# Fortinet, Inc. (FTNT) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Fortinet, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/FTNT/mda/fy2025/): filed 2026-02-25; accession 0001262039-26-000007 (https://www.sec.gov/Archives/edgar/data/1262039/000126203926000007/ftnt-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/FTNT/mda/fy2024/): filed 2025-02-21; accession 0001262039-25-000011 (https://www.sec.gov/Archives/edgar/data/1262039/000126203925000011/ftnt-20241231.htm)
- [FY 2023 MD&A](/company/FTNT/mda/fy2023/): filed 2024-02-26; accession 0001262039-24-000014 (https://www.sec.gov/Archives/edgar/data/1262039/000126203924000014/ftnt-20231231.htm)
- [FY 2022 MD&A](/company/FTNT/mda/fy2022/): filed 2023-02-24; accession 0001262039-23-000010 (https://www.sec.gov/Archives/edgar/data/1262039/000126203923000010/ftnt-20221231.htm)
- [FY 2021 MD&A](/company/FTNT/mda/fy2021/): filed 2022-02-25; accession 0001262039-22-000008 (https://www.sec.gov/Archives/edgar/data/1262039/000126203922000008/ftnt-20211231.htm)

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