For the quarter ending 2026-03-31, FTNT had -$271,500K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 534,500 | 506,000 | 1,013,800 | 1,119,200 |
| Stock-based compensation | 72,500 | 72,500 | 71,800 | 69,100 |
| Amortization of deferred contract costs | 94,200 | 90,300 | 86,000 | 82,000 |
| Depreciation and amortization | 39,800 | 39,500 | 38,400 | 38,300 |
| Amortization of investment discounts | 4,800 | 6,400 | 7,900 | 9,100 |
| Other | 44,900 | -400 | 8,300 | 9,300 |
| Accounts receivablenet | -205,200 | 524,600 | -46,000 | 41,200 |
| Inventory | -23,600 | -18,500 | 29,500 | 45,500 |
| Prepaid expenses and other current assets | -62,800 | 31,600 | 32,200 | 35,500 |
| Deferred contract costs | 112,400 | 143,700 | 102,800 | 111,200 |
| Deferred tax assets | -11,000 | -52,500 | -89,000 | 45,300 |
| Other assets | 5,400 | 2,600 | 1,900 | 13,200 |
| Accounts payable | -26,000 | 16,400 | -35,300 | 22,200 |
| Accrued liabilities | 12,500 | 28,800 | -5,800 | -73,400 |
| Accrued payroll and compensation | -20,600 | 38,700 | -6,600 | 31,100 |
| Deferred revenue | 235,700 | 466,100 | 83,300 | 147,800 |
| Other liabilities | -600 | -600 | -2,900 | 5,000 |
| Net cash provided by operating activities | 1,077,100 | 620,200 | 655,200 | 451,900 |
| Purchases of investments | 350,700 | 483,500 | 536,100 | 473,500 |
| Sales of investments | 115,900 | 4,900 | 0 | 2,900 |
| Maturities of investments | 299,700 | 475,100 | 448,000 | 402,700 |
| Purchases of property and equipment | - | 298,300 | - | - |
| Purchases of investments in privately held companies | - | 0 | - | - |
| Purchases of property and equipment | -251,400 | - | 87,700 | 234,300 |
| Payments made in connection with business combinations, net of cash acquired | 0 | 0 | 0 | 30,400 |
| Purchases of marketable equity securities | - | 0 | 0 | - |
| Other | 0 | 0 | 0 | 100 |
| Net cash used in investing activities | -5,700 | -46,300 | -175,800 | -266,200 |
| Repurchase and retirement of common stock | 823,000 | 57,200 | 1,831,500 | 401,100 |
| Repayment of senior notes | 500,000 | - | - | - |
| Proceeds from issuance of common stock | 17,600 | 7,100 | 6,300 | 11,100 |
| Taxes paid related to net share settlement of equity awards | 36,300 | 22,600 | 26,700 | 24,100 |
| Other | -1,200 | 0 | 0 | -100 |
| Net cash used in financing activities | -1,342,900 | -72,700 | -1,851,900 | -414,200 |
| Effect of exchange rate changes on cash and cash equivalents | 0 | -1,600 | -300 | 400 |
| Net increase (decrease) in cash and cash equivalents | -271,500 | 499,600 | -1,372,800 | -228,100 |
| Cash and cash equivalentsbeginning of period | 2,495,300 | 880,200 | -492,600 | -720,700 |
| Cash and cash equivalentsend of period | 2,223,800 | 499,600 | -1,372,800 | -228,100 |
Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT)