Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet SBC — Research and Development by Year
SBC — Research and Development ($M) ($M)
Fortinet SBC — Research and Development: $98.7M in FY2025, up 14.9% from a year earlier. That is the highest of the 12 years on record here.
Where the FY2025 figure comes from
Source: Fortinet Form 10-K (ftnt-20251231_htm.xml, filed 2026-02-25) ↗
Reported in SEC Form 10-Q / 10-K Note 13 (XBRL ResearchAndDevelopmentExpense SBC; Q4 = FY − 9M).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
Cite this data
StockData. (2026). Fortinet SBC — Research and Development ($M), annual FY2014–FY2025 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/xbrl-sbc-rd-47
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.