Company / Shares Outstanding
Fortinet Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
767.0M
FY2025
5-year range
162.5M / 810.0M
FY2021-FY2025
Trend
+0.8%
vs FY2024
Sector context
#28 of 327
Information Technology
What the data says
Among 327 Information Technology companies, Fortinet is in the bottom 9% for shares outstanding. Shares Outstanding returned to growth in FY2025 after 2 years of decline, reaching 767000000.00.
Based on SEC 10-K filings.
767000000.00 in FY2025 with a 5-year CAGR of +34.9%. Top quartile in the Information Technology sector.
Remained stable around 767000000.00 over the past 2 years.
Information Technology sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- -1.8%
- 5-Year CAGR
- +34.9%
- 10-Year CAGR
- -
Sector benchmark
+87.2% above sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 0.8% year-over-year.
- Ranks #28 out of 327 companies in the Information Technology sector.
- Peak shares outstanding was recorded in FY2022.
- Lowest shares outstanding in the period was in FY2021.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 767.0M | +0.8% |
| FY2024 | 761.0M | -2.6% |
| FY2023 | 781.5M | -3.5% |
| FY2022 | 810.0M | +398.5% |
| FY2021 | 162.5M | -5.4% |
| FY2020 | 171.7M | +1.1% |
| FY2019 | 169.8M | +1.1% |
| FY2018 | 167.9M | -3.0% |
| FY2017 | 173.1M | +1.0% |
| FY2016 | 171.4M | +3.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026