Fortinet, Inc.

FTNT · NASDAQ
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$1,724,900$1,630,000$1,539,700$1,660,100
% Growth5.8%5.9%-7.3%
Cost of Goods Sold$318,600$301,700$293,100$314,500
Gross Profit$1,406,300$1,328,300$1,246,600$1,345,600
% Margin81.5%81.5%81%81.1%
R&D Expenses$202,400$209,500$198,600$191,100
G&A Expenses$61,400$56,900$57,800$55,100
SG&A Expenses$644,900$648,900$600,500$581,600
Sales & Mktg Exp.$583,500$592,000$542,700$526,500
Other Operating Expenses$13,100$13,200-$6,300-$1,200
Operating Expenses$860,400$871,600$792,800$771,500
Operating Income$545,900$456,700$453,800$574,100
% Margin31.6%28%29.5%34.6%
Other Income/Exp. Net$48,700$60,500$76,100$38,800
Pre-Tax Income$594,600$517,200$529,900$612,900
Tax Expense$120,700$77,100$96,500$86,700
Net Income$473,900$440,100$433,400$526,200
% Margin27.5%27%28.1%31.7%
EPS0.630.570.560.69
% Growth10.5%1.8%-18.8%
EPS Diluted0.620.570.560.68
Weighted Avg Shares Out763,100766,900768,300766,500
Weighted Avg Shares Out Dil770,200774,800776,800775,200
Supplemental Information
Interest Income$40,700$45,000$44,300$42,300
Interest Expense$6,200$4,600$4,900$4,900
Depreciation & Amortization$0$38,300$35,800$35,200
EBITDA$600,800$560,200$560,000$658,500
% Margin34.8%34.4%36.4%39.7%