As of Q4'25, FTNT reported Operating Cash Flow of USD 620.2M and Free Cash Flow of USD 577.4M. Both metrics showed strong performance in the latest quarter, with Free Cash Flow maintaining a high level close to Operating Cash Flow, indicating efficient cash management. From Q1'23 to Q4'25, the chart reveals a generally upward trend in both Operating and Free Cash Flow, despite some quarter-to-quarter volatility. Notable dips occurred in Q4'23 and Q2'24, but both cash flow measures rebounded strongly in subsequent quarters, reaching peaks in Q1'25. The consistent recovery after each decline suggests resilience and improving underlying cash generation over the observed period.