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Net Assets for Fortinet (FTNT)

According to Fortinet's latest reported financial statements, the company's latest reported net assets is $1.24B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$1.24B

YoY change

-17.2%

5Y CAGR

+7.7%

Peak year (2024)

$1.49B

Latest annual

$1.24B

Net Assets history chart for Fortinet (FTNT) from 2007 to 2025

Net Assets history table for Fortinet (FTNT) from 2007 to 2025

Fiscal yearPeriod endedReportedNet AssetsYoY
2025$1.24B-17.2%
2024$1.49B-422.4%
2023-$463.40M+64.6%
2022-$281.60M-136.0%
2021$781.70M-8.7%
2020$856.00M-36.2%
2019$1.34B+32.9%
2018$1.01B+71.4%
2017$589.40M-29.6%
2016$837.68M+10.9%
2015$755.38M+11.7%
2014$675.97M+15.4%
2013$585.76M+14.6%
2012$510.93M+42.6%
2011$358.35M+54.2%
2010$232.45M+63.2%
2009$142.45M-2824.3%
2008-$5.23M-72.4%
2007-$18.93M

Net Assets values are taken from Fortinet's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Fortinet (FTNT) net assets totalled $1.24B – declined 17.2% year-over-year.

Fortinet net assets has recorded the values shown across consecutive periods, with a +7.7% compound annual growth rate over 2020–2025 (5 years).

Between 2024 and 2025, Fortinet net assets declined 17.2%, falling from $1.49B to $1.24B.

$1.49B stands as the all-time-high annual net assets, posted in 2024, against a low of -$463.40M during 2023.

Fortinet (FTNT) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.51B.

Fortinet Net Assets by Year

Fortinet Net Assets 2025: $1.24B

Fortinet net assets in 2025 was $1.24B, declined 17.2% below 2024.

Fortinet Net Assets 2024: $1.49B

Fortinet net assets in 2024 was $1.49B, plunged 422.4% below 2023. This figure represents the highest annual value in the available history.

Fortinet Net Assets 2023: -$463.40M

Fortinet net assets in 2023 was -$463.40M, surged 64.6% from 2022. This figure represents the lowest annual value in the available history.

Fortinet Net Assets 2022: -$281.60M

Fortinet net assets in 2022 was -$281.60M, plunged 136.0% below 2021.

Fortinet Net Assets 2021: $781.70M

Fortinet net assets in 2021 was $781.70M.

See more financial history for Fortinet (FTNT).

Sector peers — Net Assets

Companies in the same sector as Fortinet, ranked by their latest net assets.

CompanyNet AssetsSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$5.40TTechnology
Microsoft Corporation (MSFT)$343.48BTechnology
NVIDIA Corporation (NVDA)$157.29BTechnology
Broadcom Inc. (AVGO)$81.29BTechnology
Apple Inc. (AAPL)$73.73BTechnology
Advanced Micro Devices, Inc. (AMD)$63.00BTechnology
Micron Technology, Inc. (MU)$54.16BTechnology
ASML Holding N.V. (ASML)$19.60BTechnology

Frequently asked questions

What is Fortinet's net assets?

Latest reported net assets for Fortinet (FTNT) is $1.24B (period ending December 31, 2025).

How has Fortinet net assets changed year-over-year?

Fortinet (FTNT) net assets changed -17.2% year-over-year on the latest annual filing.

What is the long-term growth rate of Fortinet net assets?

Fortinet (FTNT) net assets compound annual growth rate is +7.7% over the most recent 5 years available.

When did Fortinet net assets hit its highest annual value?

Fortinet net assets reached its highest annual value of $1.49B in 2024.

What was Fortinet net assets in 2024?

Fortinet (FTNT) net assets in 2024 was $1.49B.

What was Fortinet net assets in 2025?

Fortinet (FTNT) net assets in 2025 was $1.24B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.