Fortinet, Inc. (FTNT)
NASDAQ · Technology · Software - Infrastructure
Profile
Fortinet, Inc.
- Exchange
- NASDAQ
- Ticker
- FTNT
- Sector
- Technology
- Industry
- Software - Infrastructure
- Country
- US
Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
Key facts
Fortinet, Inc.: key facts
- Fortinet, Inc. (NASDAQ: FTNT) is a Software - Infrastructure company in the Technology sector.
- In fiscal 2025, Fortinet, Inc. reported revenue of $6.8B and net income of $1.9B.
- Revenue grew 19.4% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $7.9B and net income was $2.3B.
MonkScore
Fortinet, Inc.'s MonkScore
MonkScore
MonkScore range: 90–100
as of October 2026
Sector rank: 7 of 1030 in Technology
How this score is madeDisclaimer
Pillar ranges
- Growth90–100
- Profitability90–100
- Quality70–80
- Market Conviction90–100
- Safety90–100
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Fortinet, Inc.'s annual figures and the last twelve months, in USD. Last report: 30 September 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $7.9B | $6.8B | $6.0B | $5.3B | $4.4B | $3.3B |
| Gross profit | $6.3B | $5.5B | $4.8B | $4.1B | $3.3B | $2.6B |
| Operating income | $2.6B | $2.1B | $1.8B | $1.2B | $969.6M | $650.4M |
| Net income | $2.3B | $1.9B | $1.7B | $1.1B | $857.3M | $606.8M |
| Operating cash flow | $3.7B | $2.6B | $2.3B | $1.9B | $1.7B | $1.5B |
| Capital expenditure | -$255.6M | -$364.8M | -$378.9M | -$204.1M | -$281.2M | -$295.9M |
| Free cash flow | $3.4B | $2.2B | $1.9B | $1.7B | $1.4B | $1.2B |
| Total debt | $497.1M | $996.3M | $994.3M | $992.3M | $990.4M | $988.4M |
| Cash | $3.8B | $2.5B | $2.9B | $1.4B | $1.7B | $1.3B |
Revenue growth a year
- 1-year
- 14.2%
- 3-year
- 15.5%
- 4-year
- 19.4%
Compound growth between fiscal years.
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Page built on 31 October 2026.