Net Income
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
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
Metric ID:
is_net_incomeHistorical Data
20 periods
| 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 | $163.10M | $199.00M | $138.40M | $173.50M | $231.60M | $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 | — | +18.6% | +22.0% | -30.5% | +25.4% | +33.5% | +35.5% | -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 | — | — | — | — | +26.2% | +42.0% | +57.7% | +79.0% | +53.5% | +39.4% | -0.9% | +20.8% | +42.6% | +67.2% | +69.3% | +44.8% | +15.9% | -12.2% | -3.8% | +23.3% |
Range$137.50M – $539.90M
CAGR+33.1%
Avg YoY Growth+35.3%
Median YoY Growth+40.7%
Current Streak4 quarters growth
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 $606.80M to $1.85B.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.