Fortinet Inc. (FTNT) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Fortinet Inc. (FTNT) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How FTNT Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $6.80B | 80.5% | 30.7% | $1.85B | $2.28B | 95% |
| FY 2024 | $5.96B | 80.6% | 30.3% | $1.75B | $1.99B | 95% |
| FY 2023 | $5.30B | 44% | 23.4% | $1.15B | $1.70B | 2.9% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring FTNT)
- ✓Live walkthrough of FTNT's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
FTNT Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +14.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on FTNT today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for FTNT. Explore sector supply chains on /butterfly.
FTNT Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Fortinet Inc. (FTNT)?
In FY 2025 (10-K), FTNT converted $6.8B of revenue into a 80.5% gross margin, 30.7% operating margin, and $2.3B in free cash flow (33.6% FCF margin).