Company Dossier · Information Technology
Fortinet
- S&P 500
- Nasdaq-100
- Russell 1000
What Fortinet is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $7.53 billion, up 19% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $3.20 billion, up 58% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.19 billion, down 49% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $2.29 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 29, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Guidance in the last 90 days: 3 outlook figures raised, 0 lowered, 1 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed February 25, 2026): 1 risk factor added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $36.2 million on the open market.SEC Form 4
- 1,587 institutional managers reported a position at June 30, 2026 (+258 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 30 (60 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Fortinet is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Retrenching · Confident
Expanding ↔ Retrenching
Retrenching
- Capital spending2nd pct
- Debt raised—
- Buybacks vs capex25th pct
- Hiring filings58th pct
- Deals and private raises48th pct
- Patent publications5th pct
Confident ↔ Hedging
Confident
- Call sentiment75th pct
- Call confidence78th pct
- Guidance changes84th pct
- Risk factors added71st pct
- Insider open-market trades56th pct
- + Guidance changes
- + Call sentiment
- + Call confidence
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver52nd pct
- Stress filings49th pct
Credit
How these are built →Fortinet's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$0.5B
- Due within a year $0.0B
- Longer term $0.5B
- Default point $0.2B (short + ½ long)
Finance leases included · Jun 30, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 20, 2026Patent
- Oct 13, 2026Patent
- Oct 13, 2026Patent
- Oct 13, 2026Patent
- Oct 13, 2026Patent
- Jul 20, 2026LobbyingLobbying report (NAVIGATORS GLOBAL LLC (FORMERLY DC NAVIGATORS, LLC))second_quarter 2026 · $0.1 million
- Jun 16, 20268-KShareholder vote resultsItem 5.07
- Apr 21, 2026LobbyingLobbying report (NAVIGATORS GLOBAL LLC (FORMERLY DC NAVIGATORS, LLC))first_quarter 2026 · $0.0 million
- Feb 26, 2026LobbyingLobbying report (NAVIGATORS GLOBAL LLC (FORMERLY DC NAVIGATORS, LLC))first_quarter 2026
- Feb 25, 202610-KAnnual report (10-K)1 risk factors added, 0 removed
- Oct 20, 2025LobbyingLobbying report (FORTINET, INC.)third_quarter 2025 · $0.2 million
- Oct 20, 2025LobbyingLobbying report (SALT POINT STRATEGIES)third_quarter 2025 · $0.1 million
- Jul 21, 2025LobbyingLobbying report (FORTINET, INC.)second_quarter 2025 · $0.2 million
- Jul 16, 2025LobbyingLobbying report (SALT POINT STRATEGIES)second_quarter 2025 · $0.1 million
- Jul 2, 2025Trademark
- Jun 18, 20258-KShareholder vote resultsItem 5.07
- May 15, 20258-KDirector or officer changeItem 5.02
- Apr 19, 2025LobbyingLobbying report (SALT POINT STRATEGIES)first_quarter 2025 · $0.1 million
- Feb 21, 202510-KAnnual report (10-K)2 risk factors added, 0 removed
- Feb 6, 20258-KDirector or officer changeItem 5.02
- Jan 22, 20258-KDirector or officer changeItem 5.02
- Nov 12, 20248-KDirector or officer changeItem 5.02
- Feb 26, 202410-KAnnual report (10-K)3 risk factors added, 3 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Gen Digital GEN | $5.1B | $1.6B | Jul 3, 2026 |
| Samsara IOT | $1.9B | $0.3B | Aug 1, 2026 |
| CoreWeave CRWV | $7.6B | −$13.7B | Jun 30, 2026 |
| NetApp NTAP | $7.4B | $1.6B | Jul 31, 2026 |
| Autodesk ADSK | $7.8B | $2.8B | Jul 31, 2026 |
| Coherent Corp. COHR | $7.1B | −$1.0B | Jun 30, 2026 |
| Amkor Technology AMKR | $7.1B | $0.2B | Mar 31, 2026 |
| Roper Technologies ROP | $8.3B | — | Jun 30, 2026 |