Company / Net Income
Fortinet Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$1.9B
FY2025
5-year range
$331.7M / $1.9B
FY2021-FY2025
Trend
+6.2%
vs FY2024
Sector context
#27 of 317
Information Technology
What the data says
Among 317 Information Technology companies, Fortinet is in the top 9% for net income. Net Income has increased for 4 consecutive years, from $332M in FY2021 to $1.9B in FY2025.
Based on SEC 10-K filings.
$1.9B in FY2025 with a 5-year CAGR of +30.6%. Top quartile in the Information Technology sector.
Improved from $607M to $1.9B over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +56.0%
- 5-Year CAGR
- +30.6%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Information TechnologyTop 9% of 317This company $1.9B Sector average $1.6B
▼
+17.0% above sector average
Key checks
Key Insights
- Fortinet's net income has grown for 4 consecutive years.
- 5-year CAGR of +30.6%, indicating consistent growth.
- In FY2025, net income increased 6.2% year-over-year.
- Ranks #27 out of 317 companies in the Information Technology sector.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.9B | +6.2% |
| FY2024 | $1.7B | +187.6% |
| FY2023 | $606.8M | +24.2% |
| FY2022 | $488.5M | +47.3% |
| FY2021 | $331.7M | -32.1% |
| FY2020 | $488.5M | +47.3% |
| FY2019 | $331.7M | -1.0% |
| FY2018 | $334.9M | +966.6% |
| FY2017 | $31.4M | +23.9% |
| FY2016 | $25.3M | +217.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026