Business
Fortinet develops network-security appliances, software, subscriptions and support services.
Fortinet converted cybersecurity demand into 14% growth, a 31% margin and more than $2 billion of free cash flow.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 14.2%OK
- Profitability — Net income grew 6.2% to $1.853B from $1.745BOK
- Cash flow — Free cash flow grew 18.4% to $2.226B from $1.879BOK
- Margins — Operating margin expanded 38 bps to 30.66%OK
- Accounting — High-margin cybersecurity compoundingNote
- Insiders — 0 purchases and 19 salesWatch
Where the revenue comes from
Fiscal 2025, as Fortinet, Inc. reports it. History and quarterly detail are in the app.
- Service$4.6B
- Product$2.2B
Leadership changes
From Fortinet, Inc.'s own filings, the day they're filed.
- Christiane Ohlgart · its Principal Accounting Officer) · appointmenteff. 2024-03-18
- John Whittle · Chief Operating Officer · appointmenteff. 2024-01-15
Latest filings
- 10-Q · Quarterly report2026-07-30
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-06-16
- 10-Q · Quarterly report2026-05-08
- 8-K · Company announcement2026-05-06
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Fortinet, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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