Fortinet, Inc. Net Income 2009-2025 | FTNT
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What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is Fortinet, Inc.'s current net income?
Fortinet, Inc. (FTNT) annual net income for 2024 was $1.75B, a 52.05% increase from 2023. Fortinet, Inc. net income for the quarter ending September 30, 2025 was $473.9M.
What was Fortinet, Inc.'s net income in 2023?
Fortinet, Inc. annual net income for 2023 was $1.15B, a 33.89% increase from 2022.
What was Fortinet, Inc.'s net income in 2022?
Fortinet, Inc. annual net income for 2022 was $857.3M, a 41.28% increase from 2021.
What is Fortinet, Inc.'s 5-year net income CAGR?
Fortinet, Inc. net income grew at a compound annual growth rate (CAGR) of 39.39% from FY2019 to FY2024, going from $331.7M to $1.75B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+39.4%
FY2019
$331.7M
→
FY2024
$1.75B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $1.75B | +52.0% | 10-K |
| FY2023 | $1.15B | +33.9% | 10-K |
| FY2022 | $857.3M | +41.3% | 10-K |
| FY2021 | $606.8M | +24.2% | 10-K |
| FY2020 | $488.5M | +47.3% | 10-K |
| FY2019 | $331.7M | -1.0% | 10-K |
| FY2018 | $334.9M | +966.6% | 10-K |
| FY2017 | $31.4M | -2.5% | 10-K |
| FY2016 | $32.2M | +303.2% | 10-K |
| FY2015 | $8.0M | -68.5% | 10-K |
| FY2014 | $25.3M | -42.8% | 10-K |
| FY2013 | $44.3M | -33.8% | 10-K |
| FY2012 | $66.8M | +7.0% | 10-K |
| FY2011 | $62.5M | +51.5% | 10-K |
| FY2010 | $41.2M | -31.5% | 10-K |
| FY2009 | $60.2M | - | 10-K |
Company: Fortinet, Inc.Ticker: FTNTSector: TechnologyIndustry: Computer Peripheral Equipment, NECView company profile →