For the year ending 2025-12-31, FTNT has $10,389,200K in assets. $9,151,700K in debts. $2,495,300K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,495,300 | 2,875,900 | 1,397,900 | 1,682,900 |
| Short-term investments | 1,087,200 | 1,126,400 | 1,021,500 | 502,600 |
| Marketable equity securities | - | 64,200 | 21,000 | 25,500 |
| Accounts receivablenet of allowance for credit losses of 7.4 million and 5.9 million at december 31, 2025 and 2024, respectively | 1,691,200 | 1,463,400 | 1,402,000 | 1,261,700 |
| Inventory | 399,500 | 315,500 | 484,800 | 264,600 |
| Prepaid expenses and other current assets | 227,000 | 126,100 | 101,100 | 73,100 |
| Total current assets | 5,900,200 | 5,971,500 | 4,428,300 | 3,810,400 |
| Long-term investments | 339,700 | - | 0 | 45,500 |
| Property and equipmentnet | 1,619,000 | 1,349,500 | 1,044,400 | 898,500 |
| Deferred contract costs | 735,500 | 622,900 | 605,600 | 518,200 |
| Deferred tax assets | 1,314,900 | 1,335,600 | 868,800 | 569,400 |
| Goodwill | 257,400 | 235,400 | 126,500 | 128,000 |
| Other intangible assetsnet | 97,300 | 115,000 | 35,300 | 56,000 |
| Other assets | 125,200 | 133,200 | 150,000 | 202,000 |
| Total assets | 10,389,200 | 9,763,100 | 7,258,900 | 6,228,000 |
| Accounts payable | 230,800 | 190,900 | 204,300 | 243,400 |
| Accrued liabilities | 354,600 | 337,900 | 423,700 | 266,300 |
| Accrued payroll and compensation | 312,900 | 255,700 | 242,300 | 219,400 |
| Current portion of long-term debt | 499,700 | - | - | - |
| Deferred revenue | 3,636,000 | 3,276,200 | 2,848,700 | 2,349,300 |
| Total current liabilities | 5,034,000 | 4,060,700 | 3,719,000 | 3,078,400 |
| Deferred revenue | 3,479,800 | 3,084,700 | 2,886,300 | 2,291,000 |
| Income tax liabilities | - | - | - | 67,800 |
| Long-term debt | 496,600 | 994,300 | 992,300 | 990,400 |
| Other liabilities | 141,300 | 129,600 | 124,700 | 82,000 |
| Total liabilities | 9,151,700 | 8,269,300 | 7,722,300 | 6,509,600 |
| Common stock, 0.001 par value1,500.0 shares authorized 743.0 shares and 767.0 shares issued and outstanding at december31, 2025 and 2024, respectively | 700 | 800 | 800 | 800 |
| Additional paid-in capital | 1,770,100 | 1,636,200 | 1,416,400 | 1,284,200 |
| Accumulated other comprehensive loss | -25,400 | -26,100 | -18,900 | -20,200 |
| Accumulated deficit | -507,900 | -117,100 | -1,861,700 | -1,546,400 |
| Total stockholders equity | 1,237,500 | 1,493,800 | -463,400 | -281,600 |
| Non-controlling interests | - | - | - | 0 |
| Total equity (deficit) | - | - | - | -281,600 |
| Total liabilities and stockholders equity | 10,389,200 | 9,763,100 | 7,258,900 | 6,228,000 |
Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT)