What changed in Fortinet, Inc.'s latest annual report
In the year ended 31 Dec 2025, Fortinet, Inc.'s revenue rose 14.2% to USD 6.80bn, from USD 5.96bn; net income rose 6.2% to USD 1.85bn, from USD 1.75bn; long-term debt fell 50.1% to USD 496.60m, from USD 994.30m.
Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.
USD 5.96bn to USD 6.80bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 5.96bn | 6.80bn | Up 14.2% |
| Net income | 1.75bn | 1.85bn | Up 6.2% |
| Total assets | 9.76bn | 10.39bn | Up 6.4% |
| Total liabilities | 8.27bn | 9.15bn | Up 10.7% |
| Long-term debt | 994.30m | 496.60m | Down 50.1% |
| Cash and cash equivalents | 2.88bn | 2.50bn | Down 13.2% |
| Shareholders' equity | 1.49bn | 1.24bn | Down 17.2% |
Questions people ask
Did Fortinet, Inc.'s revenue grow last year?
Revenue grew 14.2%, from USD 5.96bn to USD 6.80bn in the year ended 31 Dec 2025.
Is Fortinet, Inc. profitable?
Yes. Net income was USD 1.85bn in the year ended 31 Dec 2025. The year before: USD 1.75bn.
How much cash and debt does Fortinet, Inc. have?
At its latest year end (31 Dec 2025), Fortinet, Inc. reported cash and cash equivalents of USD 2.50bn and long-term debt of USD 496.60m.
Where do these numbers come from?
From Fortinet, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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