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FTNT

Fortinet, Inc.

Stock

$180.95+2.23 (+1.25%)Close Oct 2, 2026

Research and development, 2025
$816M
YoY, 2025
+13.8%
5-year CAGR
+19.0%
10-year CAGR
+17.8%

Research and development

Research and development by fiscal year

PeriodR&DYoY
2025$816M+13.8%
2024$717M+16.8%
2023$614M+19.8%
2022$512M+20.8%
2021$424M+24.3%
2020$341M+23.2%
2019$277M+13.3%
2018$245M+16.1%
2017$211M+15.0%
2016$183M+15.8%
2015$158M+28.7%
2014$123M+19.7%
2013$103M+26.6%
2012$81M+27.5%
2011$64M+27.7%
2010$50M+18.0%
2009$42M—