Net Income
Fortinet Net Income increased by 5.6% to $534.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.3%, from $433.40M to $534.50M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 32.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
cf_net_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $137.50M | $163.20M | $198.80M | $138.30M | $173.40M | $231.10M | $313.80M | $247.70M | $266.30M | $322.90M | $310.90M | $299.30M | $379.80M | $539.90M | $526.20M | $433.40M | $440.10M | $473.90M | $506.00M | $534.50M |
| QoQ Change | — | +18.7% | +21.8% | -30.4% | +25.4% | +33.3% | +35.8% | -21.1% | +7.5% | +21.3% | -3.7% | -3.7% | +26.9% | +42.2% | -2.5% | -17.6% | +1.5% | +7.7% | +6.8% | +5.6% |
| YoY Change | — | — | — | — | +26.1% | +41.6% | +57.8% | +79.1% | +53.6% | +39.7% | -0.9% | +20.8% | +42.6% | +67.2% | +69.3% | +44.8% | +15.9% | -12.2% | -3.8% | +23.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Reportable Segment | $379.80M | $539.90M | $526.20M | $433.40M | $440.10M | $473.90M | $506.00M | $534.50M |
| Total | $379.80M | $539.90M | $526.20M | $433.40M | $440.10M | $473.90M | $506.00M | $534.50M |
Net Income at Other Companies
Frequently Asked Questions
- What is Fortinet's net income?
- Fortinet (FTNT) reported net income of $534.50M in Q1 2026.
- How has Fortinet's net income changed year-over-year?
- Fortinet's net income increased by 23.3% year-over-year, from $433.40M to $534.50M.
- What is the long-term trend for Fortinet's net income?
- Over 4 years (2021 to 2025), Fortinet's net income has grown at a 32.2% compound annual growth rate (CAGR), from $606.70M to $1.85B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.