Stocks›Technology›FTNT

FTNT Fortinet, Inc.

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Fortinet, Inc. operates in the Computer Peripheral Equipment, Nec industry.

$169.13−7.03%

Oct 16 close · 1D EOD · Databento

TechnologyComputer Peripheral Equipment, NecLarge-capSEC EDGAR FY 2025-12-31

On the WireNo stories on FTNT yet. Follow the company and the next one lands in Following.

What happened

Daily closes · dots are Wire stories

What’s next

Expected around late October, going by its own filing history. The company has not announced a date yet. Its matching report came Nov 5, 2025 and Nov 7, 2024, after the close.

Last report

Jul 29, 2026+0.67%

after the close

Last 4, next close

median 5.59% either way

up 3 of 4

Every report since 2022 →Earnings calendar →

DateEventSourceNext close

Jul 29Earnings release, after the close · 8-KSEC EDGARSEC EDGAR ↗+0.67%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

15 big days in a year, and what we hold on each

A big day is a close more than 4.56% from the one before, three times FTNT’s median day (1.52%). On 7 of the 15, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±4.56%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayFTNTWhat we hold that dayGroup (median of 4) · each

1 Nov 6, 2025−6.34%
Resultsgroup −2.3%, did not move with it
1Nov 6, 2025−6.34%
ResultsFirst close after the Nov 5 results filing
−2.3% did not move with itEVLV −5.2 · CRSR −3.8 · PANW −0.8 · LOGI +0.5
2 Jan 23, 2026+5.18%
Before our storiesgroup −0.0%, did not move with it
2Jan 23, 2026+5.18%
Before our stories
−0.0% did not move with itLOGI +1.8 · EVLV +1.1 · PANW −1.1 · CRSR −4.3
3 Feb 6, 2026+4.85%
Resultsgroup +3.5%, moved with FTNT
3Feb 6, 2026+4.85%
ResultsFirst close after the Feb 5 results filing
+3.5% moved with FTNTCRSR +9.1 · EVLV +4.0 · PANW +2.9 · LOGI +2.9
4 Feb 23, 2026−5.50%
Before our storiesgroup −2.8%, moved with FTNT
4Feb 23, 2026−5.50%
Before our stories
−2.8% moved with FTNTCRSR −3.9 · PANW −3.1 · EVLV −2.6 · LOGI −0.7
5 Apr 10, 2026−4.91%
Before our storiesgroup −1.0%, did not move with it
5Apr 10, 2026−4.91%
Before our stories
−1.0% did not move with itPANW −6.7 · EVLV −2.3 · LOGI +0.2 · CRSR +1.8
6 Apr 23, 2026−4.97%
Before our storiesgroup −3.7%, moved with FTNT
6Apr 23, 2026−4.97%
Before our stories
−3.7% moved with FTNTEVLV −4.6 · PANW −4.4 · LOGI −3.1 · CRSR −1.2
7 May 7, 2026+20.03%
Resultsgroup +0.0%, did not move with it
7May 7, 2026+20.03%
ResultsFirst close after the May 6 results filing
+0.0% did not move with itPANW +7.0 · EVLV +0.3 · LOGI −0.2 · CRSR −2.3
8 May 8, 2026+5.65%
Before our storiesgroup +5.9%, moved with FTNT
8May 8, 2026+5.65%
Before our stories
+5.9% moved with FTNTCRSR +11.1 · LOGI +6.0 · PANW +5.8 · EVLV −1.1
9 May 29, 2026+6.38%
Before our storiesgroup +5.3%, moved with FTNT
9May 29, 2026+6.38%
Before our stories
+5.3% moved with FTNTPANW +9.3 · LOGI +9.1 · CRSR +1.6 · EVLV −0.9
10 Jun 1, 2026+6.65%
Before our storiesgroup +4.6%, moved with FTNT
10Jun 1, 2026+6.65%
Before our stories
+4.6% moved with FTNTPANW +6.7 · EVLV +5.3 · LOGI +3.9 · CRSR −5.4
11 Jul 31, 2026+4.99%
Nothing on FTNTgroup +0.9%, did not move with it
11Jul 31, 2026+4.99%
Nothing on FTNTNo FTNT story, brief or results filing in our record that day
+0.9% did not move with itPANW +1.9 · EVLV +0.9 · LOGI +0.9 · CRSR −0.2
12 Aug 27, 2026+9.67%
Nothing on FTNTgroup +1.8%, did not move with it
12Aug 27, 2026+9.67%
Nothing on FTNTNo FTNT story, brief or results filing in our record that day
+1.8% did not move with itPANW +12.8 · EVLV +2.3 · CRSR +1.2 · LOGI −2.2
13 Sep 1, 2026−5.31%
Nothing on FTNTgroup −3.6%, moved with FTNT
13Sep 1, 2026−5.31%
Nothing on FTNTNo FTNT story, brief or results filing in our record that day
−3.6% moved with FTNTPANW −5.2 · CRSR −4.4 · EVLV −2.9 · LOGI −0.6
14 Sep 14, 2026+9.04%
Nothing on FTNTgroup +1.0%, did not move with it
14Sep 14, 2026+9.04%
Nothing on FTNTNo FTNT story, brief or results filing in our record that day
+1.0% did not move with itPANW +13.1 · EVLV +4.2 · LOGI −2.3 · CRSR −3.8
15 Oct 16, 2026−7.03%
Nothing on FTNTgroup −2.0%, did not move with it
15Oct 16, 2026−7.03%
Nothing on FTNTNo FTNT story, brief or results filing in our record that day
−2.0% did not move with itPANW −7.6 · CRSR −3.4 · LOGI −0.7 · EVLV −0.5

A story on the same day is not a cause, and a group move is not proof either. Group: the median of PANW, LOGI, CRSR and EVLV that day, the largest companies in FTNT’s SEC industry; “moved with FTNT” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). FTNT reports after the close, so day 1 is the next close. Each time, day 6 ended on the same side as day 1.

Reported Nov 5, 2025

day 1−6.34%day 6−5.77%

Reported Feb 5, 2026

day 1+4.85%day 6+8.40%

Reported May 6, 2026

day 1+20.03%day 6+35.48%

Reported Jul 29, 2026

day 1+0.67%day 6+4.50%

Next report: expected late October to early NovemberEstimated from the dates of its last four results filings. Not announced. Since the Jul 29 report: +10.38%. Four reports is a small sample.

Every report since 2022 →

Each line is FTNT’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$124.1B

Revenue$6.8B+14.20%

Net income$1.9B

EPS, diluted$2.42+7.10%

Gross margin80.5%

Operating margin30.7%

Return on equity149.8%

Debt / equity0.81

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorTechnology

Market Cap$124.1B

Enterprise Value$122.6B

Income$1.9B

Sales$6.8B

Book/sh$1.69

Cash/sh$3.40

Dividend TTM—

Payout—

Employees—

IPO—

Quick Ratio1.09

Current Ratio1.17

Debt/Eq0.81

EPS (ttm)$2.42

EPS this Y7.1%

EPS past 3/5Y31.7%

Sales past 3/5Y15.5%

EPS Y/Y TTM7.1%

Sales Y/Y TTM14.2%

Shs Outstand733.71M

ROA17.8%

ROE149.8%

ROIC—

Gross Margin80.5%

Oper. Margin30.7%

Profit Margin27.3%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$3.3B

FY21

$4.4B

FY22

$5.3B

FY23

$6.0B

FY24

$6.8B

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$3.3B	$4.4B	$5.3B	$6.0B	$6.8B
Gross Profit	$2.6B	$3.3B	$4.1B	$4.8B	$5.5B
Operating Income	$650.4M	$969.6M	$1.2B	$1.8B	$2.1B
Net Income	$606.8M	$857.3M	$1.1B	$1.7B	$1.9B
Diluted EPS	$0.73	$1.06	$1.46	$2.26	$2.42
Operating Cash Flow	$1.5B	$1.7B	$1.9B	$2.3B	$2.6B
Free Cash Flow	—	—	—	—	—

Same industry

FTNT against four same-industry peers, a year at 100

FTNT is up 2.0 times in a year. All four did less: Palo Alto Networks (+64.5%), Corsair Gaming (+62.9%), Logitech International (−4.8%) and Evolv Technologies (−48.5%). Weekly closes, Oct 17, 2025 = 100, on a log scale so a twofold rise and a 48.5% fall both read honestly.

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FTNT ×2.0. Palo Alto Networks +64.5%, Corsair Gaming +62.9%, Logitech International −4.8%, Evolv Technologies −48.5%. Weekly closes, Oct 17, 2025 = 100, log scale.

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End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in FTNT’s SEC industry (Computer Peripheral Equipment, Nec) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

PANW$278.7B LOGI$15.0B CRSR$1.4B EVLV$753M MITK$727M SSYS$598M XRX$324M IMMR$231M

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Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.