Fortinet, Inc.
FTNT Technology Software Infrastructure
Fortinet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue grew 25.6%, EPS grew 45.6%, free cash flow grew 239.9% and total debt fell 50.1%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for ten.
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Fortinet, Inc. (FTNT) Book value per share
Fortinet, Inc.'s book value per share at the end of fiscal 2025 was 1.6×, down 16.5% from 2.0× in fiscal 2024. At the end of the quarter to 30 June 2026 it was 2.1×. Over the past ten years it has ranged from −0.6× (fiscal 2023) to 2.0× (fiscal 2024); the current reading is higher than 91% of that period. Fortinet, Inc. ranks 97th of 173 Software Infrastructure companies by book value per share.
Book value per share, annual
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Annual newest first
| Period | Book value per share | Change |
|---|---|---|
| FY2025 | 1.6× | (16.46%) |
| FY2024 | 2.0× | — |
| FY2023 | −0.6× | — |
| FY2022 | −0.4× | — |
| FY2021 | 1.0× | (6.17%) |
| FY2020 | 1.0× | (33.60%) |
| FY2019 | 1.6× | 31.41% |
| FY2018 | 1.2× | 76.67% |
| FY2017 | 0.7× | (30.33%) |
| FY2016 | 1.0× | 9.47% |
Quarterly newest first
| Period | Book value per share | Change |
|---|---|---|
| Jun 2026 | 2.1× | 57.94% |
| Mar 2026 | 1.3× | (17.95%) |
| Dec 2025 | 1.6× | 67.79% |
| Sep 2025 | 1.0× | (63.85%) |
| 42 more quarters | Free account |
Against its own ten years
Book value per share against peers
| Company | Book value per share |
|---|---|
| SNPS Synopsys, Inc. compare | 163× |
| NBIS Nebius Group N.V. compare | 36.9× |
| XYZ Block, Inc. compare | 36.8× |
| PANW Palo Alto Networks, Inc. compare | 36.7× |
| ORCL Oracle Corporation compare | 22.7× |
| NTAP NetApp, Inc. compare | 7.6× |
| CRWD CrowdStrike compare | 5.0× |
| NET Cloudflare, Inc. compare | 4.6× |
| FTNT Fortinet, Inc. | 2.1× |
What Book value per share is
BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.
(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))
More on FTNT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement