Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Fortinet, Inc.

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Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Cash and Cash Equivalents	1,995.7	3,368.5	3,596.6	2,875.9	2,489.3	2,203.2
Cash and Cash Equivalents
Short-Term Investments	1,127.7	1,194.4	1,183.9	1,190.6	1,211.4	1,136.1
Short-Term Investments
Marketable Equity Securities
Total Cash and Cash Equivalents	3,123.4	4,562.9	4,780.5	4,066.5	3,700.7	3,339.3
Accounts Receivable	1,168.3	1,215.7	1,174	1,463.4	1,044.1	1,083.4
Accounts Receivable-Net
Total Trade Receivables	1,168.3	1,215.7	1,174	1,463.4	1,044.1	1,083.4
Inventories	426.6	405.2	362.7	315.5	354.3	383.2
Inventory
Other Current Assets	195.2	162.5	125.4	126.1	121.5	113.4
Prepaid Expenses and Other Current Assets
Deferred Tax Assets
Total Current Assets	4,913.5	6,346.3	6,442.6	5,971.5	5,220.6	4,919.3
Total Current Assets
Net Property, Plant & Equipment	1,605.2	1,544.8	1,403.8	1,349.5	1,273.4	1,242.7
Property and Equipment-Net
Net Intangible Assets	110.2	123.3	121.2	115	111.6	30.2
Other Intangible Assets-Net
Goodwill	258.3	258.9	236.2	235.4	212.8	127.9
Goodwill
Long-Term Investments	289.1	112	35.2	—	—	—
Long-Term Investments
Other Long-Term Assets	2,185	2,256.1	2,168	2,091.7	2,033.6	1,732.8
Deferred Contract Costs
Deferred Tax Assets
Other Assets
Total Assets	9,361.3	10,641.4	10,407	9,763.1	8,852	8,052.9
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Accounts Payable	221.3	245.2	224.5	190.9	177.9	132.1
Accounts Payable
Accrued Expenses	604.9	620.4	665.2	593.6	624.8	617.9
Accrued Liabilities
Accrued Payroll and Compensation
Current Portion of Long-Term Debt	499.4	499	498.7	—	—	—
Current Portion of Long-Term Debt
Unearned Revenue	3,460.5	3,412.5	3,339.4	3,276.2	3,081.2	2,975.3
Deferred Revenue
Other Current Liabilities	—	—	—	—	—	—
Income Taxes Payable
Total Current Liabilities	4,786.1	4,777.1	4,727.8	4,060.7	3,883.9	3,725.3
Total Current Liabilities
Long-Term Debt	496.5	496.3	496.2	994.3	993.8	993.3
Long-Term Debt
Other Long-Term Liabilities	3,343.6	3,307.6	3,220.1	3,214.3	3,066.2	3,046.1
Deferred Revenue
Income Tax Liabilities
Other Liabilities
Total Long-Term Liabilities	3,840.1	3,803.9	3,716.3	4,208.6	4,060	4,039.4
Total Liabilities	8,626.2	8,581	8,444.1	8,269.3	7,943.9	7,764.7
Total Liabilities

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Common Stock	0.7	0.8	0.8	0.8	0.8	0.8
Common Stock
Additional Paid-in Capital	1,714.7	1,715.9	1,668.7	1,636.2	1,568.6	1,499
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-21.8	-20.7	-22.9	-26.1	-18	-29
Accumulated Other Comprehensive Loss
Retained Earnings	-958.5	364.4	316.3	-117.1	-643.3	-1,182.6
Retained Earnings
Total Common Shareholders' Equity	735.1	2,060.4	1,962.9	1,493.8	908.1	288.2
Total Stockholders' Equity
Minority Interests and Other	—	—	—	—	—	—
Non-Controlling Interests
Total Shareholders' Equity	735.1	2,060.4	1,962.9	1,493.8	908.1	288.2
Total Liabilities and Shareholders' Equity	9,361.3	10,641.4	10,407	9,763.1	8,852	8,052.9
Total Liabilities and Stockholders' Equity