Fortinet, Inc.
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FTNT Q2 2026 request
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/api/financials?ticker=FTNT&year=2026&quarter=2
Pick an endpoint and run the request.Income Statement
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Revenue | 2,047.9 | 1,630 | +25.6% |
Show Product Lines breakouts |
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| Product | 773 | 508.9 | +51.9% |
| Security subscription | 729.7 | 644.4 | +13.2% |
| Service | 1,274.9 | 1,121.1 | +13.7% |
| Technical support and other | 545.2 | 476.7 | +14.4% |
Show Business Segments breakouts |
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| Reportable Segment | 2,047.9 | 1,630 | +25.6% |
Show Geography breakouts |
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| Americas | 808.2 | 658.8 | +22.7% |
| Asia Pacific | 368 | 304.1 | +21.0% |
| EMEA | 871.7 | 667.1 | +30.7% |
| Other Americas | 228.5 | 185.8 | +23.0% |
| US | 579.7 | 473 | +22.6% |
| Cost of Revenue | 404.7 | 314.9 | +28.5% |
Show Product Lines breakouts |
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| Product | 233.8 | 165.9 | +40.9% |
| Product · Reportable Segment | 233.8 | 165.9 | +40.9% |
| Service | 170.9 | 149 | +14.7% |
| Service · Reportable Segment | 170.9 | 149 | +14.7% |
| Gross Profit | 1,643.2 | 1,315.1 | +24.9% |
Show Product Lines breakouts |
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| Product | 539.2 | 343 | +57.2% |
| Service | 1,104 | 972.1 | +13.6% |
| Research & Development | 225 | 209.5 | +7.4% |
Show Business Segments breakouts |
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| Reportable Segment | 225 | 209.5 | +7.4% |
| Sales & Marketing | 669.1 | 592 | +13.0% |
| General & Administrative | 61.1 | 56.9 | +7.4% |
Show Business Segments breakouts |
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| Reportable Segment | 61.1 | 56.9 | +7.4% |
| Gain Loss From Mutual Covenant Not To Sue Agreement Right To Use Existing Intellectual Property | -1.3 | -1.3 | 0.0% |
| Operating Expenses | 953.9 | 857.1 | +11.3% |
| Operating Income | 689.3 | 458 | +50.5% |
| Investment Income Net | 33.2 | 45 | -26.2% |
| Interest Expense | -3.2 | -4.6 | +30.4% |
| Other Non-Operating Income (Expense) | 0.9 | 18.9 | -95.2% |
| Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments | 720.2 | 517.3 | +39.2% |
| Income Tax Expense (Benefit) | 115 | 77.1 | +49.2% |
Show Business Segments breakouts |
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| Reportable Segment | 115 | 77.1 | +49.2% |
| Income Loss From Equity Method Investments | 1.1 | -0.1 | +1200.0% |
| Net Income | 606.3 | 440.1 | +37.8% |
Show Business Segments breakouts |
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| Reportable Segment | 606.3 | 440.1 | +37.8% |
Show Equity Components breakouts |
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| Retained Earnings | 606.3 | 440.1 | +37.8% |
| EPS (Basic) | 0.83 | 0.57 | +45.6% |
| EPS (Diluted) | 0.82 | 0.57 | +43.9% |
| Wtd Avg Shares (Basic) | 733.1 | 765.5 | -4.2% |
| Wtd Avg Shares (Diluted) | 739.9 | 772.7 | -4.2% |
| Comprehensive Income | 605.2 | 442.3 | +36.8% |
Balance Sheet
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 2,934.9 | 3,368.5 | -12.9% |
| Other Short Term Investments | 1,134.7 | 1,194.4 | -5.0% |
| Accounts Receivable | 1,455.6 | 1,215.7 | +19.7% |
| Inventory | 426.3 | 405.2 | +5.2% |
| Prepaid Expenses & Other Current Assets | 256.8 | 162.5 | +58.0% |
| Total Current Assets | 6,208.3 | 6,346.3 | -2.2% |
| Non-Current Assets | |||
| Long Term Investments | 399.1 | 112 | +256.3% |
| Property, Plant & Equipment | 1,699.5 | 1,544.8 | +10.0% |
Show Geography breakouts |
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| Americas | 1,415.4 | 1,329.9 | +6.4% |
| Asia Pacific | 72.4 | 69.7 | +3.9% |
| CA | 322.4 | 316.2 | +2.0% |
| EMEA | 211.7 | 145.2 | +45.8% |
| Latin America | 4.1 | 4.1 | 0.0% |
| US | 1,088.9 | 1,009.6 | +7.9% |
| Deferred Tax Assets | 1,319.4 | 1,457.2 | -9.5% |
| Goodwill | 257.4 | — | — |
| Other Non-Current Assets | 113.3 | 133.5 | -15.1% |
| Total Assets | 10,859.2 | — | — |
| Intangible Assets | 77.1 | 123.3 | -37.5% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Backlog | 2.2 | 6.3 | -65.1% |
| Customer Relationships | 18.6 | 34.1 | -45.5% |
| Developed Technology Rights | 53.1 | 74 | -28.2% |
| Trade Names | 3.2 | 8.9 | -64.0% |
| Other Assets | |||
| Capitalized Contract Cost Net | 785.1 | 665.4 | +18.0% |
| Intangible Assets Net Excluding Goodwill | 77.1 | 123.3 | -37.5% |
| Current Liabilities | |||
| Accounts Payable | 282.5 | 245.2 | +15.2% |
| Accrued Liabilities | 393.7 | 339.1 | +16.1% |
| Employee Related Liabilities Current | 322.8 | 281.3 | +14.8% |
| Deferred Revenue (Current) | 3,841.8 | 3,412.5 | +12.6% |
| Total Current Liabilities | 4,840.8 | 4,777.1 | +1.3% |
| Non-Current Liabilities | |||
| Contract With Customer Liability Noncurrent | 3,833.9 | 3,155.1 | +21.5% |
| Long-Term Debt | 496.9 | 496.3 | +0.1% |
| Other Non-Current Liabilities | 136.5 | 152.5 | -10.5% |
| Total Liabilities | 9,308.1 | 8,581 | +8.5% |
| Stockholders' Equity | |||
| Common Stock | 0.7 | 0.8 | -12.5% |
| Additional Paid In Capital Common Stock | 1,895.9 | 1,715.9 | +10.5% |
| Accumulated Other Comprehensive Income | -28.8 | -20.7 | -39.1% |
| Retained Earnings | -316.7 | 364.4 | -186.9% |
| Total Stockholders' Equity | 1,551.1 | 2,060.4 | -24.7% |
| Total Liabilities & Equity | 10,859.2 | 10,641.4 | +2.0% |
Cash Flow Statement
| Metric | YTD Q2 2026 | YTD Q2 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 151.8 | 135.2 | +12.3% |
| Capitalized Contract Cost Amortization | 190.9 | 160 | +19.3% |
| Depreciation & Amortization | 81.2 | 74.1 | +9.6% |
| Accretion Amortization Of Discounts And Premiums Investments | -9.3 | -19.4 | +52.1% |
| Other Non-Cash Items | -47.7 | -44.8 | -6.5% |
| Change in Accounts Receivable | 235.1 | 262.7 | -10.5% |
| Change in Inventory | -38 | -79.6 | +52.3% |
| Change in Prepaid & Other Assets | -0.5 | -32.1 | +98.4% |
| Increase Decrease In Deferred Charges | -240.5 | -202.5 | -18.8% |
| Increase Decrease In Deferred Income Taxes | -3.6 | -75.3 | +95.2% |
| Increase Decrease In Other Operating Assets | -9 | -11.7 | +23.1% |
| Change in Accounts Payable | 49.7 | 46.8 | +6.2% |
| Increase Decrease In Accrued Liabilities | 54.5 | -9.7 | +661.9% |
| Increase Decrease In Employee Related Liabilities | 10 | 22.9 | -56.3% |
| Change in Deferred Revenue | 559.9 | 204.8 | +173.4% |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | -4.6 | 10.3 | -144.7% |
| Net Cash from Operations | 2,120.7 | 1,315.2 | +61.2% |
| Investing Activities | |||
| Payments To Acquire Other Investments | -756 | -976.5 | +22.6% |
| Proceeds From Sale Of Available For Sale Securities Debt | 118.4 | 5.7 | +1977.2% |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 587.5 | 869.6 | -32.4% |
| Capital Expenditures | -148.6 | -234.3 | +36.6% |
| Other Investing Activities | 8.4 | 0.1 | +8300.0% |
| Net Cash from Investing | -190.3 | -377 | +49.5% |
| Transfersof Evaluation Unitsfrom Inventoryto Propertyand Equipment | 11.3 | 14.7 | -23.1% |
| Share Repurchase Program Excise Tax Payable | 6.7 | 0.8 | +737.5% |
| Financing Activities | |||
| Share Repurchases | -972.8 | -401.1 | -142.5% |
| Repayments Of Senior Debt | -500 | — | — |
| Proceeds From Issuance Of Common Stock | 62.3 | 31.3 | +99.0% |
| Tax Withholding for Share Compensation | -59.1 | -77 | +23.2% |
| Proceeds From Payments For Other Financing Activities | -21.2 | -0.1 | -21100.0% |
| Net Cash from Financing | -1,490.8 | -446.9 | -233.6% |
| Supplemental | |||
| Income Taxes Paid | 209.5 | 264 | -20.6% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 18.9 | 24.3 | -22.2% |
| Unpaid Capital Expenditures | 25.9 | 19.4 | +33.5% |
| Other Cash Flow | |||
| Net Change in Cash | 439.6 | 492.6 | -10.8% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 2,934.9 | 3,368.5 | -12.9% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.