Fortinet (FTNT) Net Income (2010 - 2026)
Fortinet's Net Income came in at $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) Net Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fortinet reported Net Income of $2.12 billion, up 9.3% year-over-year; for FY2025, it came in at $1.84 billion, up 5.6% from FY2024.
- Net Income has increased in each of the last six years, with a five-year compound annual growth rate of 30.4% (FY2020 to FY2025).
- Going back by year, Net Income was $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 represents the highest quarterly Net Income in data going back to Q2 2010.
- Year-over-year, Net Income increased in six of the last eight quarters, with growth averaging 29.6%.
- The fastest year-over-year change in Net Income over five years came in Q1 2023 (growth of 79.1%), and the weakest in Q3 2025 (a decline of 13.0%).
- Business Quant data shows FTNT's Net Income at $534.6 million (Q1 2026), $506 million (Q4 2025) and $474.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | -282.00 Mn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 5.31 Mn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 606.30 Mn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | -191.72 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 44.56 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 116.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 29.43 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 40.94 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 208.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 606.30 Mn |
| Mar 31, 2026 | 534.50 Mn |
| Dec 31, 2025 | 506.00 Mn |
| Sep 30, 2025 | 473.90 Mn |
| Jun 30, 2025 | 440.10 Mn |
| Mar 31, 2025 | 433.40 Mn |
| Dec 31, 2024 | 526.20 Mn |
| Sep 30, 2024 | 539.90 Mn |
| Jun 30, 2024 | 379.80 Mn |
| Mar 31, 2024 | 299.30 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 | 231.60 Mn |
| Jun 30, 2022 | 173.50 Mn |
| Mar 31, 2022 | 138.40 Mn |
| Dec 31, 2021 | 198.90 Mn |
| Sep 30, 2021 | 163.20 Mn |
API Access
Fortinet 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=net-income&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=net-income&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();