Fortinet, Inc. FTNT

NASDAQTechnology ServicesUnited States

$127.22-2.32 (-1.79%)

Market closed· Nov 13, 2026, 9:00 PM UTC· USD · Data may be delayed

Day's range: 125.14131.71
52-week range: 73.55197.13

Financial health

– / 5

Analyst view · 47 firms

Hold9 buy · 32 hold · 6 sell

Avg. target $146.81 (+15.4%)

Prices may be delayed and are for informational purposes only - not investment advice.

Fortinet, Inc. FTNT

NASDAQTechnology ServicesUnited States

$127.22-2.32 (-1.79%)

Market closed· Nov 13, 2026, 9:00 PM UTC· USD · Data may be delayed

Day's range: 125.14131.71
52-week range: 73.55197.13

Financial health

– / 5

Analyst view · 47 firms

Hold9 buy · 32 hold · 6 sell

Avg. target $146.81 (+15.4%)

Valuation from filings

Calculated from the tables below and the current price ($127.22) · LTM · 2026/9 · 2026-09-30

P/E: 41.31EPS $3.08
P/B: 42.00BV/share $3.03
P/S: 11.97Sales/share $10.62
Return on equity: 101.6%Net income / equity
Net margin: 29.0%Operating margin 33.0%
Free cash flow yield: 3.8%Free cash flow / market cap

Revenue and net income

Fiscal year · $ billions · net margin below

RevenueNet Income

Financial statements

$ millions · Under each value: change against a year earlier

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Fiscal year	2021	2022	2023	2024	2025	LTM
Income Statement
Revenue	3,342	4,417+32%	5,305+20%	5,956+12%	6,800+14%	7,881
Cost of Revenue
Gross Profit
Operating expenses
Operating Income
EBITDA
Pre-tax income
Income tax (expense) / benefit
Net Income	607	857+41%	1,148+34%	1,745+52%	1,853+6%	2,282
Earnings per share ($)
Margins
Gross margin
Operating margin
EBITDA margin
Net margin

Taken from the company's own 10-K and 10-Q filings via the SEC's XBRL data service. The "LTM" column is the last completed fiscal year plus the current year to date, minus the same period a year earlier. Lines a company tags with a non-standard label are left blank rather than filled with an approximation. Not investment advice.