Fortinet (FTNT) Consolidated Net Income (2010 - 2026)
Fortinet's (FTNT) quarterly Consolidated Net Income came in at $534.6 million in Q1 2026, up 26.44% year-on-year from $422.8 million in Q1 2025, and up 5.65% quarter-over-quarter from $506.0 million in Q4 2025.
Fortinet (FTNT) Consolidated Net Income (2010 - 2026) Analysis & Trends
Fortinet's Consolidated Net Income history runs 17 years deep, the most recent figure standing at $534.6 million for Q1 2026.
- On a quarterly basis, Consolidated Net Income rose 26.44% year-over-year to $534.6 million in Q1 2026; TTM through Mar 2026 was $2.0 billion, a 59.28% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 3.86% from the prior year.
- Consolidated Net Income improved to $534.6 million in Q1 2026 per FTNT's latest filing, from $506.0 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $545.2 million in Q3 2024 and bottomed at -$132.5 million in Q4 2024.
- The 5-year median for Consolidated Net Income is $328.1 million (2023), against an average of $329.6 million.
- Across the five-year window, Consolidated Net Income sank 141.35% in 2024 and surged 481.89% in 2025, its largest moves.
- Year by year, Consolidated Net Income stood at $359.0 million in 2022, then declined by 10.75% to $320.4 million in 2023, then plunged by 141.35% to -$132.5 million in 2024, then jumped by 481.89% to $506.0 million in 2025, then grew by 5.65% to $534.6 million in 2026.
- Per Business Quant, the three latest FTNT Consolidated Net Income figures stand at $534.6 million (Q1 2026), $506.0 million (Q4 2025), and $474.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 31.78 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 132.24 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 5.92 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 876.40 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 432.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 61.44 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 534.60 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 64.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 534.60 Mn |
| Dec 31, 2025 | 506.00 Mn |
| Sep 30, 2025 | 474.10 Mn |
| Jun 30, 2025 | 440.20 Mn |
| Mar 31, 2025 | 422.80 Mn |
| Dec 31, 2024 | -132.50 Mn |
| Sep 30, 2024 | 545.20 Mn |
| Jun 30, 2024 | 391.80 Mn |
| Mar 31, 2024 | 305.90 Mn |
| Dec 31, 2023 | 320.40 Mn |
| Sep 30, 2023 | 328.10 Mn |
| Jun 30, 2023 | 271.60 Mn |
| Mar 31, 2023 | 269.80 Mn |
| Dec 31, 2022 | 359.00 Mn |
| Sep 30, 2022 | 237.40 Mn |
| Jun 30, 2022 | 181.50 Mn |
| Mar 31, 2022 | 146.80 Mn |
| Dec 31, 2021 | 203.60 Mn |
| Sep 30, 2021 | 166.00 Mn |
| Jun 30, 2021 | 137.50 Mn |