10-K Filing

FORTINET, INC. CIK: 1262039 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001262039-23-000010`
Period End Date	20221231
Filing Date	20230224
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	ftnt-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 66 Cash Flow Statement 140 Stockholders Equity 27 Comprehensive Income 24

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$3.60M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$2.40M	USD	Point-in-time
Common Stock, par value (dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32B	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$502.60M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	810.00M	shares	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$1.19B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	781.50M	shares	Point-in-time
Marketable equity securities	`EquitySecuritiesFvNi`	$38.60M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	781.50M	shares	Point-in-time
Marketable equity securities	`EquitySecuritiesFvNi`	$25.50M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	810.00M	shares	Point-in-time
Accounts receivableNet of allowance for credit losses of $3.6 million and $2.4 million at December 31, 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$1.26B	USD	Point-in-time
Accounts receivableNet of allowance for credit losses of $3.6 million and $2.4 million at December 31, 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$807.70M	USD	Point-in-time
Inventory	`InventoryNet`	$175.80M	USD	Point-in-time
Inventory	`InventoryNet`	$264.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$73.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$65.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.81B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.60B	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$45.50M	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$440.80M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$898.50M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$687.60M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$518.20M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$423.30M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$569.40M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$342.30M	USD	Point-in-time
GOODWILL	`Goodwill`	$125.10M	USD	Point-in-time
GOODWILL	`Goodwill`	$128.00M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$63.60M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$56.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$202.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$235.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.23B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.92B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$243.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$148.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$266.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$197.30M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$219.40M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$195.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.35B	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.78B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.32B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.08B	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$2.29B	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$1.68B	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$67.80M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$79.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$988.40M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$990.40M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$59.20M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$82.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.12B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value1,500.0 shares authorized; 781.5 shares and 810.0 shares issued and outstanding at December 31, 2022 and 2021, respectively	`CommonStockValue`	$800.00K	USD	Point-in-time
Common stock, $0.001 par value1,500.0 shares authorized; 781.5 shares and 810.0 shares issued and outstanding at December 31, 2022 and 2021, respectively	`CommonStockValue`	$800.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.25B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.55B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-467.90M	USD	Point-in-time
Total Fortinet, Inc. stockholders equity (deficit)	`StockholdersEquity`	$781.70M	USD	Point-in-time
Total Fortinet, Inc. stockholders equity (deficit)	`StockholdersEquity`	$-281.60M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$16.70M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.40M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$856.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-281.60M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$5.92B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$6.23B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.34B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.42B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.59B	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$1.08B	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$783.00M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$570.00M	USD	Annual
Total gross profit	`GrossProfit`	$2.02B	USD	Annual
Total gross profit	`GrossProfit`	$2.56B	USD	Annual
Total gross profit	`GrossProfit`	$3.33B	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$424.20M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$512.40M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$341.40M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$1.69B	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$1.07B	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$1.35B	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$169.00M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$143.50M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$119.50M	USD	Annual
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$4.60M	USD	Annual
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$40.20M	USD	Annual
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$4.60M	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.36B	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.91B	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.49B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$969.60M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$650.40M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$531.80M	USD	Annual
INTEREST INCOME	`InvestmentIncomeNet`	$17.40M	USD	Annual
INTEREST INCOME	`InvestmentIncomeNet`	$4.50M	USD	Annual
INTEREST INCOME	`InvestmentIncomeNet`	$17.70M	USD	Annual
INTEREST EXPENSE	`InterestExpense`	-	USD	Annual
INTEREST EXPENSE	`InterestExpense`	$18.00M	USD	Annual
INTEREST EXPENSE	`InterestExpense`	$14.90M	USD	Annual
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-11.60M	USD	Annual
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-7.80M	USD	Annual
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-13.50M	USD	Annual
INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$541.70M	USD	Annual
INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$628.40M	USD	Annual
INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$955.50M	USD	Annual
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$14.10M	USD	Annual
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$30.80M	USD	Annual
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$53.20M	USD	Annual
LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-7.60M	USD	Annual
LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-68.10M	USD	Annual
LOSS FROM EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
NET INCOME INCLUDING NON-CONTROLLING INTERESTS	`ProfitLoss`	$488.50M	USD	Annual
NET INCOME INCLUDING NON-CONTROLLING INTERESTS	`ProfitLoss`	$856.60M	USD	Annual
NET INCOME INCLUDING NON-CONTROLLING INTERESTS	`ProfitLoss`	$606.70M	USD	Annual
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS, NET OF TAX	`NetIncomeLossAttributableToNoncontrollingInterest`	$-700.00K	USD	Annual
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS, NET OF TAX	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS, NET OF TAX	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	Annual
NET INCOME ATTRIBUTABLE TO FORTINET, INC.	`NetIncomeLoss`	$857.30M	USD	Annual
NET INCOME ATTRIBUTABLE TO FORTINET, INC.	`NetIncomeLoss`	$488.50M	USD	Annual
NET INCOME ATTRIBUTABLE TO FORTINET, INC.	`NetIncomeLoss`	$606.80M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	791.40M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	821.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	816.10M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	835.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	805.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	838.30M	shares	Annual

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net income including non-controlling interests	`ProfitLoss`	$488.50M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$856.60M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$606.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$191.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$217.30M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$207.90M	USD	Annual
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$175.90M	USD	Annual
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$137.40M	USD	Annual
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$223.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.80M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.40M	USD	Annual
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.40M	USD	Annual
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.30M	USD	Annual
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-6.90M	USD	Annual
Loss from equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$-7.60M	USD	Annual
Loss from equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$-68.10M	USD	Annual
Loss from equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-23.60M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-7.90M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-6.00M	USD	Annual
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$72.50M	USD	Annual
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$176.40M	USD	Annual
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$456.70M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$109.10M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$42.20M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$19.40M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.70M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.70M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.80M	USD	Annual
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$318.20M	USD	Annual
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$294.50M	USD	Annual
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$205.10M	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$94.00M	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$226.40M	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$10.50M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$35.30M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.00M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$105.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$37.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.10M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$55.20M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$45.80M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$49.90M	USD	Annual
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$43.10M	USD	Annual
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$44.00M	USD	Annual
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$25.00M	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-700.00K	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$9.70M	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$23.50M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.18B	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$839.40M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$495.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.73B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.50B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.08B	USD	Annual
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$389.10M	USD	Annual
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$2.31B	USD	Annual
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$1.08B	USD	Annual
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$85.50M	USD	Annual
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$152.20M	USD	Annual
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.00M	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.02B	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.47B	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.46B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$281.20M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$125.90M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$295.90M	USD	Annual
Investment in privately held company	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Investment in privately held company	`PaymentsToAcquireEquityMethodInvestments`	$160.00M	USD	Annual
Investment in privately held company	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Payments made in connection with business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.20M	USD	Annual
Payments made in connection with business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$74.90M	USD	Annual
Payments made in connection with business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.80M	USD	Annual
Purchases of marketable equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	Annual
Purchases of marketable equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	Annual
Purchases of marketable equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$42.50M	USD	Annual
Purchases of marketable equity securities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Purchases of marketable equity securities	`PaymentsForProceedsFromOtherInvestingActivities`	$-400.00K	USD	Annual
Purchases of marketable equity securities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.30M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.33B	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.80M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$763.90M	USD	Annual
Proceeds from long-term borrowings, net of discount and underwriting fees	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term borrowings, net of discount and underwriting fees	`ProceedsFromIssuanceOfLongTermDebt`	$989.40M	USD	Annual
Proceeds from long-term borrowings, net of discount and underwriting fees	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.40M	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	$19.50M	USD	Annual
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	-	USD	Annual
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	$4.10M	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$741.80M	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.08B	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.99B	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.00M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.10M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$22.10M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$160.40M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$108.20M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$167.90M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.80M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.30M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.13B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.17B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.80M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-100.00K	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-400.00K	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$363.80M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-160.70M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$257.30M	USD	Annual
CASH AND CASH EQUIVALENTSBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Cash paid for income taxesnet	`IncomeTaxesPaidNet`	$39.70M	USD	Annual
Cash paid for income taxesnet	`IncomeTaxesPaidNet`	$127.40M	USD	Annual
Cash paid for income taxesnet	`IncomeTaxesPaidNet`	$260.20M	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$39.60M	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$22.80M	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$65.80M	USD	Annual
Finance lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$100.00K	USD	Annual
Finance lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$700.00K	USD	Annual
Finance lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$20.90M	USD	Annual
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$15.90M	USD	Annual
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$17.10M	USD	Annual
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$30.80M	USD	Annual
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$21.20M	USD	Annual
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$21.90M	USD	Annual
Liability incurred in connection with business combination	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$900.00K	USD	Annual
Liability incurred in connection with business combination	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$800.00K	USD	Annual
Liability incurred in connection with business combination	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$400.00K	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.40M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$856.00M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-281.60M	USD	Point-in-time
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-86.10M	USD	Annual
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-141.70M	USD	Annual
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-134.70M	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$741.80M	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.08B	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.99B	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$191.70M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$217.30M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$207.90M	USD	Annual
Non-controlling interests	`MinorityInterestPeriodIncreaseDecrease`	$17.80M	USD	Annual
Non-controlling interests	`MinorityInterestPeriodIncreaseDecrease`	$-13.50M	USD	Annual
Net unrealized loss on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.70M	USD	Annual
Net unrealized loss on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-400.00K	USD	Annual
Net unrealized loss on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.80M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.70M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.80M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$488.50M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$856.60M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$606.70M	USD	Annual
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.40M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$856.00M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-281.60M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income including non-controlling interests	`ProfitLoss`	$488.50M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$856.60M	USD	Annual
Net income including non-controlling interests	`ProfitLoss`	$606.70M	USD	Annual
Change in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-3.80M	USD	Annual
Change in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	-	USD	Annual
Change in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-9.70M	USD	Annual
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-3.50M	USD	Annual
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-6.20M	USD	Annual
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-200.00K	USD	Annual
Less: tax provision (benefit) related to items of other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$-1.40M	USD	Annual
Less: tax provision (benefit) related to items of other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$-800.00K	USD	Annual
Less: tax provision (benefit) related to items of other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$200.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-400.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-14.50M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.50M	USD	Annual
Comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$488.10M	USD	Annual
Comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$842.10M	USD	Annual
Comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Annual
Less: comprehensive income (loss) attributable to non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.10M	USD	Annual
Less: comprehensive income (loss) attributable to non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Less: comprehensive income (loss) attributable to non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$200.00K	USD	Annual
Comprehensive income attributable to Fortinet, Inc.	`ComprehensiveIncomeNetOfTax`	$488.10M	USD	Annual
Comprehensive income attributable to Fortinet, Inc.	`ComprehensiveIncomeNetOfTax`	$601.30M	USD	Annual
Comprehensive income attributable to Fortinet, Inc.	`ComprehensiveIncomeNetOfTax`	$841.90M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.