Fortinet, Inc.
FTNT
Positions held
Your positionsFTNT isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Fortinet operates in the growing cybersecurity sector, which is increasingly critical as businesses face rising cyber threats.
- Revenue increased by 11% compared to the prior quarter, reaching $2.0 billion.
- Operating margin expanded to 33.7%, reflecting improved efficiency.
- The company's trailing P/E ratio of 67.59 suggests it may be overvalued compared to industry peers.
- Net income for 2026-Q1 was $534.5 million, down from $606.3 million in 2026-Q2.
- The recommendation is currently a 'hold', indicating uncertainty about future performance.
Fundamentals
| Market cap | $138.75B | Enterprise value | $135.24B | Trailing P/E | 66.82 | Forward P/E | 50.06 |
| PEG | 2.08 | Price / book | 89.45 | Beta | 1.04 | Dividend yield | 0.00% |
| Revenue growth | 25.6% | Earnings growth | 43.9% | Gross margin | 80.2% | Operating margin | 33.6% |
| Profit margin | 28.2% | ROE | 117.4% | ROA | 14.2% | Debt / equity | 0.36 |
| Current ratio | 1.28 | Free cash flow | $2.27B | Analyst recommendation | hold | Mean target | $164.32 |
| 52w high | $192.41 | 52w low | $73.55 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.8B | $1.9B | $1.7B | $1.6B |
| Op margin | 33.7% | 31.4% | 32.8% | 31.7% | 28.1% |
| Net income | $606M | $535M | $506M | $474M | $440M |
| Gross margin | 80.2% | 80.3% | 79.6% | 80.8% | 80.7% |
| Gross profit | $1.6B | $1.5B | $1.5B | $1.4B | $1.3B |
| Operating income | $689M | $580M | $626M | $547M | $458M |
- Revenue +11% vs prior quarter ($2.0B vs $1.8B).
- Gross margin 80.2% (was 80.3% prior quarter).
- Operating margin expanded to 33.7%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.0B | $5.3B | $4.4B | — |
| Op margin | 30.7% | 30.3% | 23.4% | 21.9% | — |
| Net income | $1.9B | $1.7B | $1.1B | $857M | — |
| Gross margin | 80.5% | 80.6% | 76.7% | 75.4% | — |
| Gross profit | $5.5B | $4.8B | $4.1B | $3.3B | — |
| Operating income | $2.1B | $1.8B | $1.2B | $970M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Palo Alto Networks And 2 AI Security Stocks To Watch
2026-10-09 · Are Computer and Technology Stocks Lagging Fortinet (FTNT) This Year?
2026-10-09 · What Sent Cloudflare Stock Higher?
2026-10-08 · Can Synopsys Stock Drop From Here?
2026-10-08 · Are You Looking for a Top Momentum Pick? Why Fortinet (FTNT) is a Great Choice
2026-10-08 · 1 Millionaire-Maker AI Cybersecurity Stock to Buy and Hold
2026-10-08 · Zscaler Soars 45% in 3 Months: Hold the Stock or Book Profits?
2026-10-08 · CrowdStrike Stock Rises 34.1% in 3 Months: Hold Tight or Book Profits?
2026-10-08 · Zacks Investment Ideas feature highlights: CrowdStrike and Fortinet
2026-10-07 · CrowdStrike vs. Fortinet: Which Cybersecurity Stock Is Poised for Higher Highs?
2026-10-07 · What Is The Case For Waiting On Cisco Stock?
2026-10-07 · Can Fortinet (FTNT) Stay Fully Priced on Future Cash Flow?
Price (daily)
Full chart · RSI · MACD · patterns