Company Profile

FTNT insider trades (13 months) →

Today's multi-factor rank: 23 of 466 · see the ranking

Quant500 Scores

Momentum

7.3/10

Value

3.6/10

Growth

5.3/10

Quality

7.5/10

Multifactor

5.9/10

Market and Valuation

Price & Market

Prev Close Price:$172.58

Open:$172.41

Day's Low:$166.09

Day's High:$172.94

Bid / Ask:-

Market Cap:124.61B

Enterprise Value:121.11B

52-Week Range

52-Week Low:$73.55

52-Week High:$176.10

Current position in 52-week range

52w Low-52w High

50-Day Avg:$160.16

200-Day Avg:$113.88

Volume

Volume Today:12,739,583

Avg Volume (3m):5,117,674

Avg Volume (10d):4,775,170

52-Week Change:+99.79%

vs S&P 500, 52 weeks:-

Beta:1.06

Valuation Multiples

PER Trailing:60.87

PER Forward:44.96

PEG Ratio:1.89

Price / Book:80.34

Price / Sales (TTM):16.55

EV / Revenue:16.09

EV / EBITDA:46.65

Dividends

Current yield:-

Annual Dividend Rate:-

Dividend Trailing:$0.00

Yield Trailing:0.00%

5-Year Avg Yield:-

Payout Ratio:0.00%

Last Ex-Dividend Date:-

Valuation Context

P/E vs sector (indicative)

Most Recent Quarter:-

Fiscal Year (Next):-

Date Filter (Month):

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Financial Statements TTM (Trailing 12 Months)

Income Statement

Total Revenue (TTM):7.53B

Gross Profit:6.04B

EBITDA:2.60B

Net Income (TTM):2.12B

Rev Growth (YoY):+25.60%

Earnings Growth (YoY):+43.90%

Quarterly earnings growth (YoY):+37.80%

Margins

Gross Margin:-

EBITDA Margin:-

Operating Margin:-

Net Margin:-

Per Share

EPS Trailing (TTM):-

EPS Forward (Est.):$3.78

Revenue Per Share:$10.14

Cash Per Share:-

Book Value:$2.11

Last Dividend:-

Ex-Dividend Date:-

Last Split:-

Balance Sheet & Liquidity

Total cash:4.07B

Total Debt:561.40M

Net Debt (Debt - Cash):−3.51B (net cash)

Debt / Equity:36.19%

Current Ratio:1.28

Quick Ratio:1.14

Cash Flows

Operating Cash Flow:3.40B

Free Cash Flow (FCF):2.27B

FCF Yield (FCF / Market Cap):-

Enterprise Value:121.11B

EV / Revenue:16.09

EV / EBITDA:46.65

Profitability

ROE (Return on Equity):117.44%

ROA (Return on Assets):14.17%

PER Trailing:60.87

PER Forward:44.96

Price / Book:80.34

PEG Ratio:1.89

52-Week Change:+99.79%

S&P 500 change, 52 weeks:+14.80%

Historical Evolution (Last 4 Years)

Income Statement

Balance Sheet

Cash Flow

EPS and Earnings Per Share

Key EPS Metrics

EPS Trailing (TTM):$2.79

EPS Forward (Est.):$3.78

PER Forward:-

PEG Ratio:1.89

Growth and Margins

Earnings Growth YoY:-

Quarterly Earnings Growth YoY:-

Rev Growth YoY:-

Net Margin:-

Gross Margin:-

EBITDA Margin:-

Per Share

Revenue Per Share:$10.14

Cash Per Share:-

Book Value:$2.11

Cash Flows (TTM)

Free Cash Flow:2.27B

Operating Cash Flow:3.40B

EBITDA:2.60B

Total Revenue (TTM):7.53B

Net Income (TTM):2.12B

Fiscal Year (Last):-

EPS Surprise History - Last 4 Quarters

Actual vs. Analyst Estimates · Green = beat expectations · Red = missed

Quarter	Period	Actual EPS	Estimated EPS	Difference	Surprise %	Currency

Ownership Structure

Ownership Distribution

% Insiders:-

% Institutional:-

% Inst. (of Float):-

No. of Institutions:-

Visual distribution

InsidersInstitutionalFree Float

Shares & Short Interest

Shares Outstanding:733,713,653

Float (free shares):618,909,478

Short interest (shares):13,556,993

Short % of float:-

Short Ratio (days to cover):2.89

Short interest, prior month:-

Short Interest Date:-

Governance Score (1=Best, 10=Worst)

Overall risk:-

Audit Risk:-

Board risk:-

Compensation Risk:-

Shareholder rights risk:-

Top Institutional Holders

Position Change: ▲ Increased · ▼ Reduced · = Unchanged

Organization	Report Date	% Shares	No. Shares	Value (USD)	Change %

Top Mutual Funds

Position Change: ▲ Increased ▼ Decreased = Unchanged

Fund	Report Date	% Shares	No. Shares	Value (USD)	Change %

Recent Insider Trades

Executive / Insider	Title	Date	Action	Shares

Options Chain

Expiration Date:

CALLS

Strike	Last	Bid	Ask	Vol.	O.I.	IV

PUTS

Strike	Last	Bid	Ask	Vol.	O.I.	IV

Fortinet, Inc. (FTNT) SEC filings: 10-K, 10-Q and 8-K

Direct links to financial reports filed with the SEC.

Type	Date	Official link
10-Q	2026-07-30	View filing ↗
8-K	2026-07-29	View filing ↗
8-K	2026-06-16	View filing ↗
SD	2026-05-27	View filing ↗
10-Q	2026-05-08	View filing ↗
8-K	2026-05-06	View filing ↗
DEFA14A	2026-04-29	View filing ↗
10-K	2026-02-25	View filing ↗
8-K	2026-02-05	View filing ↗
10-Q	2025-11-07	View filing ↗

Company and Executive Profile

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

General Information

Headquarters:United States

City:Sunnyvale

Employees:15,472

Sector:Technology

Industry:Software - Infrastructure

Website:-

Key Executives

Name	Title	Age	Total pay
Mr. Ken Xie	Co-Founder, Chairman & CEO	62	1.30M
Mr. Michael Xie	Co-Founder, President, CTO & Director	56	773,876
Ms. Christiane Ohlgart	Chief Accounting Officer, CFO and Principal Financial & Accounting Officer	57	774,515
Mr. John Whittle J.D.	Chief Operating Officer	56	960,000
Mr. Anthony Luscri	Vice President of Investor Relations	-	-
Mr. Anthony James	Executive Vice President of Marketing	-	-
Mr. Robert May	Executive Vice President of Technology & Product Management	-	-
Mr. Joe Sarno	Executive Vice President of International Sales	-	-

You have seen the engine room

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Fortinet, Inc. (FTNT): Quantitative Analysis

Name: Factor scores for Fortinet, Inc. (FTNT)
Creator: Quant500
License: https://quant500.com/legal

Fortinet, Inc. (FTNT) — Technology — Software - Infrastructure. FTNT is in the S&P 500 today. Model factor scores and market data, recalculated every trading day.

So far in 2026, FTNT has returned +113.9% against +12.2% for the S&P 500 (SPY): total return, dividends included on both sides, from Dec 31, 2025 to Sep 18, 2026.

FTNT ranks 23 of 466 on today's multifactor score, and 12 of the 83 Technology companies that score. Its strongest factor is quality (Z 1.47, ranked 11 of 473); its weakest is value (Z -0.86, ranked 481 of 494). Each factor ranks only the companies with data for it, and the multifactor score only those with all four: that is why the totals differ.

Factor scores

The Z-Score is how many standard deviations the company sits from the index average: 0 is average, positive is better than average, negative is worse.

Factor	Z-Score	Rank
Multifactor	0.555	23 of 466 ↓2
Momentum	1.402	33 of 497 ↓7
Value	-0.857	481 of 494 ↑2
Quality	1.471	11 of 473 =
Growth	0.205	112 of 494 =

Market data

Metric	Value
Price	$169.84
Market Cap	124.61B
P/E	60.87
Revenue (last 12 months)	7.53B
Price / book	80.34
Book value per share	$2.11
52-week range	$73.55 – $176.10
Beta	1.06
Average volume	5,117,674
Shares outstanding	733.71M
Short interest (% of float)	2.23% (as of Aug 31, 2026)

When does FTNT report earnings? 11 of its last 11, after the close →

What are FTNT insiders doing? 92 transactions filed with the SEC, of them 21 sells, the last one on Sep 15, 2026 →

Data as of Sep 18, 2026. Source: point-in-time SEC fundamentals and closing prices. Method and formulas are on the home page.

Company Profile

Market and Valuation

Price & Market

52-Week Range

Volume

Valuation Multiples

Dividends

Valuation Context

Financial Statements TTM (Trailing 12 Months)

Income Statement

Margins

Per Share

Balance Sheet & Liquidity

Cash Flows

Profitability

Historical Evolution (Last 4 Years)

Income Statement

Balance Sheet

Cash Flow

EPS and Earnings Per Share

Key EPS Metrics

Growth and Margins

Per Share

Cash Flows (TTM)

EPS Surprise History - Last 4 Quarters

Ownership Structure

Ownership Distribution

Shares & Short Interest

Governance Score (1=Best, 10=Worst)

Top Institutional Holders

Top Mutual Funds

Recent Insider Trades

Options Chain

CALLS

PUTS

Sentiment Metrics

Expected move

Fortinet, Inc. (FTNT) SEC filings: 10-K, 10-Q and 8-K

Company and Executive Profile

General Information

Key Executives

You have seen the engine room

Fortinet, Inc. (FTNT): Quantitative Analysis

Factor scores

Market data