Fortinet, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Fortinet, Inc. reported net income of $1.85B on revenue of $6.80B. Operating cash flow was $2.59B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $1.49B | $1.80B | $2.16B | $2.59B | $3.34B | $4.42B | $5.30B | $5.96B | $6.80B |
| Gross profit | $937.60M | $1.11B | $1.35B | $1.66B | $2.02B | $2.56B | $3.33B | $4.07B | $4.80B | $5.47B |
| Operating income | $42.90M | $109.80M | $234.40M | $351.00M | $531.80M | $650.40M | $969.60M | $1.24B | $1.80B | $2.08B |
| Net income | $32.20M | $31.40M | $334.90M | $331.70M | $488.50M | $606.80M | $857.30M | $1.15B | $1.75B | $1.85B |
| Diluted EPS | $0.18 | $0.18 | $1.92 | $1.90 | $0.58 | $0.73 | $1.06 | $1.46 | $2.26 | $2.42 |
| Operating cash flow | $345.70M | $594.40M | $638.90M | $808.00M | $1.08B | $1.50B | $1.73B | $1.94B | $2.26B | $2.59B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 80.5% | 30.7% | 27.3% |
| Dec 2024 | 80.6% | 30.3% | 29.3% |
| Dec 2023 | 76.7% | 23.4% | 21.6% |
| Dec 2022 | 75.4% | 21.9% | 19.4% |
| Dec 2021 | 76.6% | 19.5% | 18.2% |
Source: SEC EDGAR XBRL company facts for CIK 1262039 (raw data). Most recent filing in this dataset: 10-Q filed Oct 30, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.