Name: FTNT Balance Sheet - Fortinet Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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FTNT - Fortinet, Inc.

USD | NASDAQ | Technology

FTNT Balance Sheet - Fortinet Assets & Debt | Ledgeburg

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Cash And Short Term Investments
Cash And Equivalents	2,223.8	2,495.3	1,995.7	3,368.5	3,596.6	2,875.9	2,489.3	2,203.2	1,926.3	1,397.9	2,186.8	2,376.3	2,304.2	1,682.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Cash And Short Term Investments
Cash And Equivalents	2,495.3	2,875.9	1,397.9	1,682.9	1,319.1	1,061.8	1,222.5	1,112.4	811.0	709.0	543.3	283.3	115.9	123.0	72.0	66.9	212.5	56.6
Restricted Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	-	-	-	-	-	775.5	843.1	537.2	440.3	376.5	348.1	436.8	375.5	290.7	318.3	246.7	-
Cash And Short Term Investments	2,495.3	2,875.9	1,397.9	1,682.9	1,319.1	1,837.3	2,065.6	1,649.6	1,251.3	1,085.5	891.4	720.0	491.4	413.7	390.3
Receivables
Accounts Receivable	1,691.2	1,463.4	1,402.0	1,261.7	807.7	720.0	544.3	444.5	348.2	313.0	259.6	184.7	130.5	107.6	95.5
Current Assets
Inventory	399.5	315.5	484.8	264.6	175.8	139.8	117.9	90.0	77.3	106.9	83.9	69.5	48.7	21.1	16.2	13.5
Non-Current Assets
Property, Plant & Equipment Gross	2,100.9	1,765.6	1,397.4	1,178.7	899.3	620.5	481.3	382.2	340.6	207.7	140.1	94.7	78.5	56.9
Current Liabilities
Accounts Payable	230.8	190.9	204.3	243.4	148.4	141.6	96.4	86.4	70.0	56.7	61.5	49.9	35.6	20.8	19.8
Non-Current Liabilities
Long Term Debt	496.6	994.3	992.3	990.4	988.4	0.0	-	-	-	-	-	-	-	-	-	-
Common Equity
Common Stock	0.7	0.8	0.8	0.8	0.8	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
Supplementary Data
Total Debt	996.3	994.3	992.3	990.4	988.4	0.0	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	1,486.2	1,691.2	1,168.3	1,215.7	1,174.0	1,463.4	1,044.1	1,083.4	996.2	1,402.0	1,013.8	1,078.8	1,087.2	1,261.7	963.2	919.5	790.4	807.7	604.9	584.6	637.3	720.0	546.6	498.7	474.7	544.3	384.1	403.1	381.0	444.5	324.4	333.6	313.1	348.2	258.0	274.5	270.1	313.0	239.0	254.4

Current Assets
Inventory	369.6	399.5	426.6	405.2	362.7	315.5	354.3	383.2	439.5	484.8	467.5	376.3	302.7	264.6	215.8	195.2	184.6	175.8	177.9	149.8	149.6	139.8	134.5	126.0	105.0	117.9	99.2	85.7	88.4	90.0	80.8	78.2	80.0	77.3	73.6	86.4	105.0	106.9	93.7	81.2
Prepaid Expenses	181.9	227.0	195.2	162.5	125.4	126.1	121.5	113.4	100.9	101.1	102.6	109.5	89.7	73.1	72.8	83.3	91.7
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	5,332.6	5,900.2	4,913.5	6,346.3	6,442.6	5,971.5	5,220.6	4,919.3	4,559.7	4,428.3	4,752.7	4,878.1	4,358.7	3,810.4	2,982.2	2,952.9

Non-Current Assets
Property, Plant & Equipment Gross	2,194.6	2,100.9	2,067.6	1,999.6	1,836.8	1,765.6	1,686.9	1,638.4	1,621.3	1,397.4	1,370.1	1,300.3	1,218.0	1,178.7	1,149.3	1,057.2	1,014.0	899.3	762.6	698.4	674.8	620.5	582.8	548.1	521.1	481.3	434.6	406.2	391.0	382.2	379.6	363.5	346.7	340.6	327.9	320.4	231.2	207.7	190.0	184.6
Accumulated Depreciation	503.1	481.9	462.4	454.8	433.0	416.1	413.5	395.7	373.9	353.0	332.1	318.4	300.6	280.2	259.8	242.6	227.5
Property,Plant & Equipment Net	1,691.5	1,619.0	1,605.2	1,544.8	1,403.8	1,349.5	1,273.4	1,242.7	1,247.4	1,044.4	1,038.0	981.9	917.4	898.5	889.5	814.6
Long Term Investments	339.7	339.7	289.1	112.0	35.2	0.0	-	-	-	-	1.5	4.2	15.6	45.5	84.0	188.5	360.8
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	257.4	257.4	258.3	258.9	236.2	235.4	212.8	127.9	129.0	126.5	125.4	126.0	127.8	128.0	120.2	121.3	123.8	125.1
Intangible Assets	87.0	97.3	110.2	123.3	121.2	115.0	111.6	30.2	34.1	35.3	39.6	44.6	51.1	56.0	38.8	45.4	55.1
Operating Lease Right Of Use Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Assets	1,304.5	1,314.9	1,367.8	1,457.2	1,411.6	1,335.6	1,300.4	998.5	942.5	868.8	788.5	729.2	649.6	569.4	515.5	480.2	431.7
Other Non-Current Assets	117.1	125.2	135.0	133.5	120.2	133.2	133.8	137.4	149.4	150.0	163.7	163.3	175.2	202.0	225.2	234.7	247.4
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	9,883.5	10,389.2	9,361.3	10,641.4	10,407.0	9,763.1	8,852.0	8,052.9	7,662.1	7,258.9	7,479.3	7,486.1	6,832.3	6,228.0	5,335.9	5,294.5

Current Liabilities
Accounts Payable	238.7	230.8	221.3	245.2	224.5	190.9	177.9	132.1	135.2	204.3	253.9	238.3	238.4	243.4	215.1	193.1	174.7	148.4	142.3	132.0	129.5	141.6	95.9	107.2	87.8	96.4	85.9	72.4	69.2	86.4	66.6	63.7	55.7	70.0	44.5	42.2	48.7	56.7	57.5	56.9
Short Term Debt	0.0	499.7	499.4	499.0	498.7	0.0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	3,726.3	3,636.0	3,460.5	3,412.5	3,339.4	3,276.2	3,081.2	2,975.3	2,912.0	2,848.7	2,647.3	2,587.7	2,463.3	2,349.3	2,129.0	2,013.2
Operating Lease Liabilities Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Expenses	366.1	354.6	330.6	339.1	415.0	337.9	376.6	400.6	538.7	423.7	317.2	266.8	346.7	248.7	244.8	241.2	261.4
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	4,623.5	5,034.0	4,786.1	4,777.1	4,727.8	4,060.7	3,883.9	3,725.3	3,800.4	3,719.0	3,649.0	3,500.6	3,261.8	3,078.4	2,779.6

Non-Current Liabilities
Long Term Debt	496.8	496.6	496.5	496.3	496.2	994.3	993.8	993.3	992.8	992.3	991.8	991.3	990.9	990.4	989.9	989.4	988.9	988.4	988.0	987.5	987.0	0.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Liabilities Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Non-Current	3,625.2	3,479.8	3,189.9	3,155.1	3,079.0	3,084.7	2,930.5	2,920.9	2,877.9	2,886.3	2,638.0	2,540.9	2,417.6	2,291.0	2,064.5	1,918.8
Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	148.3	141.3	153.7	152.5	141.1	129.6	135.7	125.2	128.5	124.7	64.6	73.0	80.1	82.0	56.9	63.9
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	8,893.8	9,151.7	8,626.2	8,581.0	8,444.1	8,269.3	7,943.9	7,764.7	7,799.6	7,722.3	7,405.2	7,164.9	6,820.9	6,509.6	5,958.7	5,674.1

Common Equity
Common Stock	0.7	0.7	0.7	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.2	0.8	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
Additional Paid In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	(782.0)	(507.9)	(958.5)	364.4	316.3	(117.1)	(643.3)	(1,182.6)	(1,562.4)	(1,861.7)	(1,299.4)	(1,032.4)	(1,298.7)	(1,546.4)	(1,860.2)	(1,607.6)	(1,003.4)
Accumulated Other Comprehensive Income	(27.7)	(25.4)	(21.8)	(20.7)	(22.9)	(26.1)	(18.0)	(29.0)	(24.8)	(18.9)	(24.3)	(23.1)	(18.1)	(20.2)	(25.5)
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11.9	13.3	15.5	16.7
Total Stockholders Equity	989.7	1,237.5	735.1	2,060.4	1,962.9	1,493.8	908.1	288.2	(137.5)	(463.4)	74.1	321.2	11.4	(281.6)	(634.7)	(392.9)
Total Equity	989.7	1,237.5	735.1	2,060.4	1,962.9	1,493.8	908.1	288.2	(137.5)	(463.4)	74.1	321.2	11.4	(281.6)	(622.8)	(379.6)	233.2	798.4

Supplementary Data
Total Debt	496.8	996.3	995.9	995.3	994.9	994.3	993.8	993.3	992.8	992.3	991.8	991.3	990.9	990.4	989.9	989.4	988.9	988.4	1,005.6	987.5	987.0	0.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net debt	(1,727.0)	(1,499.0)	(999.8)	(2,373.2)	(2,601.7)	(1,881.6)	(1,495.5)	(1,209.9)	(933.5)	(405.6)	(1,195.0)	(1,385.0)	(1,313.3)	(692.5)	25.9	279.4	65.4	(330.7)
Working Capital	709.1	866.2	127.4	1,569.2	1,714.8	1,910.8	1,336.7	1,194.0	759.3	709.3	1,103.7	1,377.5	1,096.9	732.0	202.6	318.0	697.8
Book Value	989.7	1,237.5	735.1	2,060.4	1,962.9	1,493.8	908.1	288.2	(137.5)	(463.4)	74.1	321.2	11.4	(281.6)	(634.7)	(392.9)	217.7	781.7
Tangible Book Value	645.3	882.8	366.6	1,678.2	1,605.5	1,143.4	583.7	130.1	(300.6)	(625.2)	(90.9)	150.6	(167.5)	(465.6)	(793.7)	(559.6)	38.8