Fortinet, Inc. Income Tax Expense 2009-2026 | FTNT
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is Fortinet, Inc.'s current income tax expense?
Fortinet, Inc. (FTNT) annual income tax expense for 2025 was $439.1M, a 54.67% increase from 2024. Fortinet, Inc. income tax expense for the quarter ending March 31, 2026 was $122.0M.
What was Fortinet, Inc.'s income tax expense in 2024?
Fortinet, Inc. annual income tax expense for 2024 was $283.9M, a 97.43% increase from 2023.
What was Fortinet, Inc.'s income tax expense in 2023?
Fortinet, Inc. annual income tax expense for 2023 was $143.8M, a 366.88% increase from 2022.
What is Fortinet, Inc.'s 5-year income tax expense CAGR?
Fortinet, Inc. income tax expense grew at a compound annual growth rate (CAGR) of 52.52% from FY2020 to FY2025, going from $53.2M to $439.1M over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+52.5%
FY2020
$53.2M
→
FY2025
$439.1M
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $439.1M | +54.7% | 10-K |
| FY2024 | $283.9M | +97.4% | 10-K |
| FY2023 | $143.8M | +366.9% | 10-K |
| FY2022 | $30.8M | +118.4% | 10-K |
| FY2021 | $14.1M | -73.5% | 10-K |
| FY2020 | $53.2M | -2.0% | 10-K |
| FY2019 | $54.3M | +167.4% | 10-K |
| FY2018 | $-80.6M | -187.0% | 10-K |
| FY2017 | $92.6M | +749.5% | 10-K |
| FY2016 | $10.9M | +20.9% | 10-K |
| FY2015 | $9.0M | -75.1% | 10-K |
| FY2014 | $36.2M | +14.3% | 10-K |
| FY2013 | $31.7M | -17.0% | 10-K |
| FY2012 | $38.2M | +29.0% | 10-K |
| FY2011 | $29.6M | +96.0% | 10-K |
| FY2010 | $15.1M | +146.2% | 10-K |
| FY2009 | $-32.7M | - | 10-K |
Company: Fortinet, Inc.Ticker: FTNTSector: TechnologyIndustry: Computer Peripheral Equipment, NECView company profile →