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Fortinet (FTNT) FCF Margin (2016 - 2025)

Historic FCF Margin for Fortinet (FTNT) over the last 16 years, with Q3 2025 value amounting to 32.9%.

  • Fortinet's FCF Margin fell 50100.0% to 32.9% in Q3 2025 from the same period last year, while for Sep 2025 it was 30.95%, marking a year-over-year increase of 18100.0%. This contributed to the annual value of 31.55% for FY2024, which is 10900.0% down from last year.
  • According to the latest figures from Q3 2025, Fortinet's FCF Margin is 32.9%, which was down 50100.0% from 17.43% recorded in Q2 2025.
  • Over the past 5 years, Fortinet's FCF Margin peaked at 51.75% during Q1 2025, and registered a low of 11.65% during Q4 2023.
  • Moreover, its 5-year median value for FCF Margin was 34.38% (2022), whereas its average is 33.63%.
  • Over the last 5 years, Fortinet's FCF Margin had its largest YoY gain of 226300bps in 2023, and its largest YoY loss of -271100bps in 2023.
  • Over the past 5 years, Fortinet's FCF Margin (Quarter) stood at 22.36% in 2021, then skyrocketed by 73bps to 38.75% in 2022, then tumbled by -70bps to 11.65% in 2023, then skyrocketed by 97bps to 22.89% in 2024, then soared by 44bps to 32.9% in 2025.
  • Its last three reported values are 32.9% in Q3 2025, 17.43% for Q2 2025, and 51.75% during Q1 2025.