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Fortinet FTNT Market capitalization

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Other financials

Income statement

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Revenue$2.0B+25.6%
Gross profit$1.6B+24.9%
Operating income$689.3M+50.5%
Net income$606.3M+37.8%
EPS (diluted)$0.82+43.9%

Balance sheet

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Cash & equivalents$2.9B-12.9%
Total debt$496.9M-54.4%
Total equity$1.6B-24.7%
Total assets$10.9B+2.0%

Cash flow

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Operating cash flow$1.0B+131%
CapEx$78.0M-53.5%
Free cash flow$965.6M+240%

Valuation

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Enterprise value$116.39B+59.1%
P/E56×+17.1×
P/S15.8×+3.9×

Profitability

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Gross margin80.2%-1.1pp
Operating margin32.4%+1.6pp
Net margin28.2%-2.4pp
FCF margin41.4%+9.3pp

Returns & leverage

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Return on equity117.4%-47.7pp
Debt / equity0.3×-0.2×
Current ratio1.3×0.0×

Where this comes from

Computed from the period-end share price: $112.55B.

The source filing: Fortinet’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:08 PM EDT
Accession
0001262039-26-000018

FAQ

What is Fortinet's market capitalization?
Fortinet (FTNT) reported market capitalization of $112.55B in Q2 2026.
How has Fortinet's market capitalization changed year-over-year?
Fortinet's market capitalization increased by 40.8% year-over-year, from $79.92B to $112.55B.
What is the long-term trend for Fortinet's market capitalization?
Over 5 years (2020 to 2025), Fortinet's market capitalization has grown at a 19.5% compound annual growth rate (CAGR), from $24.21B to $59.05B.
What does market capitalization mean?
The total market value of the company's equity at the quarter end (share price × shares outstanding), sampled from daily market data. The latest point tracks the live price.

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