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Fortinet FTNT Accretion (Amortization) of Discounts and Premiums, Investments

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Other financials

Income statement

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Revenue$1.8B+20.1%
Gross profit$1.5B+19.1%
Operating income$580.0M+27.8%
Net income$534.5M+23.3%
EPS (diluted)$0.72+28.6%

Balance sheet

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Cash & equivalents$2.2B-38.2%
Total debt$567.2M-47.3%
Total equity$989.7M-49.6%
Total assets$9.9B-5.0%

Cash flow

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Operating cash flow$1.1B+24.8%
CapEx$70.6M+6.2%
Free cash flow$1.0B+26.3%

Valuation

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Market cap$106.44B+43.7%
Enterprise value$104.78B+46.4%
P/E54.5×+15.1×
P/S15×+2.9×

Profitability

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Gross margin80.3%-1.0pp
Operating margin31.1%-0.4pp
Net margin27.5%-3.1pp
FCF margin34.3%+0.6pp

Returns & leverage

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Return on equity132.4%
Debt / equity0.6×0.0×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The official record: Fortinet’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortinet's accretion (amortization) of discounts and premiums, investments?
Fortinet (FTNT) reported accretion (amortization) of discounts and premiums, investments of $4.8M in Q1 2026.
How has Fortinet's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Fortinet's accretion (amortization) of discounts and premiums, investments decreased by 53.4% year-over-year, from $10.3M to $4.8M.
What is the long-term trend for Fortinet's accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), Fortinet's accretion (amortization) of discounts and premiums, investments has grown at a 48.7% compound annual growth rate (CAGR), from -$6.9M to $33.7M.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the adjustment to the carrying value of investment securities to reflect the amortization of premiums or the accretion of discounts over the life of the investment. It reconciles the difference between the purchase price and the face value of debt instruments held by the company.