Total Debt
$496.9M
Net Debt
-$3.57B
Fortinet, Inc. currently has $496.9M in total debt. Net debt is -$3.57B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
FTNT • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.50 | 4.07 | -3.57Net Cash | 10.86 | 4.6% |
| 2026-03-31 | 0.50 | 3.29 | -2.80Net Cash | 9.88 | 5.0% |
| 2025-12-31 | 1.00 | 3.58 | -2.59Net Cash | 10.39 | 9.6% |
| 2025-09-30 | 1.00 | 3.12 | -2.13Net Cash | 9.36 | 10.6% |
| 2025-06-30 | 1.00 | 4.56 | -3.57Net Cash | 10.64 | 9.4% |
| 2025-03-31 | 0.99 | 4.78 | -3.79Net Cash | 10.41 | 9.6% |
| 2024-12-31 | 0.99 | 4.07 | -3.07Net Cash | 9.76 | 10.2% |
| 2024-09-30 | 0.99 | 3.70 | -2.71Net Cash | 8.85 | 11.2% |
| 2024-06-30 | 0.99 | 3.34 | -2.35Net Cash | 8.05 | 12.3% |
| 2024-03-31 | 0.99 | 3.02 | -2.03Net Cash | 7.66 | 13.0% |
| 2023-12-31 | 0.99 | 2.44 | -1.45Net Cash | 7.26 | 13.7% |
| 2023-09-30 | 0.99 | 3.17 | -2.18Net Cash | 7.48 | 13.3% |
| 2023-06-30 | 0.99 | 3.31 | -2.32Net Cash | 7.49 | 13.2% |
| 2023-03-31 | 0.99 | 2.88 | -1.89Net Cash | 6.83 | 14.5% |
| 2022-12-31 | 0.99 | 2.21 | -1.22Net Cash | 6.23 | 15.9% |
| 2022-09-30 | 0.99 | 1.73 | -0.74Net Cash | 5.34 | 18.6% |
| 2022-06-30 | 0.99 | 1.75 | -0.77Net Cash | 5.29 | 18.7% |
| 2022-03-31 | 0.99 | 2.14 | -1.15Net Cash | 5.65 | 17.5% |
| 2021-12-31 | 0.99 | 2.55 | -1.56Net Cash | 5.92 | 16.7% |
| 2021-09-30 | 1.01 | 3.12 | -2.12Net Cash | 5.97 | 16.8% |
| 2021-06-30 | 0.99 | 3.11 | -2.13Net Cash | 5.56 | 17.8% |
| 2021-03-31 | 0.99 | 2.94 | -1.95Net Cash | 5.28 | 18.7% |
| 2020-12-31 | 0.00 | 1.84 | -1.84Net Cash | 4.04 | 0.0% |
| 2020-09-30 | 0.00 | 1.66 | -1.66Net Cash | 3.59 | 0.0% |
| 2020-06-30 | 0.00 | 1.53 | -1.53Net Cash | 3.33 | 0.0% |
| 2020-03-31 | 0.00 | 1.40 | -1.40Net Cash | 3.21 | 0.0% |
| 2019-12-31 | 0.00 | 2.07 | -2.07Net Cash | 3.88 | 0.0% |
| 2019-09-30 | 0.00 | 1.94 | -1.94Net Cash | 3.55 | 0.0% |
| 2019-06-30 | 0.00 | 1.83 | -1.83Net Cash | 3.37 | 0.0% |
| 2019-03-31 | 0.00 | 1.80 | -1.80Net Cash | 3.21 | 0.0% |
| 2018-12-31 | 0.00 | 1.65 | -1.65Net Cash | 3.08 | 0.0% |
| 2018-09-30 | 0.00 | 1.63 | -1.63Net Cash | 2.76 | 0.0% |
| 2018-06-30 | 0.00 | 1.43 | -1.43Net Cash | 2.58 | 0.0% |
| 2018-03-31 | 0.00 | 1.30 | -1.30Net Cash | 2.40 | 0.0% |
| 2017-12-31 | 0.00 | 1.25 | -1.25Net Cash | 2.26 | 0.0% |
| 2017-09-30 | 0.00 | 1.28 | -1.28Net Cash | 2.40 | 0.0% |
| 2017-06-30 | 0.00 | 1.21 | -1.21Net Cash | 2.36 | 0.0% |
| 2017-03-31 | 0.00 | 1.20 | -1.20Net Cash | 2.27 | 0.0% |
| 2016-12-31 | 0.00 | 1.09 | -1.09Net Cash | 2.14 | 0.0% |
| 2016-09-30 | 0.00 | 1.03 | -1.03Net Cash | 2.01 | 0.0% |
| 2016-06-30 | 0.00 | 0.98 | -0.98Net Cash | 1.96 | 0.0% |
| 2016-03-31 | 0.00 | 0.95 | -0.95Net Cash | 1.81 | 0.0% |
| 2015-12-31 | 0.00 | 0.89 | -0.89Net Cash | 1.79 | 0.0% |
| 2015-09-30 | 0.00 | 0.91 | -0.91Net Cash | 1.71 | 0.0% |
| 2015-06-30 | 0.00 | 0.87 | -0.87Net Cash | 1.60 | 0.0% |
| 2015-03-31 | 0.00 | 0.80 | -0.80Net Cash | 1.50 | 0.0% |
| 2014-12-31 | 0.00 | 0.72 | -0.72Net Cash | 1.42 | 0.0% |
| 2014-09-30 | 0.00 | 0.66 | -0.66Net Cash | 1.31 | 0.0% |
| 2014-06-30 | 0.00 | 0.56 | -0.56Net Cash | 1.27 | 0.0% |
| 2014-03-31 | 0.00 | 0.56 | -0.56Net Cash | 1.20 | 0.0% |
| 2013-12-31 | 0.00 | 0.49 | -0.49Net Cash | 1.17 | 0.0% |
| 2013-09-30 | 0.00 | 0.51 | -0.51Net Cash | 1.13 | 0.0% |
| 2013-06-30 | 0.00 | 0.50 | -0.50Net Cash | 1.09 | 0.0% |
| 2013-03-31 | 0.00 | 0.46 | -0.46Net Cash | 1.03 | 0.0% |
| 2012-12-31 | 0.00 | 0.41 | -0.41Net Cash | 0.98 | 0.0% |
| 2012-09-30 | 0.00 | 0.37 | -0.37Net Cash | 0.91 | 0.0% |
| 2012-06-30 | 0.00 | 0.40 | -0.40Net Cash | 0.85 | 0.0% |
| 2012-03-31 | 0.00 | 0.43 | -0.43Net Cash | 0.79 | 0.0% |
| 2011-12-31 | 0.00 | 0.39 | -0.39Net Cash | 0.73 | 0.0% |
| 2011-09-30 | 0.00 | 0.39 | -0.39Net Cash | 0.67 | 0.0% |
| 2011-06-30 | 0.00 | 0.34 | -0.34Net Cash | 0.64 | 0.0% |
| 2011-03-31 | 0.00 | 0.30 | -0.30Net Cash | 0.59 | 0.0% |
| 2010-12-31 | 0.00 | 0.31 | -0.31Net Cash | 0.55 | 0.0% |
| 2010-09-30 | 0.00 | 0.29 | -0.29Net Cash | 0.49 | 0.0% |
| 2010-06-30 | 0.00 | 0.25 | -0.25Net Cash | 0.45 | 0.0% |
| 2010-03-31 | 0.00 | 0.25 | -0.25Net Cash | 0.40 | 0.0% |
| 2009-12-31 | 0.00 | 0.26 | -0.26Net Cash | 0.39 | 0.0% |
| 2009-09-30 | 0.00 | 0.15 | -0.15Net Cash | 0.23 | 0.0% |
| 2009-06-30 | 0.00 | 0.14 | -0.14Net Cash | 0.21 | 0.0% |
| 2008-12-31 | 0.00 | 0.12 | -0.12Net Cash | 0.20 | 0.0% |