FTNT
Fortinet IncNASDAQ
Technology • Software - Infrastructure
Factor tilt: Large-Cap Blend
$118.84-3.00%
Close Nov 6, 2026
- Market cap
- $87.07B
- 1 month
- -37.2%
- 3 months
- -27.6%
- 1 year
- +38.2%
- 52-week range
- $75.23$194.75
- Dividend
- No dividends on record
- Short interest
- 2.0% of float12.1M shares · settled Oct 15, 2026 · -3.4% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Sep 30, 2026
- Revenue
- $7.88B
- Net income
- $2.28B
- Free cash flow
- $3.43B
- Book value
- $2.25B
- Total debt
- $497.1M
- P/E
- 38.1×
- Price / sales
- 11×
- Price / book
- 38.8×
- FCF yield
- +3.9%
- Net margin
- +29.0%
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet
Read more
Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
- Website
- fortinet.com
- Headquarters
- Sunnyvale, CA, United States
- Employees
- 15,109
- Listed
- Nov 18, 2009
- Fiscal year ends
- December
Company profile from EODHD, stored Nov 1, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Sep 2026filed Oct 30, 2026 | $2.1B | +20.5% | 79.0% | $704.3M | $635.5M |
| Jun 2026filed Jul 30, 2026 | $2.0B | +25.6% | 80.2% | $689.3M | $606.3M |
| Mar 2026filed May 8, 2026 | $1.8B | +20.1% | 80.3% | $580.0M | $534.5M |
| Dec 2025filed Feb 25, 2026 | $1.9B | +14.8% | 79.6% | $625.6M | $506.0M |
| Sep 2025filed Nov 7, 2025 | $1.7B | +14.4% | 81.5% | $545.9M | $473.9M |
| Jun 2025filed Aug 8, 2025 | $1.6B | +13.6% | 81.5% | $456.7M | $440.1M |
| Mar 2025filed May 8, 2025 | $1.5B | +13.8% | 81.0% | $453.8M | $433.4M |
| Dec 2024filed Feb 21, 2025 | $1.7B | +17.3% | 81.1% | $574.1M | $526.2M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Feb 25, 2026 | $6.8B | +14.2% | 80.8% | $2.1B | $1.9B |
| Dec 2024filed Feb 21, 2025 | $6.0B | +12.3% | 80.6% | $1.8B | $1.7B |
| Dec 2023filed Feb 6, 2024 | $5.3B | +20.1% | 76.7% | $1.2B | $1.1B |
| Dec 2022filed Feb 24, 2023 | $4.4B | +32.2% | 75.4% | $969.6M | $857.3M |
| Dec 2021filed Feb 25, 2022 | $3.3B | +28.8% | 76.6% | $650.4M | $606.8M |
| Dec 2020filed Feb 19, 2021 | $2.6B | +19.9% | 78.0% | $531.8M | $488.5M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched FTNT. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
12,077,511 shares short
-426,325 shares (-3.4%) vs Sep 30, 2026
2% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
12,503,836 shares short
-1,215,073 shares (-8.9%) vs Sep 15, 2026
2% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
13,718,909 shares short
+161,916 shares (+1.2%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
13,556,993 shares short
-641,094 shares (-4.5%) vs Aug 14, 2026
2.2% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
14,198,087 shares short
-186,541 shares (-1.3%) vs Jul 31, 2026
2.3% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
14,384,628 shares short
-108,096 shares (-0.7%) vs Jul 15, 2026
2.3% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind FTNT’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
No qualified cash-dividend records are stored. This does not establish that the company pays no dividend.
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
5 for 1 · forward split
Effective Jun 23, 2022
Each 1 pre-split share becomes 5 post-split shares.
Source: EODHD
2 for 1 · forward split
Effective Jun 2, 2011
Each 1 pre-split share becomes 2 post-split shares.
Source: EODHD
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
179 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Nov 3, 2026
Smart-money 13F trend: unchanged (light)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: bearish
Last trade: sell 4 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 4
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
1,588 filers reported a long position in FTNT for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
48.1%
of the 503.8M shares 13-F filers reported
Moves vs Q1 2026
4 added5 trimmed
1 not comparable
Net shares held
-1.5%
across the 9 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | $9.6B · 62.2M shares | 62.2M | +0.4% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | $6.2B · 40.7M shares | 40.7M | +2.3% |
| 3 | STATE STREET CORP | $4.6B · 29.6M shares | 29.6M | +2.4% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | $3.8B · 24.8M shares | 24.8M | -0.8% |
| 5 | Invesco Ltd. | $3.8B · 24.6M shares | 24.6M | -3.6% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | $2.7B · 17.4M shares | 17.4M | -0.1% |
| 7 | NORGES BANK | $1.9B · 12.4M shares | 12.4M | — |
| 8 | FIRST TRUST ADVISORS LP | $1.7B · 10.8M shares | 10.8M | -6% |
| 9 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $1.6B · 10.1M shares | 10.1M | +4.9% |
| 10 | Bank of New York Mellon Corp | $1.4B · 9.3M shares | 9.3M | -30% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of FTNT file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Apr 29, 2026 | VANGUARD CAPITAL MANAGEMENT LLC13G · passive | 6.21% |
| Mar 26, 2026 | VANGUARD GROUP INC13G · passive · amended | 0%under 5% |
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