Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet Research and Development Expense by Year
Research and Development Expense ($M) ($M)
Fortinet Research and Development Expense: $816M in FY2025, up 13.8% from a year earlier. That is the highest of the 17 years on record here.
Where the FY2025 figure comes from
Source: Fortinet Form 10-K (filed 2026-02-25) ↗
Reported in SEC Form 10-Q / 10-K (PostgreSQL DB financial_values).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
Cite this data
StockData. (2026). Fortinet Research and Development Expense ($M), annual FY2009–FY2025 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/db-research-and-development-217
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.