Fortinet (FTNT) Consolidated Net Income (2010 - 2026)
Fortinet (FTNT) reported Consolidated Net Income of $605.2 million for Q2 2026, up 37.5% from $440.2 million a year earlier and up 13.2% from the prior quarter.
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Analysis
Fortinet (FTNT) Consolidated Net Income (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortinet's Consolidated Net Income came in at $2.12 billion, up 9.3% year-over-year; for FY2025, it was $1.84 billion, up 5.6% from FY2024.
- Consolidated Net Income has increased for six consecutive years, with a five-year compound annual growth rate of 30.4% (FY2020 to FY2025).
- By year, Consolidated Net Income came in at $1.75 billion in FY2024 (+52.0%), $1.15 billion in FY2023 (+34.0%), $856.6 million in FY2022 (+41.2%) and $606.7 million in FY2021 (+24.2%).
- The Q2 2026 figure ranks as the highest quarterly Consolidated Net Income in data going back to Q2 2010.
- Year over year, Consolidated Net Income gained in six of the last eight quarters, with growth averaging 29.6%.
- The high point for year-over-year Consolidated Net Income in five years was Q1 2023 (growth of 79.1%); the low point was Q3 2025 (a decline of 13.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $534.6 million (Q1 2026), $506 million (Q4 2025) and $474.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 261.23 Bn | 246.30 Bn | 2.30 Bn | -282.00 Mn |
| 2 | CrowdStrike Holdings | 233.89 Bn | 214.29 Bn | 1.10 Bn | 5.31 Mn |
| 3 | Fortinet | 125.38 Bn | 111.31 Bn | 1.64 Bn | 605.20 Mn |
| 4 | Snowflake | 108.45 Bn | 95.77 Bn | 1.04 Bn | -191.72 Mn |
| 5 | Datadog | 88.65 Bn | 70.29 Bn | 881.34 Mn | 44.53 Mn |
| 6 | Zscaler | 33.05 Bn | 19.16 Bn | - | - |
| 7 | Okta | 32.99 Bn | 23.09 Bn | 641.00 Mn | 116.00 Mn |
| 8 | Axon Enterprise | 32.35 Bn | 26.87 Bn | 546.45 Mn | 29.43 Mn |
| 9 | MongoDB | 27.25 Bn | 17.72 Bn | 569.77 Mn | 40.94 Mn |
| 10 | F5 | 25.14 Bn | 19.55 Bn | 711.51 Mn | 208.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 605.20 Mn |
| 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 | 531.70 Mn |
| Sep 30, 2024 | 545.20 Mn |
| Jun 30, 2024 | 391.80 Mn |
| Mar 31, 2024 | 305.90 Mn |
| Dec 31, 2023 | 310.90 Mn |
| Sep 30, 2023 | 322.90 Mn |
| Jun 30, 2023 | 266.30 Mn |
| Mar 31, 2023 | 247.70 Mn |
| Dec 31, 2022 | 313.80 Mn |
| Sep 30, 2022 | 231.10 Mn |
| Jun 30, 2022 | 173.40 Mn |
| Mar 31, 2022 | 138.30 Mn |
| Dec 31, 2021 | 198.80 Mn |
| Sep 30, 2021 | 163.20 Mn |
API Access
Fortinet Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();