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Fortinet (FTNT) Free Cash Flow (2016 - 2025)

Fortinet (FTNT) has 16 years of Free Cash Flow data on record, last reported at $577.4 million in Q4 2025.

  • For Q4 2025, Free Cash Flow rose 351.8% year-over-year to $577.4 million; the TTM value through Dec 2025 reached $2.1 billion, up 9.63%, while the annual FY2025 figure was $2.2 billion, 18.44% up from the prior year.
  • Free Cash Flow reached $577.4 million in Q4 2025 per FTNT's latest filing, up from $352.6 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $824.0 million in Q3 2024 and bottomed at $127.8 million in Q4 2024.
  • Average Free Cash Flow over 5 years is $418.0 million, with a median of $373.6 million recorded in 2021.
  • Peak YoY movement for Free Cash Flow: plummeted 66.85% in 2023, then skyrocketed 351.8% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $215.5 million in 2021, then skyrocketed by 130.72% to $497.2 million in 2022, then plummeted by 66.85% to $164.8 million in 2023, then fell by 22.45% to $127.8 million in 2024, then surged by 351.8% to $577.4 million in 2025.
  • Per Business Quant database, its latest 3 readings for Free Cash Flow were $577.4 million in Q4 2025, $352.6 million in Q3 2025, and $321.4 million in Q2 2025.