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For the quarter ending 2026-03-31, FTNT has $9,883,500K in assets. $8,893,800K in debts. $2,223,800K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
115.34%
Quick Ratio
107.34%
Cash Ratio
48.10%
Debt to Asset Ratio
89.99%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Accounts receivablenet
    • Deferred tax assets
    • Others
Liabilities Breakdown
    • Total current liabilities
    • Deferred revenue
    • Additional paid-in capital
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
2,223,800 2,495,300 1,995,700 3,368,500
Short-term investments
1,071,100 1,087,200 1,127,700 1,194,400
Accounts receivablenet
1,486,200 1,691,200 1,168,300 1,215,700
Inventory
369,600 399,500 426,600 405,200
Prepaid expenses and other current assets
181,900 227,000 195,200 162,500
Total current assets
5,332,600 5,900,200 4,913,500 6,346,300
Long-term investments
339,700 339,700 289,100 112,000
Property and equipmentnet
1,691,500 1,619,000 1,605,200 1,544,800
Deferred contract costs
753,700 735,500 682,200 665,400
Deferred tax assets
1,304,500 1,314,900 1,367,800 1,457,200
Goodwill
257,400 257,400 258,300 258,900
Other intangible assetsnet
87,000 97,300 110,200 123,300
Other assets
117,100 125,200 135,000 133,500
Total assets
9,883,500 10,389,200 9,361,300 10,641,400
Accounts payable
238,700 230,800 221,300 245,200
Accrued liabilities
366,100 354,600 330,600 339,100
Accrued payroll and compensation
292,400 312,900 274,300 281,300
Current portion of long-term debt
0 499,700 499,400 499,000
Deferred revenue
3,726,300 3,636,000 3,460,500 3,412,500
Total current liabilities
4,623,500 5,034,000 4,786,100 4,777,100
Deferred revenue
3,625,200 3,479,800 3,189,900 3,155,100
Long-term debt
496,800 496,600 496,500 496,300
Other liabilities
148,300 141,300 153,700 152,500
Total liabilities
8,893,800 9,151,700 8,626,200 8,581,000
Common stock, 0.001 par value1,500.0 shares authorized 734.0 and 743.0 shares issued and outstanding on march31, 2026 and december31, 2025, respectively
700 700 700 800
Additional paid-in capital
1,798,700 1,770,100 1,714,700 1,715,900
Accumulated other comprehensive loss
-27,700 -25,400 -21,800 -20,700
Accumulated deficit
-782,000 -507,900 -958,500 364,400
Total stockholders equity
989,700 1,237,500 735,100 2,060,400
Total liabilities and stockholders equity
9,883,500 10,389,200 9,361,300 10,641,400
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$2,223,800K (-38.17%↓ Y/Y)Accounts receivablenet$1,486,200K (26.59%↑ Y/Y)Short-term investments$1,071,100K (-9.53%↓ Y/Y)Inventory$369,600K (1.90%↑ Y/Y)Prepaid expenses andother current assets$181,900K (45.06%↑ Y/Y)Total current assets$5,332,600K (-17.23%↓ Y/Y)Property andequipmentnet$1,691,500K (20.49%↑ Y/Y)Deferred tax assets$1,304,500K (-7.59%↓ Y/Y)Deferred contract costs$753,700K (18.47%↑ Y/Y)Long-term investments$339,700K (865.06%↑ Y/Y)Goodwill$257,400K (8.98%↑ Y/Y)Other assets$117,100K (-2.58%↓ Y/Y)Other intangibleassetsnet$87,000K (-28.22%↓ Y/Y)Total assets$9,883,500K (-5.03%↓ Y/Y)Total liabilities andstockholders equity$9,883,500K (-5.03%↓ Y/Y)Total liabilities$8,893,800K (5.33%↑ Y/Y)Total stockholdersequity$989,700K (-49.58%↓ Y/Y)Accumulated deficit-$782,000K (-347.23%↓ Y/Y)Accumulated othercomprehensive loss-$27,700K (-20.96%↓ Y/Y)Total currentliabilities$4,623,500K (-2.21%↓ Y/Y)Deferred revenue$3,625,200K (17.74%↑ Y/Y)Long-term debt$496,800K (0.12%↑ Y/Y)Other liabilities$148,300K (5.10%↑ Y/Y)Additional paid-in capital$1,798,700K (7.79%↑ Y/Y)Common stock, 0.001 parvalue1,500.0 shares...$700K (-12.50%↓ Y/Y)Deferred revenue$3,726,300K (11.59%↑ Y/Y)Accrued liabilities$366,100K (-11.78%↓ Y/Y)Accrued payroll andcompensation$292,400K (16.87%↑ Y/Y)Accounts payable$238,700K (6.33%↑ Y/Y)

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Fortinet, Inc. (FTNT)

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Fortinet, Inc. (FTNT)