What is the current annual free cash flow of FTNT?

As of today, FTNT annual free cash flow is $2.23B

What is 1-year change in FTNT annual free cash flow?

FTNT annual free cash flow is up +18.44% year-over-year

What is 3-year change in FTNT annual free cash flow?

FTNT annual free cash flow is up +53.57% over the past 3 years

How far is FTNT annual free cash flow from its all-time high?

FTNT annual free cash flow is currently at its all-time high

How does FTNT annual free cash flow rank versus sector peers?

FTNT annual free cash flow is higher than 94.26% of companies in Technology sector

When is FTNT next annual earnings release?

The next annual earnings release for FTNT is on February 4, 2027

What is the current quarterly free cash flow of FTNT?

As of today, FTNT quarterly free cash flow is $881.80M

What is FTNT quarterly free cash flow most recent change?

FTNT quarterly free cash flow was down -8.68% on September 30, 2026

What is 1-year change in FTNT quarterly free cash flow?

FTNT quarterly free cash flow is up +55.38% year-over-year

How far is FTNT quarterly free cash flow from its all-time high?

FTNT quarterly free cash flow is currently -12.39% below its historical high of $1.01B set on March 31, 2026

How does FTNT quarterly free cash flow rank versus sector peers?

FTNT quarterly free cash flow is higher than 94.77% of companies in Technology sector

When is FTNT next earnings release?

The next earnings release for FTNT is on February 4, 2027

What is the current TTM free cash flow of FTNT?

As of today, FTNT TTM free cash flow is $3.43B

What is FTNT TTM free cash flow most recent change?

FTNT TTM free cash flow was up +10.08% on September 30, 2026

What is 1-year change in FTNT TTM free cash flow?

FTNT TTM free cash flow is up +69.16% year-over-year

How far is FTNT TTM free cash flow from its all-time high?

FTNT TTM free cash flow is currently at its all-time high

How does FTNT TTM free cash flow rank versus sector peers?

FTNT TTM free cash flow is higher than 94.91% of companies in Technology sector

When is FTNT next earnings release?

The next earnings release for FTNT is on February 4, 2027

Fortinet, Inc. (FTNT) Free Cash Flow History & Chart

Annual FCF

$2.23B$346.60M+18.44%

December 31, 2025

Summary

Current Value: As of today, FTNT annual free cash flow is $2.23B, up +18.44% on December 31, 2025
Historical Performance: FTNT annual free cash flow is up +53.57% over the past 3 years, up +132.39% over the past 5 years
All-Time High Comparison: FTNT annual free cash flow is currently at its all-time high
3-Year Low Comparison: FTNT annual free cash flow is +53.57% above its 3-year low of $1.45B reached on an earlier date
Sector Comparison: FTNT annual free cash flow is higher than 94.26% of companies in Technology sector

Free Cash Flow Chart

beforeafter

Performance

FTNT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Free Cash Flow	Dec 31, 25	$2.23B	+18.4%	+53.6%	+132.4%	+2134.6%
Quarterly Free Cash Flow	Sep 30, 26	$881.80M	+55.4%	+83.3%	+167.4%	+2429.1%
TTM Free Cash Flow	Sep 30, 26	$3.43B	+69.2%	+66.3%	+174.0%	+2382.7%
Price	Oct 29, 26	$139.10	+65.2%	+147.0%	+106.8%	+2916.1%
Annual Cash From Operations	Dec 31, 25	$2.59B	+14.7%	+49.7%	+139.1%	+2405.8%
Annual CAPEX	Dec 31, 25	$364.80M	-3.7%	+29.7%	+189.8%	+9561.0%
Annual Dividends Paid	Dec 31, 25	$0.00	0.0%	0.0%	0.0%	0.0%
Annual Net Income	Dec 31, 25	$1.85B	+6.2%	+116.4%	+279.4%	+4393.6%
Annual Revenue	Dec 31, 25	$6.80B	+14.2%	+53.9%	+162.1%	+1994.1%

Free Cash Flow Highs

FTNT Annual Free Cash Flow Highs Comparison
Period	High	Date	Current
3Y	$2.23B	Dec 31, 25	at high
5Y	$2.23B	Dec 31, 25	at high
All	$2.23B	Dec 31, 25	at high

Free Cash Flow Lows

FTNT Annual Free Cash Flow Lows Comparison
Period	Low	Date	Current
3Y	$1.45B	N/A	+53.6%
5Y	$957.80M	N/A	+132.4%
All	$2.22M	Dec 31, 06	>+9999.0%

Free Cash Flow History

Year	Value	Change
2025	$2.23B	+18.4%
2024	$1.88B	+8.5%
2023	$1.73B	+19.5%
2022	$1.45B	+20.4%
2021	$1.20B	+25.7%
2020	$957.80M	+33.8%
2019	$715.80M	+22.2%
2018	$585.90M	+27.6%
2017	$459.09M	+64.8%
2016	$278.53M	+13.6%

Year	Value	Change
2015	$245.19M	+49.2%
2014	$164.39M	+23.1%
2013	$133.51M	-17.5%
2012	$161.78M	+25.2%
2011	$129.22M	+29.7%
2010	$99.61M	+73.6%
2009	$57.38M	+64.5%
2008	$34.89M	+36.1%
2007	$25.64M	+1,054.0%
2006	$2.22M	-

FAQ

What is the current annual free cash flow of FTNT?: As of today, FTNT annual free cash flow is $2.23B
What is 1-year change in FTNT annual free cash flow?: FTNT annual free cash flow is up +18.44% year-over-year
What is 3-year change in FTNT annual free cash flow?: FTNT annual free cash flow is up +53.57% over the past 3 years
How far is FTNT annual free cash flow from its all-time high?: FTNT annual free cash flow is currently at its all-time high
How does FTNT annual free cash flow rank versus sector peers?: FTNT annual free cash flow is higher than 94.26% of companies in Technology sector
When is FTNT next annual earnings release?: The next annual earnings release for FTNT is on February 4, 2027

Free Cash Flow Formula

FCF = CFO − CAPEX

Quarterly FCF

$881.80M$83.80M-8.68%

September 30, 2026

Summary

Current Value: As of today, FTNT quarterly free cash flow is $881.80M, down -8.68% on September 30, 2026
Historical Performance: FTNT quarterly free cash flow is up +55.38% year-over-year, up +83.29% over the past 3 years
All-Time High Comparison: FTNT quarterly free cash flow is currently -12.39% below its historical high of $1.01B set on March 31, 2026
3-Year Low Comparison: FTNT quarterly free cash flow is +435.07% above its 3-year low of $164.80M reached on December 31, 2023
Sector Comparison: FTNT quarterly free cash flow is higher than 94.77% of companies in Technology sector

Performance

FTNT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Free Cash Flow	Sep 30, 26	$881.80M	-8.7%	+55.4%	+83.3%	+167.4%
Annual Free Cash Flow	Dec 31, 25	$2.23B	–	+18.4%	+53.6%	+132.4%
TTM Free Cash Flow	Sep 30, 26	$3.43B	+10.1%	+69.2%	+66.3%	+174.0%
Price	Oct 29, 26	$139.10	-9.8%	+65.2%	+147.0%	+106.8%
Quarterly Cash From Operations	Sep 30, 26	$946.00M	-9.3%	+44.4%	+71.6%	+137.2%
Quarterly CAPEX	Sep 30, 26	$64.20M	-17.7%	-26.8%	-8.4%	-7.0%
Quarterly Dividends Paid	Sep 30, 26	-	–	–	–	–
Quarterly Net Income	Sep 30, 26	$635.50M	+4.8%	+34.1%	+96.8%	+289.4%
Quarterly Revenue	Sep 30, 26	$2.08B	+1.5%	+20.5%	+55.7%	+139.7%

Quarterly Free Cash Flow Highs

FTNT Quarterly Free Cash Flow Highs Comparison
Period	High	Date	Current
1Y	$1.01B	Mar 31, 26	-12.4%
3Y	$1.01B	Mar 31, 26	-12.4%
5Y	$1.01B	Mar 31, 26	-12.4%
All	$1.01B	Mar 31, 26	-12.4%

Quarterly Free Cash Flow Lows

FTNT Quarterly Free Cash Flow Lows Comparison
Period	Low	Date	Current
1Y	$567.50M	N/A	+55.4%
3Y	$164.80M	Dec 31, 23	+435.1%
5Y	$164.80M	Dec 31, 23	+435.1%
All	$12.95M	Mar 31, 09	+6711.4%

Quarterly Free Cash Flow History

Month	Value	Change
Sep 2026	$881.80M	-8.7%
Jun 2026	$965.60M	-4.1%
Mar 2026	$1.01B	+74.3%
Dec 2025	$577.40M	+1.7%
Sep 2025	$567.50M	+99.8%
Jun 2025	$284.10M	-64.3%
Mar 2025	$796.80M	+109.7%
Dec 2024	$380.00M	-33.5%
Sep 2024	$571.80M	+79.3%
Jun 2024	$318.90M	-47.6%
Mar 2024	$608.50M	+269.2%
Dec 2023	$164.80M	-65.7%
Sep 2023	$481.10M	+9.8%
Jun 2023	$438.30M	-32.3%
Mar 2023	$647.20M	+30.2%
Dec 2022	$497.20M	+25.8%
Sep 2022	$395.20M	+39.4%
Jun 2022	$283.50M	+3.7%
Mar 2022	$273.50M	+26.9%
Dec 2021	$215.50M	-34.7%
Sep 2021	$329.80M	-16.4%
Jun 2021	$394.70M	+49.6%
Mar 2021	$263.80M	-0.2%
Dec 2020	$264.20M	+42.3%
Sep 2020	$185.70M	-14.1%
Jun 2020	$216.10M	-25.9%
Mar 2020	$291.80M	+103.8%
Dec 2019	$143.20M	-29.7%
Sep 2019	$203.70M	+14.6%
Jun 2019	$177.80M	-7.0%
Mar 2019	$191.10M	+13.3%
Dec 2018	$168.60M	+6.4%
Sep 2018	$158.50M	+21.3%
Jun 2018	$130.70M	+2.0%
Mar 2018	$128.10M	-11.0%
Dec 2017	$143.87M	+2.3%

Month	Value	Change
Sep 2017	$140.59M	+140.7%
Jun 2017	$58.41M	-49.7%
Mar 2017	$116.22M	+38.1%
Dec 2016	$84.17M	+19.9%
Sep 2016	$70.22M	+31.3%
Jun 2016	$53.50M	-24.3%
Mar 2016	$70.64M	+17.3%
Dec 2015	$60.21M	+16.4%
Sep 2015	$51.74M	-29.6%
Jun 2015	$73.54M	+23.2%
Mar 2015	$59.69M	+99.2%
Dec 2014	$29.97M	-40.9%
Sep 2014	$50.74M	+48.8%
Jun 2014	$34.09M	-31.2%
Mar 2014	$49.58M	+25.5%
Dec 2013	$39.52M	+77.8%
Sep 2013	$22.22M	-36.8%
Jun 2013	$35.19M	-3.8%
Mar 2013	$36.58M	-24.6%
Dec 2012	$48.49M	+99.2%
Sep 2012	$24.34M	-42.1%
Jun 2012	$42.05M	-10.3%
Mar 2012	$46.89M	+117.5%
Dec 2011	$21.56M	-38.2%
Sep 2011	$34.87M	+4.7%
Jun 2011	$33.31M	-15.6%
Mar 2011	$39.48M	+29.2%
Dec 2010	$30.55M	-3.1%
Sep 2010	$31.52M	+88.4%
Jun 2010	$16.74M	-19.6%
Mar 2010	$20.80M	+31.0%
Dec 2009	$15.88M	+8.6%
Sep 2009	$14.62M	+4.9%
Jun 2009	$13.94M	+7.6%
Mar 2009	$12.95M	-

FAQ

What is the current quarterly free cash flow of FTNT?: As of today, FTNT quarterly free cash flow is $881.80M
What is FTNT quarterly free cash flow most recent change?: FTNT quarterly free cash flow was down -8.68% on September 30, 2026
What is 1-year change in FTNT quarterly free cash flow?: FTNT quarterly free cash flow is up +55.38% year-over-year
How far is FTNT quarterly free cash flow from its all-time high?: FTNT quarterly free cash flow is currently -12.39% below its historical high of $1.01B set on March 31, 2026
How does FTNT quarterly free cash flow rank versus sector peers?: FTNT quarterly free cash flow is higher than 94.77% of companies in Technology sector
When is FTNT next earnings release?: The next earnings release for FTNT is on February 4, 2027

Free Cash Flow Formula

FCF = CFO − CAPEX

TTM FCF

$3.43B$314.30M+10.08%

September 30, 2026

Summary

Current Value: As of today, FTNT TTM free cash flow is $3.43B, up +10.08% on September 30, 2026
Historical Performance: FTNT TTM free cash flow is up +69.16% year-over-year, up +66.26% over the past 3 years
All-Time High Comparison: FTNT TTM free cash flow is currently at its all-time high
3-Year Low Comparison: FTNT TTM free cash flow is +118.10% above its 3-year low of $1.57B reached on June 30, 2024
Sector Comparison: FTNT TTM free cash flow is higher than 94.91% of companies in Technology sector

Performance

FTNT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Free Cash Flow	Sep 30, 26	$3.43B	+10.1%	+69.2%	+66.3%	+174.0%
Annual Free Cash Flow	Dec 31, 25	$2.23B	–	+18.4%	+53.6%	+132.4%
Quarterly Free Cash Flow	Sep 30, 26	$881.80M	-8.7%	+55.4%	+83.3%	+167.4%
Price	Oct 29, 26	$139.10	-9.8%	+65.2%	+147.0%	+106.8%
TTM Cash From Operations	Sep 30, 26	$3.69B	+8.6%	+50.6%	+62.3%	+157.9%
TTM CAPEX	Sep 30, 26	$255.60M	-8.4%	-39.1%	+22.8%	+44.5%
TTM Dividends Paid	Sep 30, 26	-	–	–	–	–
TTM Net Income	Sep 30, 26	$2.28B	+7.6%	+21.8%	+98.3%	+311.5%
TTM Revenue	Sep 30, 26	$7.88B	+4.7%	+20.2%	+52.4%	+152.1%

TTM Free Cash Flow Highs

FTNT TTM Free Cash Flow Highs Comparison
Period	High	Date	Current
1Y	$3.43B	Sep 30, 26	at high
3Y	$3.43B	Sep 30, 26	at high
5Y	$3.43B	Sep 30, 26	at high
All	$3.43B	Sep 30, 26	at high

TTM Free Cash Flow Lows

FTNT TTM Free Cash Flow Lows Comparison
Period	Low	Date	Current
1Y	$2.03B	N/A	+69.2%
3Y	$1.57B	Jun 30, 24	+118.1%
5Y	$1.10B	Jun 30, 22	+211.3%
All	$12.95M	Mar 31, 09	>+9999.0%

TTM Free Cash Flow History

Month	Value	Change
Sep 2026	$3.43B	+10.1%
Jun 2026	$3.12B	+28.0%
Mar 2026	$2.44B	+9.4%
Dec 2025	$2.23B	+9.7%
Sep 2025	$2.03B	-0.2%
Jun 2025	$2.03B	-1.7%
Mar 2025	$2.07B	+10.0%
Dec 2024	$1.88B	+12.9%
Sep 2024	$1.66B	+5.8%
Jun 2024	$1.57B	-7.1%
Mar 2024	$1.69B	-2.2%
Dec 2023	$1.73B	-16.1%
Sep 2023	$2.06B	+4.3%
Jun 2023	$1.98B	+8.5%
Mar 2023	$1.82B	+25.8%
Dec 2022	$1.45B	+24.1%
Sep 2022	$1.17B	+5.9%
Jun 2022	$1.10B	-9.2%
Mar 2022	$1.21B	+0.8%
Dec 2021	$1.20B	-3.9%
Sep 2021	$1.25B	+13.0%
Jun 2021	$1.11B	+19.2%
Mar 2021	$929.80M	-2.9%
Dec 2020	$957.80M	+14.5%
Sep 2020	$836.80M	-2.1%
Jun 2020	$854.80M	+4.7%
Mar 2020	$816.50M	+14.1%
Dec 2019	$715.80M	-3.4%
Sep 2019	$741.20M	+6.5%
Jun 2019	$696.00M	+7.3%
Mar 2019	$648.90M	+10.8%
Dec 2018	$585.90M	+4.4%
Sep 2018	$561.17M	+3.3%
Jun 2018	$543.26M	+15.3%
Mar 2018	$470.97M	+2.6%
Dec 2017	$459.09M	+14.9%

Month	Value	Change
Sep 2017	$399.40M	+21.4%
Jun 2017	$329.03M	+1.5%
Mar 2017	$324.11M	+16.4%
Dec 2016	$278.53M	+9.4%
Sep 2016	$254.57M	+7.8%
Jun 2016	$236.09M	-7.8%
Mar 2016	$256.13M	+4.5%
Dec 2015	$245.19M	+14.1%
Sep 2015	$214.95M	+0.5%
Jun 2015	$213.94M	+22.6%
Mar 2015	$174.49M	+6.1%
Dec 2014	$164.39M	-5.5%
Sep 2014	$173.94M	+19.6%
Jun 2014	$145.42M	-0.7%
Mar 2014	$146.51M	+9.7%
Dec 2013	$133.51M	-6.3%
Sep 2013	$142.48M	-1.5%
Jun 2013	$144.60M	-4.5%
Mar 2013	$151.47M	-6.4%
Dec 2012	$161.78M	+20.0%
Sep 2012	$134.85M	-7.2%
Jun 2012	$145.37M	+6.4%
Mar 2012	$136.63M	+5.7%
Dec 2011	$129.22M	-6.5%
Sep 2011	$138.21M	+2.5%
Jun 2011	$134.86M	+14.0%
Mar 2011	$118.29M	+18.8%
Dec 2010	$99.61M	+17.3%
Sep 2010	$84.94M	+24.8%
Jun 2010	$68.04M	+4.3%
Mar 2010	$65.24M	+13.7%
Dec 2009	$57.38M	+38.3%
Sep 2009	$41.50M	+54.4%
Jun 2009	$26.88M	+107.6%
Mar 2009	$12.95M	-

FAQ

What is the current TTM free cash flow of FTNT?: As of today, FTNT TTM free cash flow is $3.43B
What is FTNT TTM free cash flow most recent change?: FTNT TTM free cash flow was up +10.08% on September 30, 2026
What is 1-year change in FTNT TTM free cash flow?: FTNT TTM free cash flow is up +69.16% year-over-year
How far is FTNT TTM free cash flow from its all-time high?: FTNT TTM free cash flow is currently at its all-time high
How does FTNT TTM free cash flow rank versus sector peers?: FTNT TTM free cash flow is higher than 94.91% of companies in Technology sector
When is FTNT next earnings release?: The next earnings release for FTNT is on February 4, 2027

Free Cash Flow Formula

FCF = CFO − CAPEX

Data Sources & References

FTNT Official Website www.fortinet.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203926000003/0001262039-26-000003-index.htm
FTNT Profile on Yahoo Finance finance.yahoo.com/quote/FTNT
FTNT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ftnt