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Fortinet, Inc. (FTNT)

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Fortinet, Inc. (FTNT)

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Cash Flow Overview

Change in Cash
$711,100K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net income
    • Deferred revenue
    • Maturities of investments
    • Others
Negative Cash Flow Breakdown
    • Purchases of investments
    • Repurchase and retirement of com...
    • Deferred contract costs
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
606,300
534,500
506,000
473,900
Stock-based compensation
79,300
72,500
72,500
71,800
Amortization of deferred contract costs
96,700
94,200
90,300
86,000
Depreciation and amortization
41,400
39,800
39,500
38,400
Amortization of investment discounts
4,500
4,800
6,400
7,900
Other
2,800
44,900
-400
8,300
Accounts receivablenet
-29,900
-205,200
524,600
-46,000
Inventory
61,600
-23,600
-18,500
29,500
Prepaid expenses and other current assets
63,300
-62,800
31,600
32,200
Deferred contract costs
128,100
112,400
143,700
102,800
Deferred tax assets
14,600
-11,000
-52,500
-89,000
Other assets
3,600
5,400
2,600
1,900
Accounts payable
75,700
-26,000
16,400
-35,300
Accrued liabilities
42,000
12,500
28,800
-5,800
Accrued payroll and compensation
30,600
-20,600
38,700
-6,600
Deferred revenue
324,200
235,700
466,100
83,300
Other liabilities
-4,000
-600
-600
-2,900
Net cash provided by operating activities
1,043,600
1,077,100
620,200
655,200
Purchases of investments
405,300
350,700
483,500
536,100
Sales of investments
2,500
115,900
4,900
0
Maturities of investments
287,800
299,700
475,100
448,000
Purchases of property and equipment
-
-
130,500
-
Purchases of investments in privately held companies
-
-
0
-
Purchases of property and equipment
78,000
-251,400
-
322,000
Payments made in connection with business combinations, net of cash acquired
0
0
0
0
Purchases of marketable equity securities
-
-
0
0
Other
-8,400
0
0
0
Net cash used in investing activities
-184,600
-5,700
-46,300
-175,800
Repurchase and retirement of common stock
149,800
823,000
57,200
1,831,500
Repayment of senior notes
0
500,000
-
-
Proceeds from issuance of common stock
44,700
17,600
7,100
6,300
Taxes paid related to net share settlement of equity awards
22,800
36,300
22,600
26,700
Other
-20,000
-1,200
0
0
Net cash used in financing activities
-147,900
-1,342,900
-72,700
-1,851,900
Effect of exchange rate changes on cash and cash equivalents
0
0
-1,600
-300
Net increase in cash and cash equivalents
711,100
-271,500
499,600
-1,372,800
Cash and cash equivalentsbeginning of period
2,223,800
2,495,300
3,596,600
3,596,600
Cash and cash equivalentsend of period
2,934,900
2,223,800
2,495,300
1,995,700
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.

Cash Flow

Net income$606,300K (37.76%↑ Y/Y)Deferred revenue$324,200K (119.35%↑ Y/Y)Amortization of deferredcontract costs$96,700K (17.93%↑ Y/Y)Stock-based compensation$79,300K (14.76%↑ Y/Y)Accounts payable$75,700K (240.99%↑ Y/Y)Accrued liabilities$42,000K (157.22%↑ Y/Y)Depreciation andamortization$41,400K (8.09%↑ Y/Y)Accrued payroll andcompensation$30,600K (-1.61%↓ Y/Y)Accounts receivablenet-$29,900K (-172.57%↓ Y/Y)Net cash provided byoperating activities$1,043,600K (130.94%↑ Y/Y)Canceled cashflow$282,500K Net increase in cashand cash...$711,100K (411.75%↑ Y/Y)Canceled cashflow$332,500K Deferred contract costs$128,100K (15.20%↑ Y/Y)Prepaid expenses andother current assets$63,300K (78.31%↑ Y/Y)Inventory$61,600K (35.38%↑ Y/Y)Deferred tax assets$14,600K (-67.77%↓ Y/Y)Amortization of investmentdiscounts$4,500K (-50.55%↓ Y/Y)Other liabilities-$4,000K (-180.00%↓ Y/Y)Other assets$3,600K (-72.73%↓ Y/Y)Other$2,800K (-69.89%↓ Y/Y)Maturities of investments$287,800K (-28.53%↓ Y/Y)Other-$8,400K (-8500.00%↓ Y/Y)Sales of investments$2,500K (-13.79%↓ Y/Y)Proceeds from issuance ofcommon stock$44,700K (302.70%↑ Y/Y)Net cash used ininvesting activities-$184,600K (30.65%↑ Y/Y)Net cash used infinancing activities-$147,900K (64.29%↑ Y/Y)Canceled cashflow$298,700K Canceled cashflow$44,700K Purchases of investments$405,300K (-14.40%↓ Y/Y)Repurchase and retirementof common stock$149,800K (-62.65%↓ Y/Y)Purchases of property andequipment$78,000K (-53.52%↓ Y/Y)Taxes paid related tonet share...$22,800K (-5.39%↓ Y/Y)Other-$20,000K (-19900.00%↓ Y/Y)