Fortinet

FTNT Cloud & Enterprise Software 1/10 Low Risk

1/10

— 1 → 1 over 6 weeks

Sector avg: 1.6/10

Fortinet has $996M in scheduled debt maturities. Near-term pressure is acute: $500M (50% of all maturities) comes due within 24 months. DebtCanary scores FTNT at 1/10, suggesting manageable refinancing risk.

Maturity Schedule

Period	Amount Due	% of Total
Year 1 (0-12 months)	$500M	50.2%
Year 2 (12-24 months)	N/A	N/A
Year 3 (24-36 months)	N/A	N/A
Year 4 (36-48 months)	N/A	N/A
Year 5 (48-60 months)	N/A	N/A
Beyond 5 Years	$497M	49.8%
Total Scheduled Maturities	$996M	100.0%

Key Metrics

Total Long-Term Debt

N/A

Near-Term (12mo)

$500M

Interest Coverage

N/A

Debt/Equity

N/A

Cash Coverage

N/A

Operating Income

$2.1B

Score Components

Component	Value	Weight
Near-Term Maturity Concentration	N/A	30%
Interest Coverage Ratio	N/A	25%
Debt-to-Equity Ratio	N/A	25%
Cash Coverage of Near-Term Debt	N/A	20%

Recent SEC Filings

Material disclosures from Fortinet's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date	Form	Details
2026-02-25	10-K	Annual report
2026-02-05	8-K	Earnings Results
2025-11-07	10-Q	Quarterly report
2025-11-05	8-K	Earnings Results
2025-08-22	8-K	Other Events
2025-08-08	10-Q	Quarterly report
2025-08-06	8-K	Earnings Results
2025-06-18	8-K	Shareholder Vote

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-02-25. Data last fetched: 2026-04-29. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Limited.
View SEC EDGAR filings for Fortinet →