Company / Income Tax
Fortinet Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$439.1M
FY2025
5-year range
$14.1M / $439.1M
FY2021-FY2025
Trend
+54.7%
vs FY2024
Sector context
#25 of 307
Information Technology
What the data says
Among 307 Information Technology companies, Fortinet is in the bottom 8% for income tax. Income Tax has fluctuated over the past 10 years, ranging from -$81M in FY2018 to $439M in FY2025.
Based on SEC 10-K filings.
$439M in FY2025 with a 5-year CAGR of +52.5%. Top quartile in the Information Technology sector.
Increased from $14M to $439M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +102.1%
- 5-Year CAGR
- +52.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 8% in Information TechnologyTop 92% of 307This company $439.1M Sector average $267.8M
▼
+64.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +52.5%, indicating consistent growth.
- In FY2025, income tax increased 54.7% year-over-year.
- Ranks #25 out of 307 companies in the Information Technology sector.
- Lowest income tax in the period was in FY2018.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $439.1M | +54.7% |
| FY2024 | $283.9M | +1913.5% |
| FY2023 | $14.1M | -73.5% |
| FY2022 | $53.2M | -2.0% |
| FY2021 | $54.3M | +2.1% |
| FY2020 | $53.2M | -2.0% |
| FY2019 | $54.3M | +167.4% |
| FY2018 | -$80.6M | -187.0% |
| FY2017 | $92.6M | +155.8% |
| FY2016 | $36.2M | +301.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026