Skip to content
Screener

Fortinet FTNT Share Repurchase Program, Excise Tax

Share Repurchase Program, Excise Tax at other companies

SkyWest logo
SkyWestSKYW
$725K
FTI Consulting logo
FTI ConsultingFCN
$3.85M+16.5%
Jackson Financial logo
Jackson FinancialJXN
$10M+66.7%
Valvoline logo
ValvolineVVV
$2.1M
ConocoPhillips logo
ConocoPhillipsCOP
$20M+66.7%
Hancock Whitney Corporation logo
Hancock Whitney CorporationHWC
$500K

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$120.48B+111%
Enterprise value$118.05B+115%
P/E56.8×+27.4×
P/S16×+7.0×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:ShareRepurchaseProgramExciseTax.

The source filing: Fortinet’s 10-K, filed February 25, 2026.

Filed
Feb 24, 2026, 7:00 PM EST
Fiscal year
FY2026
Accession
0001262039-26-000007
Line itemCommon Stock / SharesCommon Stock / AmountAdditional Paid-In CapitalAccumulated Other Comprehensive LossAccumulated DeficitTotal Stockholders’ Equity (Deficit)
BALANCE—December 31, 2022781.5$0.8$1,284.2$(20.2)$(1,546.4)$(281.6)
Issuance of common stock in connection with equity incentive plans - net of tax withholding6.7(68.5)(68.5)
Repurchase and retirement of common stock(27.2)(37.4)(1,463.1)(1,500.5)
Excise tax on net stock repurchases(10.9)(10.9)
Stock-based compensation expense249.0249.0
Net unrealized gain on investments - net of tax6.86.8
Foreign currency translation adjustment(5.5)(5.5)
Net income1,147.81,147.8

ITEM 8. Financial Statements and Supplementary Data

FAQ

What is Fortinet's share repurchase program, excise tax?
Fortinet (FTNT) reported share repurchase program, excise tax of $4.58M in Q4 2025.
What does share repurchase program, excise tax mean?
This captures the excise tax paid on the repurchase of corporate stock, as required by recent tax legislation. It represents an additional cost associated with returning capital to shareholders. Monitoring this helps quantify the total cost of share buyback programs beyond the market value of the shares repurchased.

Ask your AI about Fortinet's share repurchase program, excise tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude