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.

169.13 12.78 −7.03%
Market cap
$133.5B
P/E
59.1×
Fwd P/E
52.1×
Dividend yield
—
F-score
5/9
Altman Z
5.29
Beneish M
−2.64
Dividend safety
n/a

Fortinet, Inc. (FTNT) Book value per share

Alert me on 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

Against its own ten years

Low −0.6× High 2.0×
Ten-year median 1.0×
Current reading's percentile 91

Book value per share against peers

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))

The full definition of Book value per share →

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