R&D expense · 2011–2025
Fortinet R&D expense
$816M+13.8% · FY2025
Fortinet (FTNT) reported $816M in R&D expense for fiscal 2025, +13.8% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $816M | +13.8% | Open → |
| FY20242024-12-31 | $717M | +16.8% | Open → |
| FY20232023-12-31 | $614M | +19.8% | Open → |
| FY20222022-12-31 | $512M | +20.8% | Open → |
| FY20212021-12-31 | $424M | +24.3% | Open → |
| FY20202020-12-31 | $341M | +23.2% | Open → |
| FY20192019-12-31 | $277M | +13.3% | Open → |
| FY20182018-12-31 | $245M | +16.1% | Open → |
| FY20172017-12-31 | $211M | +15.0% | Open → |
| FY20162016-12-31 | $183M | +15.8% | Open → |
| FY20152015-12-31 | $158M | +28.7% | Open → |
| FY20142014-12-31 | $123M | +19.7% | Open → |
| FY20132013-12-31 | $103M | +26.6% | Open → |
| FY20122012-12-31 | $81.1M | +27.5% | Open → |
| FY20112011-12-31 | $63.6M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +20.0%
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Fortinet R&D expense |url=https://companiesranked.com/en/company/fortinet/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Fortinet R&D expense. CompaniesRanked. https://companiesranked.com/en/company/fortinet/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-fortinet-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Fortinet R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/fortinet/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001262039-26-000007 · February 25, 2026
{{cite web |title=Fortinet R&D expense — 10-K (0001262039-26-000007) |url=https://www.sec.gov/Archives/edgar/data/1262039/000126203926000007/ftnt-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-25}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.