FORTINET, INC. — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↑+14.8% +$245M
$1.91B
Cost of Revenue↑+23.8% +$75M
$389M
Gross Profit↑+12.6% +$170M
$1.52B
R&D↑+7.3% +$14M
$205M
D&A↑+12.2% +$4M
$40M
Operating Income↑+9.0% +$52M
$626M
EBITDA↑+9.2% +$56M
$665M
Interest Expense↑+2.3% +$100K
$5M
Interest Income
—
Other Income/Expense↓-39.0% -$19M
$30M
Pretax Income↑+5.2% +$32M
$651M
Tax Provision↑+67.0% +$58M
$145M
Net Income↓-3.8% -$20M
$506M
Gross Margin↓-1.5pts
79.6%
Operating Margin↓-1.7pts
32.8%
Net Margin↓-5.1pts
26.6%
Effective Tax Rate↑+8.2pts
22.2%
Deferred Tax Assets↓-18.6% -$10M
$46M
ETR (Continuing Operations)
19.2%
ETR Federal Statutory
21.0%
ETR State + Local (pp)
1.2%
ETR Foreign Differential (pp)
3.6%
Operating Lease Cost↑+28.1% +$7M
$33M
Revenue YoY Variation↓-2.6pts
14.8%
Income YoY Variation↓-40.0pts
9.0%
Revenue QoQ Variation↑+0.4pts
10.4%
Income QoQ Variation↓-7.6pts
14.3%