FTNT Q4 2025 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

Q4 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.9B+14.8% YoY

Gross Profit

$1.5B79.6% margin

Operating Income

$626M32.8% margin

Net Income

$506M26.6% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$620M

Free Cash Flow

$577M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$9.2B

Stockholders' Equity

$1.2B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+14.8%
Gross Profit	$1.5B	$1.3B	+12.6%
Operating Income	$626M	$574M	+9.0%
Net Income	$506M	$526M	-3.8%

Revenue Segments

Security Subscription

$694M36%

Product

$691M36%

Technical Support and Other

$520M27%

Geographic Segments

Europe, Middle East and Africa

$825M43%

Americas

$731M38%

Asia Pacific and Japan

$349M18%