Fortinet

Fortinet Tax Expense

The Income Tax Expense of Fortinet (FTNT) as of Oct 30, 2026 is 439.10 M USD. In the previous year, Income Tax Expense was 283.90 M USD — a change of 54.67% (higher).

Tax Expense

439.10 MUSD

YoY

54.67%

Last updated:

Income Tax Expense of Fortinet is 2025 439.10 M USD. Income Tax Expense of Fortinet was 2024 283.90 M USD. It decreases by 54.67% higher compared to the previous year.

The Fortinet Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2018
-80.60 M USD
Jan 1, 2019
54.30 M USD
Jan 1, 2020
53.20 M USD
Jan 1, 2021
14.10 M USD
Jan 1, 2022
30.80 M USD
Jan 1, 2023
143.80 M USD
Jan 1, 2024
283.90 M USD
Jan 1, 2025
439.10 M USD
The Fortinet Tax Expense history
YEARTax ExpenseYoY
439.10 MUSD+54.67%
283.90 MUSD+97.43%
143.80 MUSD+366.88%
30.80 MUSD+118.44%
14.10 MUSD-73.50%
53.20 MUSD-2.03%
54.30 MUSD-167.37%
-80.60 MUSD-187.04%
92.60 MUSD+749.54%
10.90 MUSD+20.87%
9.02 MUSD-75.09%
36.21 MUSD—

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Fortinet Stock analysis

What does Fortinet do? Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future. Fortinet is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fortinet stock

Income Tax Expense of Fortinet is 439.10 M USD in 2025.

Income Tax Expense of Fortinet changed from 283.90 M USD to 439.10 M USD, representing a 54.67% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Income Tax Expense Fortinet since 2006 – with annual values, charts, and detailed analysis.

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Income Tax Expense's Fortinet historically and in real time.

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Income Statement — Fortinet

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