Fortinet (FTNT) Net Income (2010 - 2026)
Fortinet's Net Income came in at $635.5 million for Q3 2026, up 34.1% from $473.9 million a year earlier and up 4.8% from the prior quarter.
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Analysis
Fortinet (FTNT) Net Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Fortinet reported Net Income of $2.28 billion, up 21.8% year-over-year; for FY2025, it came in at $1.85 billion, up 6.2% from FY2024.
- Net Income has increased in each of the last six years, with a five-year compound annual growth rate of 30.6% (FY2020 to FY2025).
- Going back by year, Net Income was $1.75 billion in FY2024 (+52.0%), $1.15 billion in FY2023 (+33.9%), $857.3 million in FY2022 (+41.3%) and $606.8 million in FY2021 (+24.2%).
- The Q3 2026 figure represents the highest quarterly Net Income in data going back to Q2 2010.
- Year-over-year, Net Income has increased for three consecutive quarters, with growth averaging 26.1% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q1 2023 (growth of 79.0%), and the weakest in Q3 2025 (a decline of 12.2%).
- Business Quant data shows FTNT's Net Income at $606.3 million (Q2 2026), $534.5 million (Q1 2026) and $506 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 240.12 Bn | 225.19 Bn | 2.30 Bn | -282.00 Mn |
| 2 | CrowdStrike Holdings | 223.83 Bn | 204.23 Bn | 1.10 Bn | 5.31 Mn |
| 3 | Snowflake | 96.36 Bn | 83.68 Bn | 1.04 Bn | -191.72 Mn |
| 4 | Fortinet | 91.07 Bn | 75.32 Bn | 1.64 Bn | 635.50 Mn |
| 5 | Datadog | 63.40 Bn | 43.95 Bn | 959.92 Mn | 118.32 Mn |
| 6 | Zscaler | 33.67 Bn | 19.82 Bn | 689.22 Mn | -3.37 Mn |
| 7 | Axon Enterprise | 33.28 Bn | 27.81 Bn | 546.45 Mn | 29.43 Mn |
| 8 | Okta | 30.16 Bn | 20.25 Bn | 641.00 Mn | 116.00 Mn |
| 9 | MongoDB | 24.79 Bn | 15.26 Bn | 569.77 Mn | 40.94 Mn |
| 10 | Roku | 24.01 Bn | 14.03 Bn | 648.52 Mn | 183.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 635.50 Mn |
| 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 |
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();