FTNT Q2 2025 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

Q2 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.6B+13.6% YoY

Gross Profit

$1.3B81.5% margin

Operating Income

$457M28.0% margin

Net Income

$440M27.0% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$452M

Free Cash Flow

$284M

Stock-Based Comp.

$69M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$8.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.4B	+13.6%
Gross Profit	$1.3B	$1.2B	+14.6%
Operating Income	$457M	$437M	+4.5%
Net Income	$440M	$380M	+15.9%

Revenue Segments

Security Subscription

$644M40%

Product

$509M31%

Technical Support and Other

$477M29%

Geographic Segments

Europe, Middle East and Africa

$667M41%

Americas

$659M40%

Asia Pacific and Japan

$304M19%