Fortinet, Inc.
Company Stats
- Market Cap
- $131.2B
- as of Sep 30, 2026
- Enterprise Value
- $129.7B
- Shares Outstanding
- 733.7M
- Free Float
- 82.4%
Income Statement
- Revenue
- $6.8B
- Operating Income
- $2.1B
- Net Income
- $1.9B
- EBITDA
- $2.2B
- Revenue Growth, 3Y
- 15.5%
- FCF Margin, 3Y Avg
- 32.3%
- FCF Margin, Worst Year
- 31.6%
Cash Flow
- Free Cash Flow
- $2.2B
- FCF Yield
- 1.7%
- Owner FCF Yield
- 1.5%
Balance Sheet
- Cash & Equivalents
- $2.5B
- Total Debt
- $1.0B
- Net Cash
- $1.5B
- EV / EBITDA
- 57.97x
Returns & Capital
- Share Repurchases
- $2.3B
- Buyback Yield, 3Y Avg
- 1.0%
- SBC, 3Y Avg
- $262.1M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $6.8B | $2.2B | 32.7% |
| FY2024 | $6.0B | $1.9B | 31.6% |
| FY2023 | $5.3B | $1.7B | 32.6% |
| FY2022 | $4.4B | $1.4B | 32.8% |
| FY2021 | $3.3B | $1.2B | 36.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
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