1.64 | 20.12 | 15.79 | 11.89 | 13.76 | 25.54 | 18.41 | 15.01 | 16.98 | 36.27 | 26.77 | 22.23 | 19.73 | 27.37 | 27.12 | 19.44 | 18.14 | 21.08 | 18.27 | 10.27 | 6.72 | 7.81 | 10.04 | 5.23 | 4.44 | 8.55 | 4.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income tax expense | 122.00 | 144.80 | 120.70 | 77.10 | 96.50 | 86.70 | 81.20 | 76.50 | 39.50 | 95.20 | -0.30 | 27.60 | 21.30 | 9.20 | 27.30 | 2.40 | -8.10 | 3.70 | -9.30 | 7.50 | 12.20 | 25.00 | 5.00 | 9.90 | 13.30 | 12.50 | 25.80 | 13.10 | 1.50 | -90.50 | 11.90 | 2.20 | -4.90 | 74.04 | 11.30 | 9.90 | -2.60 | 18.34 | 0.30 | -2.30 | -5.38 | 15.57 | -9.33 | 2.69 | 0.08 | 13.31 | 11.73 | 5.81 | 5.37 | 13.53 | 7.38 | 6.04 | 4.73 | 14.76 | 9.57 | 8.28 | 5.56 | 10.88 | 9.21 | 4.94 | 4.56 | 4.94 | 4.25 | 3.40 | 2.50 | -36.13 | 2.15 | 0.65 | 0.66 | 0.61 | 0.18 | 0.76 | 0.34 | 0.44 | 0.38 | 0.80 | 0.16 |
| Net income | 534.50 | 506.00 | 473.90 | 440.10 | 433.40 | 526.20 | 539.90 | 379.80 | 299.30 | 310.90 | 322.90 | 266.30 | 247.70 | 313.80 | 231.60 | 173.50 | 138.40 | 199.00 | 163.10 | 137.50 | 107.20 | 146.70 | 123.40 | 113.80 | 104.60 | 115.20 | 80.20 | 72.70 | 58.80 | 182.60 | 58.70 | 49.30 | 41.60 | -28.96 | 26.70 | 23.00 | 10.70 | 25.17 | 6.29 | -1.39 | 2.12 | -2.53 | 8.17 | 0.79 | 1.56 | 6.81 | 4.06 | 6.08 | 8.39 | 12.02 | 11.03 | 8.98 | 12.25 | 21.51 | 17.21 | 13.95 | 14.17 | 16.49 | 17.92 | 14.49 | 13.59 | 16.14 | 14.02 | 6.87 | 4.22 | 43.94 | 7.89 | 4.58 | 3.77 | 7.94 | 4.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |