FY2025 · period end Dec '25 · from the 10-K filed Feb 25, 2026
Data as filed with the SEC, provided for information only — not investment advice.
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Revenue | $6.80B | $5.96B | $5.30B | $4.42B | $3.34B |
| Gross Profit | $5.47B | $4.80B | $4.07B | $3.33B | $2.56B |
| Operating Income | $2.08B | $1.80B | $1.24B | $0.97B | $0.65B |
| Net Income | $1.85B | $1.75B | $1.15B | $0.86B | $0.61B |
| EPS (Diluted) | $2.42 | $2.26 | $1.46 | $1.06 | $0.73 |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Total Assets | $10.39B | $9.76B | $7.26B | $6.23B | $5.92B |
| Total Liabilities | $9.15B | $8.27B | $7.72B | $6.51B | $5.12B |
| Stockholders' Equity | $1.24B | $1.49B | negative: -$0.46B | negative: -$0.28B | $0.80B |
| Cash & Equivalents | $2.50B | $2.88B | $1.40B | $1.68B | $1.32B |
| Total Debt | — | — | — | — | — |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.59B | $2.26B | $1.94B | $1.73B | $1.50B |
| Capital Expenditures | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Gross Margin | 80.5% | 80.6% | 76.7% | 75.4% | 76.6% |
| Operating Margin | 0.3% | 0.3% | 0.2% | 0.2% | 19.5% |
| Net Margin | 0.3% | 0.3% | 0.2% | 0.2% | 18.2% |
| Return on Equity | 135.7% | 116.8% | negative: -247.7% | negative: -304.4% | 76.0% |
| Return on Assets | 18.4% | 20.5% | 17.0% | 14.1% | 10.3% |
| Debt / Equity | 0.81× | 0.67× | — | — | — |
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MCP docs| Form | Accession ID | Report Date | Filing Date | Accepted At | Source |
|---|---|---|---|---|---|
| 10-Q | 0001262039-26-000021 | Jun 30, 2026 | Jul 30, 2026 | Jul 31, 2026 01:30 UTC | EDGAR |
| 10-Q | 0001262039-26-000013 | Mar 31, 2026 | May 8, 2026 | May 8, 2026 03:02 UTC | EDGAR |
| 10-K | 0001262039-26-000007 | Dec 31, 2025 | Feb 25, 2026 | Feb 25, 2026 00:25 UTC | EDGAR |
| 10-Q | 0001262039-25-000039 | Sep 30, 2025 | Nov 7, 2025 | Nov 7, 2025 04:02 UTC | EDGAR |
| 10-Q | 0001262039-25-000028 | Jun 30, 2025 | Aug 8, 2025 | Aug 8, 2025 03:33 UTC | EDGAR |
| 10-Q | 0001262039-25-000017 | Mar 31, 2025 | May 8, 2025 | May 9, 2025 00:43 UTC | EDGAR |
| 10-K | 0001262039-25-000011 | Dec 31, 2024 | Feb 21, 2025 | Feb 22, 2025 03:25 UTC | EDGAR |
| 10-Q | 0001262039-24-000043 | Sep 30, 2024 | Nov 8, 2024 | Nov 9, 2024 02:03 UTC | EDGAR |
| 10-Q | 0001262039-24-000037 | Jun 30, 2024 | Aug 8, 2024 | Aug 8, 2024 01:39 UTC | EDGAR |
| 10-Q | 0001262039-24-000020 | Mar 31, 2024 | May 6, 2024 | May 7, 2024 00:34 UTC | EDGAR |
| 10-K | 0001262039-24-000014 | Dec 31, 2023 | Feb 26, 2024 | Feb 24, 2024 04:25 UTC | EDGAR |
| 10-Q | 0001262039-23-000038 | Sep 30, 2023 | Nov 7, 2023 | Nov 7, 2023 04:42 UTC | EDGAR |
Direct links to SEC EDGAR. FTNT has additional filings available on the SEC site.
6 numbers Fortinet, Inc. later changed — same XBRL tag, both filings linked.
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest·Q1 2016
Major restatementwas-$5.2M
Revised up in a 10-Q.
Operating Income (Loss)·Q1 2016
Major restatementwas-$5.7M
Revised up in a 10-Q.
Stockholders' Equity Attributable to Parent·As of Jun 30, 2020
Notable restatementwas$543.9M
Revised up in a 10-Q.
Stockholders' Equity Attributable to Parent·As of Mar 31, 2020
Notable restatementwas$536.3M
Revised up in a 10-Q.
Stockholders' Equity Attributable to Parent·As of Dec 31, 2017
Notable restatementwas$589.4M
Revised up in a 10-K.
Operating Income (Loss)·FY 2019
Minor restatementwas$344.2M
Revised up in a 10-K.
FTNT is not the only one.
See every restatement we've found across the market — or get an alert the next time FTNT revises a number.
Restatements are detected by comparing every vintage of a fact across all of Fortinet, Inc.'s filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows FTNT's most significant revisions, and a figure absent from it has not been certified as unrevised.