Net Income for Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's current net income (TTM) is $1.85B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FTNT
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.85B
YoY change
+6.2%
5Y CAGR
+30.6%
Peak year (2025)
$1.85B
Cumulative net income
$7.72B
Net Income history chart for Fortinet (FTNT) from 2006 to 2025
Net Income history table for Fortinet (FTNT) from 2006 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.85B | +6.2% | ||
| 2024 | $1.75B | +52.0% | ||
| 2023 | $1.15B | +33.9% | ||
| 2022 | $857.30M | +41.3% | ||
| 2021 | $606.80M | +24.2% | ||
| 2020 | $488.50M | +47.3% | ||
| 2019 | $331.70M | -1.0% | ||
| 2018 | $334.90M | +966.6% | ||
| 2017 | $31.40M | -2.5% | ||
| 2016 | $32.20M | +303.2% | ||
| 2015 | $7.99M | -68.5% | ||
| 2014 | $25.34M | -42.8% | ||
| 2013 | $44.27M | -33.8% | ||
| 2012 | $66.84M | +7.0% | ||
| 2011 | $62.49M | +51.5% | ||
| 2010 | $41.24M | -31.5% | ||
| 2009 | $60.18M | +717.3% | ||
| 2008 | $7.36M | -133.7% | ||
| 2007 | -$21.84M | +308.7% | ||
| 2006 | -$5.34M | — |
Net Income values are taken from Fortinet's reported income statements (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
2025's annual net income for Fortinet (FTNT) came in at $1.85B – grew 6.2% year-over-year.
Fortinet net income compound annual growth for the 2020–2025 (5 years) window is +30.6%, sustaining 6 straight years of year-over-year growth.
The highest annual net income of $1.85B was reported in 2025. The lowest in the available history was -$21.84M in 2007.
Within Technology, Fortinet (FTNT) ranks 9th among 8 peers we track. The peer median for net income is $62.48B.
Fortinet Net Income by Year
Fortinet Net Income 2025: $1.85B
Fortinet net income in 2025 was $1.85B, grew 6.2% from 2024. This figure represents the highest annual value in the available history.
Fortinet Net Income 2024: $1.75B
Fortinet net income in 2024 was $1.75B, surged 52.0% from 2023.
Fortinet Net Income 2023: $1.15B
Fortinet net income in 2023 was $1.15B, surged 33.9% from 2022.
Fortinet Net Income 2022: $857.30M
Fortinet net income in 2022 was $857.30M, surged 41.3% from 2021.
Fortinet Net Income 2021: $606.80M
Fortinet net income in 2021 was $606.80M.
See more financial history for Fortinet (FTNT).
Sector peers — Net Income
Companies in the same sector as Fortinet, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Fortinet's net income?
- Latest reported net income for Fortinet (FTNT) is $1.85B (period ending December 31, 2025).
How has Fortinet net income changed year-over-year?
- Fortinet (FTNT) net income changed +6.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Fortinet net income?
- Fortinet (FTNT) net income compound annual growth rate is +30.6% over the most recent 5 years available.
When did Fortinet net income hit its highest annual value?
- Fortinet net income reached its highest annual value of $1.85B in 2025.
What was Fortinet net income in 2024?
- Fortinet (FTNT) net income in 2024 was $1.75B.
What was Fortinet net income in 2025?
- Fortinet (FTNT) net income in 2025 was $1.85B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
FTNT Overview
Company profile, financial tools, and key metrics
FTNT Revenue Counter
Earns $215.61 every second. See per minute, hour, and day.
FTNT Earnings Counter
Earns $58.77 per second net profit. See per minute, hour, and day.
FTNT Economic Scale
Exceeds French Polynesia's GDP. Compare with world economies.
FTNT What If Invested
What if you had invested $1,000? See historical returns from any date.
FTNT How It Makes Money
Discover visual breakdown of $6.80B in revenue — where it comes from and where it goes.
FTNT Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
FTNT Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
FTNT Daily Price Character
Balanced · 52.3% historical win rate (green days). Streaks & record days.
FTNT Buybacks
3.88% TTM buyback yield. Shareholder yield & SBC comparison.
FTNT Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.