Fortinet, Inc. (FTNT)

Fortinet, Inc. at a glance — key fundamentals, SEC filings, insider buying and selling, and earnings dates.

Fortinet, Inc. (FTNT) is a Software - Infrastructure company based in US with a market capitalization of $99.9B. Revenue grew 14.2% year-over-year and the company generated $2.2B in free cash flow. This page tracks FTNT's SEC filings, insider buying and selling, earnings dates, and key fundamentals in one place.

US · 14.56K employees · IPO Nov 18, 2009

Valuation

Valuation & price

$122.78 · as of May 17, 2026 · -22.8% vs 52w high

49.6

P/E ratio

Latest-FY diluted EPS

80.70

P/B ratio

Market cap ÷ book equity

Dividend yield

Price — last 12 months

$156$115$74.57Jul 25Dec 25Jul 26Jul 7, 25$106.65Jul 9, 25$107.65Jul 11, 25$99.06Jul 15, 25$104.93Jul 17, 25$104.92Jul 21, 25$106.94Jul 23, 25$105.06Jul 25, 25$104.82Jul 29, 25$104.77Jul 31, 25$99.90Aug 4, 25$98.55Aug 6, 25$96.58Aug 11, 25$74.57Aug 13, 25$79.33Aug 15, 25$79.11Aug 19, 25$78.09Aug 21, 25$77.75Aug 25, 25$77.64Aug 27, 25$78.13Aug 29, 25$78.77Sep 3, 25$76.58Sep 5, 25$78.83Sep 9, 25$79.84Sep 11, 25$80.89Sep 16, 25$79.78Sep 18, 25$80.99Sep 22, 25$85.01Sep 24, 25$83.60Sep 26, 25$84.32Sep 30, 25$84.08Oct 2, 25$86.29Oct 6, 25$86.38Oct 8, 25$86.46Oct 10, 25$83.04Oct 14, 25$83.08Oct 16, 25$83.14Oct 21, 25$84.78Oct 23, 25$84.93Oct 27, 25$85.29Oct 29, 25$84.22Oct 31, 25$86.43Nov 4, 25$85.22Nov 6, 25$80.54Nov 10, 25$82.28Nov 12, 25$82.14Nov 14, 25$82.31Nov 18, 25$80.15Nov 20, 25$78.04Nov 25, 25$80.87Nov 28, 25$81.13Dec 2, 25$82.94Dec 4, 25$85.18Dec 8, 25$83.53Dec 10, 25$81.60Dec 12, 25$82.22Dec 16, 25$82.47Dec 18, 25$79.75Dec 22, 25$81.74Dec 24, 25$81.18Dec 29, 25$80.82Jan 2, 26$77.88Jan 6, 26$78.44Jan 8, 26$78.05Jan 12, 26$78.66Jan 14, 26$76.39Jan 16, 26$75.38Jan 21, 26$75.75Jan 23, 26$81.64Jan 27, 26$81.71Jan 29, 26$81.51Feb 2, 26$81.29Feb 4, 26$81.12Feb 9, 26$85.93Feb 11, 26$87.82Feb 13, 26$85.56Feb 18, 26$80.69Feb 20, 26$80.00Feb 24, 26$75.23Feb 26, 26$79.20Mar 2, 26$79.18Mar 4, 26$82.79Mar 6, 26$83.67Mar 10, 26$84.20Mar 12, 26$84.40Mar 17, 26$83.16Mar 19, 26$83.12Mar 23, 26$82.77Mar 25, 26$78.89Mar 27, 26$78.20Mar 31, 26$81.72Apr 2, 26$82.53Apr 7, 26$83.72Apr 9, 26$80.66Apr 13, 26$78.74Apr 15, 26$79.64Apr 17, 26$81.84Apr 22, 26$87.09Apr 24, 26$84.34Apr 28, 26$85.72Apr 30, 26$84.31May 4, 26$89.24May 6, 26$89.95May 8, 26$114.07May 12, 26$113.87May 14, 26$121.86May 18, 26$126.50May 20, 26$130.00May 22, 26$133.93May 28, 26$129.70Jun 1, 26$147.14Jun 3, 26$146.48Jun 5, 26$144.68Jun 9, 26$138.39Jun 11, 26$145.06Jun 15, 26$149.49Jun 17, 26$144.14Jun 22, 26$145.39Jun 24, 26$145.28Jun 26, 26$151.35Jul 2, 26$156.25
$74.3952-week range$158.98
Loading valuation history…

Fundamentals

Key fundamentals

$99.9B

Market cap

14.2%

Revenue growth (YoY)

80.8%

Gross margin

$2.2B

Free cash flow (USD)

-$2.6B

Net debt

Net cash position

-2.8%

Share dilution

2/5

Graham criteria passed

Defensive-investor screen

Technology

Sector

Trajectory

Long-term trends

Revenue by year

20162025

FY 2016$1.3BFY 2017$1.5BFY 2018$1.8BFY 2019$2.2BFY 2020$2.6BFY 2021$3.3BFY 2022$4.4BFY 2023$5.3BFY 2024$6.0BFY 2025$6.8B
$1.3B$6.8B

Free cash flow by year

20162025

FY 2016$278.5MFY 2017$459.1MFY 2018$585.9MFY 2019$715.8MFY 2020$957.8MFY 2021$1.2BFY 2022$1.4BFY 2023$1.7BFY 2024$1.9BFY 2025$2.2B
$278.5M$2.2B

Gross margin by year

20212025

FY 202176.6%FY 202275.4%FY 202376.7%FY 202480.6%FY 202580.8%
76.6%80.8%

Value screen

Graham defensive-investor tests

Computing the scorecard — refreshing any stale inputs…

0

Insider buys · 90 days

10

Insider sells · 90 days

Earnings

Last report: 10-Q filed May 8, 2026

Next expected: not yet scheduled

On the tape

Recent SEC & insider activity

  • 8-K eventAnnual Meeting ResultsJun 16, 2026Filing
  • Insider sellInsider Sell $572K · 10b5-1 PlanXie Michael · Director, VP, ENGINEERING & CTO · $572.1KJun 3, 2026Filing
  • Insider sellInsider Sell $23.4M · 10b5-1 PlanXie Ken · Director, PRESIDENT & CEO · $23.4MJun 3, 2026Filing
  • Insider sellInsider Sell $18.7M · 10b5-1 PlanWhittle John · CHIEF OPERATING OFFICER · $18.7MMay 22, 2026Filing
  • Insider sellInsider Sell $31K · 10b5-1 PlanOhlgart Christiane · Chief Financial Officer · $30.9KMay 20, 2026Filing
  • Insider sellInsider Sell $91K · 10b5-1 PlanOhlgart Christiane · Chief Financial Officer · $90.7KMay 15, 2026Filing
  • Insider sellInsider Sell $27K · 10b5-1 PlanOhlgart Christiane · Chief Financial Officer · $27.4KMay 13, 2026Filing
  • Insider sellInsider Sell $83K · 10b5-1 PlanOhlgart Christiane · Chief Financial Officer · $83.2KMay 8, 2026Filing
  • Quarterly report10-Q FiledMay 8, 2026Filing
  • 8-K eventEarnings ReleaseMay 6, 2026Filing

Questions

Frequently asked questions

What is Fortinet, Inc.'s market cap?

Fortinet, Inc. (FTNT) has a market capitalization of $99.9B.

What is FTNT's P/E ratio?

FTNT trades at a price-to-earnings ratio of 49.6, based on its latest fiscal-year diluted earnings per share and the most recent cached price.

What is FTNT's price-to-book (P/B) ratio?

FTNT trades at 80.70 times book value per share.

Are insiders buying FTNT stock?

SEC Form 4 filings show no open-market insider buys at Fortinet, Inc. in the last 90 days (10 sells).

Same arena

Related companies in Software - Infrastructure

Timeline

Every filing, insider trade & earnings on a price-anchored timeline

Filing Analyzer

Search the actual 10-K / 10-Q text with AI research angles

News

Latest press coverage in one feed

Data: SEC EDGAR filings and cached fundamental data; prices and ratios use the most recent cached quote and statements (may lag by up to a day). Educational and research purposes only. Not investment advice.