Company / Cash & Equivalents
Fortinet Cash & Equivalents History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash & Equivalents
$2.5B
FY2025
5-year range
$1.3B / $2.9B
FY2021-FY2025
Trend
-13.2%
vs FY2024
Sector context
#33 of 306
Information Technology
What the data says
Fortinet's cash & equivalents of $2.5B is higher than 89% of companies in the Information Technology sector (FY2025). Cash & Equivalents has fluctuated over the past 10 years, ranging from $283M in FY2016 to $2.9B in FY2024.
Based on SEC 10-K filings.
$2.5B in FY2025 with a 5-year CAGR of +18.6%. Top quartile in the Information Technology sector.
Improved from $1.4B to $2.5B over the past 2 years.
Information Technology sector context is included.
Cash & Equivalents over time
Growth rates
- 3-Year CAGR
- +14.0%
- 5-Year CAGR
- +18.6%
- 10-Year CAGR
- -
Sector benchmark
+93.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +18.6%, indicating consistent growth.
- In FY2025, cash & equivalents decreased 13.2% year-over-year.
- Ranks #33 out of 306 companies in the Information Technology sector.
- Peak cash & equivalents was recorded in FY2024.
Company context
Key Data Points
- Strong profit margin: 28.6%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 254.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cash & EquivalentsValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.5B | -13.2% |
| FY2024 | $2.9B | +105.7% |
| FY2023 | $1.4B | -16.9% |
| FY2022 | $1.7B | +27.6% |
| FY2021 | $1.3B | +24.2% |
| FY2020 | $1.1B | -13.1% |
| FY2019 | $1.2B | +9.9% |
| FY2018 | $1.1B | +37.2% |
| FY2017 | $811.0M | +186.3% |
| FY2016 | $283.3M | -47.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026