TTM
$2.21B
YoY change
+15.4%
5Y CAGR
+31.4%
Peak year (2025)
$2.08B
Cumulative operating income
$8.99B
Operating Income history chart for Fortinet (FTNT) from 2006 to 2025
Latest: $2.08B
Operating Income growth chart for Fortinet (FTNT) from 2006 to 2025
Latest: +15.4%
Operating Income history table for Fortinet (FTNT) from 2006 to 2025
| 2025 | $2.08B | +15.4% | +$278.60M | ||
| 2024 | $1.80B | +45.3% | +$562.30M | ||
| 2023 | $1.24B | +28.0% | +$271.50M | ||
| 2022 | $969.60M | +49.1% | +$319.20M | ||
| 2021 | $650.40M | +22.3% | +$118.60M | ||
| 2020 | $531.80M | +51.5% | +$180.80M | ||
| 2019 | $351.00M | +49.7% | +$116.60M | ||
| 2018 | $234.40M | +113.5% | +$124.60M | ||
| 2017 | $109.80M | +155.9% | +$66.90M | ||
| 2016 | $42.90M | +188.4% | +$28.02M | ||
| 2015 | $14.88M | -74.9% | −$44.45M | ||
| 2014 | $59.32M | -17.7% | −$12.77M | ||
| 2013 | $72.09M | -28.3% | −$28.39M | ||
| 2012 | $100.47M | +13.0% | +$11.57M | ||
| 2011 | $88.90M | +60.6% | +$33.56M | ||
| 2010 | $55.34M | +118.4% | +$30.01M | ||
| 2009 | $25.33M | +414.2% | +$20.41M | ||
| 2008 | $4.93M | -122.8% | +$26.50M | ||
| 2007 | −$21.58M | +259.8% | −$15.58M | ||
| 2006 | −$6.00M | — | — |
- 2025$2.08B+15.4%
- 2024$1.80B+45.3%
- 2023$1.24B+28.0%
- 2022$969.60M+49.1%
- 2021$650.40M+22.3%
- 2020$531.80M+51.5%
- 2019$351.00M+49.7%
- 2018$234.40M+113.5%
- 2017$109.80M+155.9%
- 2016$42.90M+188.4%
- 2015$14.88M-74.9%
- 2014$59.32M-17.7%
- 2013$72.09M-28.3%
- 2012$100.47M+13.0%
- 2011$88.90M+60.6%
- 2010$55.34M+118.4%
- 2009$25.33M+414.2%
- 2008$4.93M-122.8%
- 2007−$21.58M+259.8%
- 2006−$6.00M—
Operating Income 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 Operating Income at Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's current operating income (TTM) is $2.21B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Fortinet (FTNT) reported operating income of $2.08B – grew 15.4% year-over-year.
Fortinet operating income has grown for 10 consecutive years, with a +31.4% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak operating income at $2.08B, with the historical low of −$21.58M recorded in 2007.
Fortinet Operating Income by Year
Fortinet Operating Income 2025: $2.08B
In 2025, Fortinet reported operating income of $2.08B, grew 15.4% from 2024. This figure represents the highest annual value in the available history.
Fortinet Operating Income 2024: $1.80B
Fortinet operating income in 2024 was $1.80B, surged 45.3% from 2023.
Fortinet Operating Income 2023: $1.24B
2023's operating income for Fortinet came in at $1.24B, grew 28.0% from 2022.
Fortinet Operating Income 2022: $969.60M
Fortinet posted operating income of $969.60M in 2022, surged 49.1% from 2021.
Fortinet Operating Income 2021: $650.40M
Fortinet operating income in 2021 was $650.40M.
See more financial history for Fortinet (FTNT).
Sector peers by Operating Income
Technology peers of Fortinet (FTNT), ranked by their latest operating income
| $133.05B | |
| $130.39B | |
| $128.53B | |
| $63.06B | |
| $25.48B | |
| $13.16B | |
| $9.87B | |
| $3.69B |
- $133.05B
- $130.39B
- $128.53B
- $63.06B
- $25.48B
- $13.16B
- $9.87B
- $3.69B
Frequently asked questions
Fortinet (FTNT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation