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Fortinet FTNT 2026

Other financials

Income statement

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

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

Operating cash flow$1.1B+24.8%

CapEx$70.6M+6.2%

Free cash flow$1.0B+26.3%

Valuation

Market cap$106.44B+39.3%

Enterprise value$104.78B+41.8%

P/E54.5×+13.8×

P/S15×+2.5×

Profitability

Gross margin80.3%-1.0pp

Operating margin31.1%-0.4pp

Net margin27.5%-3.1pp

FCF margin34.3%+0.6pp

Returns & leverage

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 ftnt:InventoryPurchaseObligationToBePaidRemainderOfYearOne.

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 2026?: Fortinet (FTNT) reported 2026 of $1.3B in Q1 2026.
How has Fortinet's 2026 changed year-over-year?: Fortinet's 2026 increased by 89.1% year-over-year, from $686.1M to $1.3B.