Financial insights of FTNT

MyFinsight

For the year ending 2025-12-31, FTNT made $6,799,600K in revenue. $1,853,400K in net income. Net profit margin of 27.26%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenue	6,799,600	5,955,800	5,304,800	4,417,400
Product	725,400	652,000	763,600	691,300
Service	603,500	505,600	473,600	393,600
Total cost of revenue	1,328,900	1,157,600	1,237,200	1,084,900
Total gross profit	5,470,700	4,798,200	4,067,600	3,332,500
Research and development	815,500	716,800	613,800	512,400
Sales and marketing	2,347,500	2,044,800	2,006,000	1,686,100
General and administrative	233,400	237,800	211,300	169,000
Gain on intellectual property matters	10,400	4,600	4,600	4,600
Total operating expenses	3,386,000	2,994,800	2,826,500	2,362,900
Operating income	2,084,700	1,803,400	1,241,100	969,600
Interest income	162,300	155,200	119,700	17,400
Interest expense	20,100	20,000	21,000	18,000
Gain on bargain purchase	-	106,300	-	-
Other income (expense)net	55,300	13,600	-6,100	-13,500
Income before income taxes and gain (loss) from equity method investments	2,282,200	2,058,500	1,333,700	955,500
Provision for income taxes	439,100	283,900	143,800	30,800
Gain (loss) from equity method investments	10,300	-29,400	-42,100	-68,100
Net income including non-controlling interests	-	1,745,200	1,147,800	856,600
Less net loss attributable to non-controlling interests, net of tax	-	0	0	-700
Net income	1,853,400	1,745,200	1,147,800	857,300

Basic EPS	2.45	2.28	1.47	1.08
Diluted EPS	2.42	2.26	1.46	1.06
Basic Average Shares	758,000,000	764,400,000	778,600,000	791,400,000
Diluted Average Shares	764,600,000	771,900,000	788,200,000	805,300,000