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Fortinet, Inc.

FTNTNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 16/3010% above fair value
$128.11+1.90 (+1.51%)

Close on Nov 3, 2026Market cap $94.00BP/E 41.6Yield –

Fortinet Free Cash Flow (Non-GAAP) by Year

Free Cash Flow (Non-GAAP) ($M) ($M)

QuarterlyAnnual

Fortinet Free Cash Flow (Non-GAAP): $2,212M in FY2025, up 17.7% from a year earlier. That is the highest of the 11 years on record here.

Latest, FY2025
2,212
Period ended Dec 31, 2025
Change on a year earlier
+17.7%
1,879 in FY2024
History
11 years
Since FY2015
Sources
10
Documents cited below

Where the FY2025 figure comes from

“|| Free cash flow | $ | 577.4 | $ | 380.0 | $ | 2,211.8 | $ | 1,879.2”

Source: Fortinet Form 8-K (ftntq4-2025ex991.htm, filed 2026-02-05) ↗

Defined by Fortinet as GAAP Operating Cash Flow less purchases of property and equipment.

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedFree Cash Flow (Non-GAAP) ($M) ($M)Year on yearSource
FY2025Dec 31, 20252,212+17.7%Fortinet Form 8-K (ftntq4-2025ex991.htm, filed 2026-02-05) ↗
FY2024Dec 31, 20241,879+8.5%Fortinet Form 8-K (ftntq4-2024ex991.htm, filed 2025-02-06) ↗
FY2023Dec 31, 20231,731+19.5%Fortinet Form 8-K (ftntq4-2023ex991.htm, filed 2024-02-06) ↗
FY2022Dec 31, 20221,449+20.4%Fortinet Form 8-K (ftntq4-2022ex991.htm, filed 2023-02-07) ↗
FY2021Dec 31, 20211,204+32.6%Fortinet Form 8-K (ftntq4-2021ex991.htm, filed 2022-02-03) ↗
FY2020Dec 31, 2020908+26.8%Fortinet Form 8-K (ftntq4-2020ex991.htm, filed 2021-02-04) ↗
FY2019Dec 31, 2019716+22.2%Fortinet Form 8-K (ftntq4-2019ex991.htm, filed 2020-02-06) ↗
FY2018Dec 31, 2018586+27.6%Fortinet Form 8-K (ftntq4-2018ex991.htm, filed 2019-02-06) ↗
FY2017Dec 31, 2017459+64.8%Fortinet Form 8-K (ftntq4-2017ex991.htm, filed 2018-02-05) ↗
FY2016Dec 31, 2016279+13.6%Fortinet Form 8-K (ftntq4-2016ex991.htm, filed 2017-02-02) ↗
FY2015Dec 31, 2015245–Fortinet Form 8-K (ftntq4-2016ex991.htm, filed 2017-02-02) ↗

Breakdown

What makes up free Cash Flow (Non-GAAP)

Cite this data

StockData. (2026). Fortinet Free Cash Flow (Non-GAAP) ($M), annual FY2015–FY2025 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/sec-fcf-40

See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.

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