# FORTINET, INC. (FTNT) FY2025 Q1 Balance Sheet

- Company: FORTINET, INC. (FTNT)
- Period: As of 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-08, accession number 0001262039-25-000017
- Page: https://plicit.ai/financials/ftnt/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/ftnt-fy2025-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 10,407,000,000 US dollars
- **Current assets**: 6,442,600,000 US dollars
- **Non-current assets**: 3,964,400,000 US dollars
- **Liabilities**: 8,444,100,000 US dollars
- **Current liabilities**: 4,727,800,000 US dollars
- **Non-current liabilities**: 3,716,300,000 US dollars
- **Equity**: 1,962,900,000 US dollars
- **Cash and cash equivalents**: 3,596,600,000 US dollars
- **Short-term investments**: 1,183,900,000 US dollars
- **Accounts receivable—net**: 1,174,000,000 US dollars
- **Inventory**: 362,700,000 US dollars
- **Prepaid expenses and other current assets**: 125,400,000 US dollars
- **DEFERRED TAX ASSETS**: 1,411,600,000 US dollars
- **PROPERTY AND EQUIPMENT—NET**: 1,403,800,000 US dollars
- **DEFERRED CONTRACT COSTS**: 636,200,000 US dollars
- **GOODWILL**: 236,200,000 US dollars
- **OTHER INTANGIBLE ASSETS—NET**: 121,200,000 US dollars
- **OTHER ASSETS**: 120,200,000 US dollars
- **LONG-TERM INVESTMENTS**: 35,200,000 US dollars
- **Deferred revenue**: 3,339,400,000 US dollars
- **Current portion of long-term debt**: 498,700,000 US dollars
- **Accrued liabilities**: 415,000,000 US dollars
- **Accrued payroll and compensation**: 250,200,000 US dollars
- **Accounts payable**: 224,500,000 US dollars
- **DEFERRED REVENUE**: 3,079,000,000 US dollars
- **LONG-TERM DEBT**: 496,200,000 US dollars
- **OTHER LIABILITIES**: 141,100,000 US dollars
- **Additional paid-in capital**: 1,668,700,000 US dollars
- **Retained earnings (accumulated deficit)**: 316,300,000 US dollars
- **Common stock, $0.001 par value—1,500.0 shares authorized; 769.2 and 767.0 shares issued and outstanding on March 31, 2025 and December 31, 2024, respectively**: 800,000 US dollars
- **Accumulated other comprehensive loss**: negative 22,900,000 US dollars
- **Gross equity (calculated)**: 1,985,800,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.