Fortinet (FTNT) Net Income (2010 - 2026)
Fortinet (FTNT) posted quarterly Net Income of $605.2 million for Q2 2026, up 37.48% year-over-year from $440.2 million in Q2 2025, and up 13.21% quarter-over-quarter from $534.6 million in Q1 2026.
Fortinet (FTNT) Net Income (2010 - 2026) Analysis & Trends
Fortinet's Net Income history runs 17 years deep, the most recent figure standing at $605.2 million for Q2 2026.
- In Q2 2026, Net Income rose 37.48% year-over-year to $605.2 million; the TTM figure through Jun 2026 stood at $2.1 billion (up 66.18% YoY), while the FY2025 annual figure was $1.8 billion, up 3.86% from the prior year.
- Net Income for Q2 2026 stood at $605.2 million, up from $534.6 million in the prior quarter.
- The five-year high for Net Income was $605.2 million in Q2 2026, with the low at -$132.5 million in Q4 2024.
- The 5-year median for Net Income is $343.6 million (2022), against an average of $344.9 million.
- The sharpest annual moves came in 2024 and 2025: Net Income plunged 141.35% in 2024, then surged 481.89% in 2025.
- Fortinet's Net Income stood at $359.0 million in 2022, then dropped by 10.75% to $320.4 million in 2023, then sank by 141.35% to -$132.5 million in 2024, then soared by 481.89% to $506.0 million in 2025, then climbed by 19.6% to $605.2 million in 2026.
- Business Quant data shows FTNT's Net Income at $605.2 million in Q2 2026, $534.6 million in Q1 2026, and $506.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 33.11 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 5.92 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.07 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -177.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 605.20 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -169.98 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 64.72 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -626.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 87.09 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -589.00 Mn |
Historic Data
Download 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 | -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 |