TTM
$2.69B
YoY change
+12.0%
5Y CAGR
+32.2%
Peak year (2025)
$2.46B
Cumulative EBITDA
$10.86B
EBITDA history chart for Fortinet (FTNT) from 2006 to 2025
Latest: $2.46B
EBITDA growth chart for Fortinet (FTNT) from 2006 to 2025
Latest: +12.0%
EBITDA history table for Fortinet (FTNT) from 2006 to 2025
| 2025 | $2.46B | +12.0% | +$263.30M | ||
| 2024 | $2.20B | +49.9% | +$733.20M | ||
| 2023 | $1.47B | +36.2% | +$390.30M | ||
| 2022 | $1.08B | +48.1% | +$350.10M | ||
| 2021 | $727.70M | +19.2% | +$117.20M | ||
| 2020 | $610.50M | +36.4% | +$162.90M | ||
| 2019 | $447.60M | +54.3% | +$157.50M | ||
| 2018 | $290.10M | +75.2% | +$124.50M | ||
| 2017 | $165.60M | +73.6% | +$70.20M | ||
| 2016 | $95.40M | +76.5% | +$41.33M | ||
| 2015 | $54.07M | -33.5% | −$27.29M | ||
| 2014 | $81.35M | -7.3% | −$6.36M | ||
| 2013 | $87.71M | -21.7% | −$24.33M | ||
| 2012 | $112.04M | +16.8% | +$16.15M | ||
| 2011 | $95.89M | +57.1% | +$34.86M | ||
| 2010 | $61.04M | +95.2% | +$29.77M | ||
| 2009 | $31.27M | +241.3% | +$22.11M | ||
| 2008 | $9.16M | -152.6% | +$26.59M | ||
| 2007 | −$17.42M | +600.3% | −$14.94M | ||
| 2006 | −$2.49M | — | — |
- 2025$2.46B+12.0%
- 2024$2.20B+49.9%
- 2023$1.47B+36.2%
- 2022$1.08B+48.1%
- 2021$727.70M+19.2%
- 2020$610.50M+36.4%
- 2019$447.60M+54.3%
- 2018$290.10M+75.2%
- 2017$165.60M+73.6%
- 2016$95.40M+76.5%
- 2015$54.07M-33.5%
- 2014$81.35M-7.3%
- 2013$87.71M-21.7%
- 2012$112.04M+16.8%
- 2011$95.89M+57.1%
- 2010$61.04M+95.2%
- 2009$31.27M+241.3%
- 2008$9.16M-152.6%
- 2007−$17.42M+600.3%
- 2006−$2.49M—
EBITDA values are taken from Fortinet's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's current EBITDA (TTM) is $2.69B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Fortinet (FTNT) EBITDA totalled $2.46B – grew 12.0% year-over-year.
Fortinet EBITDA has grown for 10 consecutive years, with a +32.2% compound annual growth rate over 2020–2025 (5 years).
The highest annual EBITDA of $2.46B was reported in 2025. The lowest in the available history was −$17.42M in 2007.
Fortinet EBITDA by Year
Fortinet EBITDA 2025: $2.46B
In 2025, Fortinet reported EBITDA of $2.46B, grew 12.0% from 2024. This figure represents the highest annual value in the available history.
Fortinet EBITDA 2024: $2.20B
Fortinet EBITDA in 2024 was $2.20B, surged 49.9% from 2023.
Fortinet EBITDA 2023: $1.47B
2023's EBITDA for Fortinet came in at $1.47B, surged 36.2% from 2022.
Fortinet EBITDA 2022: $1.08B
Fortinet posted EBITDA of $1.08B in 2022, surged 48.1% from 2021.
Fortinet EBITDA 2021: $727.70M
Fortinet EBITDA in 2021 was $727.70M.
See more financial history for Fortinet (FTNT).
Sector peers by EBITDA
Technology peers of Fortinet (FTNT), ranked by their latest EBITDA
| $160.16B | |
| $144.55B | |
| $144.43B | |
| $88.75B | |
| $34.71B | |
| $18.49B | |
| $14.61B | |
| $7.28B |
- $160.16B
- $144.55B
- $144.43B
- $88.75B
- $34.71B
- $18.49B
- $14.61B
- $7.28B
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