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Fortinet, Inc. (FTNT)

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Fortinet, Inc. (FTNT)

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Balance Sheets Overview

Current Ratio
128.25%
Quick Ratio
119.44%
Cash Ratio
60.63%
Debt to Asset Ratio
85.72%
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
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
2,934,900
2,223,800
2,495,300
1,995,700
Short-term investments
1,134,700
1,071,100
1,087,200
1,127,700
Accounts receivablenet
1,455,600
1,486,200
1,691,200
1,168,300
Inventory
426,300
369,600
399,500
426,600
Prepaid expenses and other current assets
256,800
181,900
227,000
195,200
Total current assets
6,208,300
5,332,600
5,900,200
4,913,500
Long-term investments
399,100
339,700
339,700
289,100
Property and equipmentnet
1,699,500
1,691,500
1,619,000
1,605,200
Deferred contract costs
785,100
753,700
735,500
682,200
Deferred tax assets
1,319,400
1,304,500
1,314,900
1,367,800
Goodwill
257,400
257,400
257,400
258,300
Other intangible assetsnet
77,100
87,000
97,300
110,200
Other assets
113,300
117,100
125,200
135,000
Total assets
10,859,200
9,883,500
10,389,200
9,361,300
Accounts payable
282,500
238,700
230,800
221,300
Accrued liabilities
393,700
366,100
354,600
330,600
Accrued payroll and compensation
322,800
292,400
312,900
274,300
Current portion of long-term debt
0
0
499,700
499,400
Deferred revenue
3,841,800
3,726,300
3,636,000
3,460,500
Total current liabilities
4,840,800
4,623,500
5,034,000
4,786,100
Deferred revenue
3,833,900
3,625,200
3,479,800
3,189,900
Long-term debt
496,900
496,800
496,600
496,500
Other liabilities
136,500
148,300
141,300
153,700
Total liabilities
9,308,100
8,893,800
9,151,700
8,626,200
Common stock, 0.001 par value1,500.0 shares authorized 733.6 and 743.0 shares issued and outstanding on june30, 2026 and december31, 2025, respectively
700
700
700
700
Additional paid-in capital
1,895,900
1,798,700
1,770,100
1,714,700
Accumulated other comprehensive loss
-28,800
-27,700
-25,400
-21,800
Accumulated deficit
-316,700
-782,000
-507,900
-958,500
Total stockholders equity
1,551,100
989,700
1,237,500
735,100
Total liabilities and stockholders equity
10,859,200
9,883,500
10,389,200
9,361,300
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$2,934,900K (-12.87%↓ Y/Y)Accounts receivablenet$1,455,600K (19.73%↑ Y/Y)Short-term investments$1,134,700K (-5.00%↓ Y/Y)Inventory$426,300K (5.21%↑ Y/Y)Prepaid expenses andother current assets$256,800K (58.03%↑ Y/Y)Total current assets$6,208,300K (-2.17%↓ Y/Y)Property andequipmentnet$1,699,500K (10.01%↑ Y/Y)Deferred tax assets$1,319,400K (-9.46%↓ Y/Y)Deferred contract costs$785,100K (17.99%↑ Y/Y)Long-term investments$399,100K (256.34%↑ Y/Y)Goodwill$257,400K (-0.58%↓ Y/Y)Other assets$113,300K (-15.13%↓ Y/Y)Other intangibleassetsnet$77,100K (-37.47%↓ Y/Y)Total assets$10,859,200K (2.05%↑ Y/Y)Total liabilities andstockholders equity$10,859,200K (2.05%↑ Y/Y)Total liabilities$9,308,100K (8.47%↑ Y/Y)Total stockholdersequity$1,551,100K (-24.72%↓ Y/Y)Accumulated deficit-$316,700K (-186.91%↓ Y/Y)Accumulated othercomprehensive loss-$28,800K (-39.13%↓ Y/Y)Total currentliabilities$4,840,800K (1.33%↑ Y/Y)Deferred revenue$3,833,900K (21.51%↑ Y/Y)Long-term debt$496,900K (0.12%↑ Y/Y)Other liabilities$136,500K (-10.49%↓ Y/Y)Additional paid-in capital$1,895,900K (10.49%↑ Y/Y)Common stock, 0.001 parvalue1,500.0 shares...$700K (-12.50%↓ Y/Y)Deferred revenue$3,841,800K (12.58%↑ Y/Y)Accrued liabilities$393,700K (16.10%↑ Y/Y)Accrued payroll andcompensation$322,800K (14.75%↑ Y/Y)Accounts payable$282,500K (15.21%↑ Y/Y)