Shares Outstanding for Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's latest reported diluted shares outstanding is 748.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
FTNT
Currently viewingShares OutstandingSwitch metric
Latest period
748.00M
YoY change
-3.1%
5Y CAGR
-2.3%
Peak year (2017)
890.39M
Latest annual
748.00M
Shares Outstanding history chart for Fortinet (FTNT) from 2006 to 2025
Shares Outstanding history table for Fortinet (FTNT) from 2006 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 748.00M | -3.1% | ||
| 2024 | 771.90M | -2.1% | ||
| 2023 | 788.20M | -2.1% | ||
| 2022 | 805.30M | -3.6% | ||
| 2021 | 835.50M | -0.4% | ||
| 2020 | 838.50M | -4.2% | ||
| 2019 | 875.00M | +0.5% | ||
| 2018 | 871.00M | -2.2% | ||
| 2017 | 890.39M | +1.0% | ||
| 2016 | 881.50M | +0.1% | ||
| 2015 | 880.71M | +4.0% | ||
| 2014 | 846.45M | +0.7% | ||
| 2013 | 840.91M | +1.1% | ||
| 2012 | 831.64M | +1.6% | ||
| 2011 | 818.90M | +4.7% | ||
| 2010 | 782.03M | +19.9% | ||
| 2009 | 652.19M | -0.5% | ||
| 2008 | 655.77M | -2.3% | ||
| 2007 | 671.22M | 0.0% | ||
| 2006 | 671.22M | — |
Shares Outstanding 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
The 2025 reading of Fortinet (FTNT) diluted shares outstanding is 748.00M – edged down 3.1% year-over-year.
Fortinet diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -2.3%, with a net decline across the window.
Fortinet diluted shares outstanding peaked at 890.39M in 2017; the latest annual figure is 748.00M in 2025 (16.0% below peak).
The dataset's maximum diluted shares outstanding sits at 890.39M (2017); the minimum reading of 652.19M dates to 2009.
Within Technology, Fortinet (FTNT) ranks 8th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.
Fortinet Shares Outstanding by Year
Fortinet Shares Outstanding 2025: 748.00M
Fortinet diluted shares outstanding in 2025 was 748.00M, edged down 3.1% below 2024.
Fortinet Shares Outstanding 2024: 771.90M
Fortinet diluted shares outstanding in 2024 was 771.90M, edged down 2.1% below 2023.
Fortinet Shares Outstanding 2023: 788.20M
Fortinet diluted shares outstanding in 2023 was 788.20M, edged down 2.1% below 2022.
Fortinet Shares Outstanding 2022: 805.30M
Fortinet diluted shares outstanding in 2022 was 805.30M, edged down 3.6% below 2021.
Fortinet Shares Outstanding 2021: 835.50M
Fortinet diluted shares outstanding in 2021 was 835.50M.
See more financial history for Fortinet (FTNT).
Sector peers — Shares Outstanding
Companies in the same sector as Fortinet, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | 24.43B | Technology |
| Apple Inc. (AAPL) | 15.00B | Technology |
| Microsoft Corporation (MSFT) | 7.46B | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | 5.19B | Technology |
| Broadcom Inc. (AVGO) | 4.85B | Technology |
| Advanced Micro Devices, Inc. (AMD) | 1.64B | Technology |
| Micron Technology, Inc. (MU) | 1.13B | Technology |
| ASML Holding N.V. (ASML) | 388.90M | Technology |
Frequently asked questions
What is Fortinet's diluted shares outstanding?
- Latest reported diluted shares outstanding for Fortinet (FTNT) is 748.00M (period ending December 31, 2025).
How has Fortinet diluted shares outstanding changed year-over-year?
- Fortinet (FTNT) diluted shares outstanding changed -3.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Fortinet diluted shares outstanding?
- Fortinet (FTNT) diluted shares outstanding compound annual growth rate is -2.3% over the most recent 5 years available.
When did Fortinet diluted shares outstanding hit its highest annual value?
- Fortinet diluted shares outstanding reached its highest annual value of 890.39M in 2017.
What was Fortinet diluted shares outstanding in 2024?
- Fortinet (FTNT) diluted shares outstanding in 2024 was 771.90M.
What was Fortinet diluted shares outstanding in 2025?
- Fortinet (FTNT) diluted shares outstanding in 2025 was 748.00M.
Metrics overview
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