Financial
Latest full-year results from official filings.
FY2025 revenue $6.80bn (+14.2%); operating margin 30.7%; net income $1.85bn.
Cash $3.92bn; debt $996.3m.
- Official results release · Fortinet · 31 Dec 2025
Fortinet: risk summary
Summaries are drawn from public sources and link to them. HSH does not give a risk rating: read the summary and sources and reach your own view. Unproven allegations are labelled as such. Suppliers can submit a response, which is shown alongside.
Adverse media
Credible news about incidents, disputes, legal action or restructuring in the last 24 months.
Sep 2025: a securities class action was filed in the US (N.D. Cal.) alleging Fortinet misled investors about its FortiGate firewall refresh cycle; a consolidated amended complaint followed in Apr 2026. The claims are unproven and the case appears ongoing.
- Oklahoma Firefighters Pension & Retirement System v. Fortinet, Inc. et al · Bernstein Litowitz Berger & Grossmann · 24 Apr 2026
Cyber & information governance
Data breaches, cyber incidents, regulator action and assurance status.
Oct 2026: CISA listed an actively exploited critical FortiMail flaw (CVSS 9.8); Fortinet issued fixes. Jul 2026: a reported credential-harvesting campaign ('FortiBleed') hit Fortinet VPNs, reportedly incl. UK government and NHS logins; Fortinet said it was not a new breach. NHS DSPT status not yet checked.
- Critical FortiMail zero-day flaw · The Hacker News · 2 Oct 2026
- The FortiBleed campaign just took a turn for the worse · ITPro · 7 Jul 2026
Regulatory & clinical safety
Recalls, safety notices, regulator action and clinical safety concerns.
Cyber security supplier; no regulatory or clinical safety actions found in the last 24 months.
Contract performance
Contract delivery, go-lives, terminations and disputes.
No notable contract disputes, terminations or troubled implementations involving Fortinet found in HSH's search of the last 24 months.