FortinetFTNTEarnings & Financial Report
Fortinet, Inc. is an American cybersecurity company headquartered in Sunnyvale, California. It develops and sells security products including firewalls, endpoint security and intrusion detection systems. Fortinet has offices in the US, Canada, and UK.
FTNT Q3 2025 Key Financial Metrics
Revenue
$1.7B
Gross Profit
$1.4B
Operating Profit
$547.3M
Net Profit
$473.9M
Gross Margin
80.8%
Operating Margin
31.7%
Net Margin
27.5%
YoY Growth
14.4%
EPS
$0.62
Financial Flow
Fortinet Q3 2025 Financial Summary
Fortinet reported revenue of $1.7B for Q3 2025, with a net profit of $473.9M (27.5% margin). Cost of goods sold was $331.7M, operating expenses totaled $845.9M.
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $473.9M |
| Gross Margin | 80.8% |
| Operating Margin | 31.7% |
| Report Period | Q3 2025 |
Fortinet Annual Revenue by Year
Fortinet annual revenue history includes year-by-year totals (for example, 2024 revenue was $6.0B).
| Year | Annual Revenue |
|---|---|
| 2024 | $6.0B |
| 2023 | $5.3B |
| 2022 | $4.4B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.42B | $1.35B | $1.43B | $1.51B | $1.66B | $1.54B | $1.63B | $1.72B |
| YoY Growth | 10.3% | 7.2% | 10.9% | 13.0% | 17.3% | 13.8% | 13.6% | 14.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.26B | $7.66B | $8.05B | $8.85B | $9.76B | $10.41B | $10.64B | $9.36B |
| Liabilities | $7.72B | $7.80B | $7.76B | $7.94B | $8.27B | $8.44B | $8.58B | $8.63B |
| Equity | $-463.4M | $-137.5M | $288.2M | $908.1M | $1.49B | $1.96B | $2.06B | $735.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $191.7M | $830.4M | $342.0M | $608.1M | $477.6M | $863.3M | $451.9M | $655.2M |
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