For the quarter ending 2025-09-30, FTNT had -$1,372,800K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income including non-controlling interests | - | - | - | 1,445,900 |
| Net income | 473,900 | 440,100 | -785,600 | - |
| Stock-based compensation | 71,800 | 69,100 | 66,100 | 65,800 |
| Amortization of deferred contract costs | 86,000 | 82,000 | 78,000 | 75,400 |
| Depreciation and amortization | 38,400 | 38,300 | 35,800 | 35,200 |
| Amortization of investment discounts | 7,900 | 9,100 | 10,300 | 11,500 |
| Loss from equity method investments | - | - | - | -5,500 |
| Gain on bargain purchase | - | - | - | 106,300 |
| Other | 8,300 | 9,300 | 35,500 | 11,900 |
| Accounts receivablenet | -46,000 | 41,200 | -303,900 | 421,900 |
| Inventory | 29,500 | 45,500 | 34,100 | -26,300 |
| Prepaid expenses and other current assets | 32,200 | 35,500 | -3,400 | 4,700 |
| Deferred contract costs | 102,800 | 111,200 | 91,300 | 98,900 |
| Deferred tax assets | -89,000 | 45,300 | 30,000 | 35,600 |
| Other assets | 1,900 | 13,200 | -1,500 | 2,200 |
| Accounts payable | -35,300 | 22,200 | 24,600 | 21,800 |
| Accrued liabilities | -5,800 | -73,400 | 63,700 | -34,400 |
| Accrued payroll and compensation | -6,600 | 31,100 | -8,200 | 7,900 |
| Deferred revenue | 83,300 | 147,800 | 57,000 | 343,400 |
| Other liabilities | -2,900 | 5,000 | 5,300 | -8,800 |
| Net cash provided by operating activities | 655,200 | 451,900 | 863,300 | 477,600 |
| Purchases of investments | 536,100 | 473,500 | 503,000 | 463,300 |
| Sales of investments | 0 | 2,900 | 2,800 | 500 |
| Maturities of investments | 448,000 | 402,700 | 466,900 | 509,000 |
| Purchases of property and equipment | - | - | - | 378,900 |
| Purchases of investments in privately held companies | - | - | - | 0 |
| Purchases of property and equipment | 87,700 | 167,800 | -214,800 | - |
| Payments made in connection with business combinations, net of cash acquired | 0 | 30,400 | 11,200 | 28,500 |
| Purchases of marketable equity securities | 0 | - | - | 0 |
| Other | 0 | 100 | -200 | 0 |
| Net cash used in investing activities | -175,800 | -266,200 | -110,800 | -79,900 |
| Repurchase and retirement of common stock | 1,831,500 | 401,100 | - | 0 |
| Proceeds from issuance of common stock | 6,300 | 11,100 | 20,200 | 23,400 |
| Taxes paid related to net share settlement of equity awards | 26,700 | 24,100 | 52,900 | 21,300 |
| Other | 0 | -100 | 0 | -10,900 |
| Net cash used in financing activities | -1,851,900 | -414,200 | -32,700 | -8,800 |
| Effect of exchange rate changes on cash and cash equivalents | -300 | 400 | 900 | -2,300 |
| Net increase (decrease) in cash and cash equivalents | -1,372,800 | -228,100 | 720,700 | 386,600 |
| Cash and cash equivalents at beginning of period | 3,368,500 | 3,596,600 | 2,875,900 | 2,489,300 |
| Cash and cash equivalents at end of period | 1,995,700 | 3,368,500 | 3,596,600 | 2,875,900 |
Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT)