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Fortinet FTNT Compensation and benefits

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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$112.55B+44.0%
Enterprise value$110.89B+46.1%
P/E57.6×+17.3×
P/S15.8×+3.5×

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:EmployeeRelatedLiabilitiesCurrent.

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 compensation and benefits?
Fortinet (FTNT) reported compensation and benefits of $292.4M in Q1 2026.
How has Fortinet's compensation and benefits changed year-over-year?
Fortinet's compensation and benefits increased by 16.9% year-over-year, from $250.2M to $292.4M.
What is the long-term trend for Fortinet's compensation and benefits?
Over 5 years (2020 to 2025), Fortinet's compensation and benefits has grown at a 16.5% compound annual growth rate (CAGR), from $145.9M to $312.9M.
What does compensation and benefits mean?
This metric captures short-term obligations related to employee compensation, including unpaid bonuses, commissions, vacation pay, and payroll taxes. It reflects the company's immediate liability to its workforce for services rendered. Monitoring this helps assess the company's short-term cash requirements for human capital.