KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Fortinet (FTNT) Operating Expenses (2016 - 2025)

Fortinet has reported Operating Expenses over the past 16 years, most recently at $890.2 million for Q4 2025.

  • Quarterly results put Operating Expenses at $890.2 million for Q4 2025, up 15.39% from a year ago — trailing twelve months through Dec 2025 was $3.4 billion (up 13.06% YoY), and the annual figure for FY2025 was $3.4 billion, up 13.06%.
  • Operating Expenses for Q4 2025 was $890.2 million at Fortinet, up from $845.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for FTNT hit a ceiling of $890.2 million in Q4 2025 and a floor of $432.1 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $713.8 million (2023), compared with a mean of $673.9 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 30.03% in 2021 and later increased 0.57% in 2024.
  • Fortinet's Operating Expenses stood at $520.4 million in 2021, then grew by 20.66% to $627.9 million in 2022, then grew by 13.68% to $713.8 million in 2023, then increased by 8.08% to $771.5 million in 2024, then increased by 15.39% to $890.2 million in 2025.
  • The last three reported values for Operating Expenses were $890.2 million (Q4 2025), $845.9 million (Q3 2025), and $857.1 million (Q2 2025) per Business Quant data.