What is Fortinet's security subscription — total revenue?

Fortinet (FTNT) reported security subscription — total revenue of $694.00M in Q1 2026.

How has Fortinet's security subscription — total revenue changed year-over-year?

Fortinet's security subscription — total revenue increased by 11.4% year-over-year, from $623.10M to $694.00M.

What is the long-term trend for Fortinet's security subscription — total revenue?

Over 4 years (2021 to 2025), Fortinet's security subscription — total revenue has grown at a 23.7% compound annual growth rate (CAGR), from $1.13B to $2.63B.

Products & Services · Total Revenue

Security Subscription — Total Revenue

Fortinet Security Subscription — Total Revenue increased by 0.0% to $694.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $623.10M to $694.00M. Over 4 years (FY 2021 to FY 2025), Security Subscription — Total Revenue shows an upward trend with a 23.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityStable

First reportedQ1 2017

Last reportedQ1 2026

Rolls up toTotal Revenue

How to read this metric

An increase indicates strong customer retention and successful upselling of security services, while a decrease may signal competitive pressure or a slowdown in the renewal of service contracts.

Detailed definition

This metric represents the total revenue generated from recurring security service subscriptions, including software-as-...

Peer comparison

Comparable to 'Subscription Revenue' or 'Recurring Service Revenue' reported by other cybersecurity and software-as-a-service (SaaS) vendors.

Metric ID: ftnt_segment_security_subscription_total_revenue

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$272.90M	$287.40M	$309.40M	$312.90M	$340.40M	$369.80M	$403.90M	$421.70M	$457.30M	$494.60M	$524.50M	$536.90M	$558.70M	$595.80M	$625.30M	$623.10M	$644.40M	$672.00M	$693.70M	$694.00M
QoQ Change	—	+5.3%	+7.7%	+1.1%	+8.8%	+8.6%	+9.2%	+4.4%	+8.4%	+8.2%	+6.0%	+2.4%	+4.1%	+6.6%	+5.0%	-0.4%	+3.4%	+4.3%	+3.2%	+0.0%
YoY Change	—	—	—	—	+24.7%	+28.7%	+30.5%	+34.8%	+34.3%	+33.7%	+29.9%	+27.3%	+22.2%	+20.5%	+19.2%	+16.1%	+15.3%	+12.8%	+10.9%	+11.4%

Range$272.90M – $694.00M

CAGR+21.7%

Avg YoY Growth+23.3%

Median YoY Growth+23.5%

Current Streak4 quarters growth

Similar Metrics at Other Companies

S&P GlobalSPGI View metric

CrowdStrike Holdings, Inc.CRWD View metric

SalesforceCRM View metric

Cisco Systems, Inc.CSCO View metric

SynopsysSNPS View metric

Frequently Asked Questions

What is Fortinet's security subscription — total revenue?: Fortinet (FTNT) reported security subscription — total revenue of $694.00M in Q1 2026.
How has Fortinet's security subscription — total revenue changed year-over-year?: Fortinet's security subscription — total revenue increased by 11.4% year-over-year, from $623.10M to $694.00M.
What is the long-term trend for Fortinet's security subscription — total revenue?: Over 4 years (2021 to 2025), Fortinet's security subscription — total revenue has grown at a 23.7% compound annual growth rate (CAGR), from $1.13B to $2.63B.
What does security subscription — total revenue mean?: The total revenue earned from recurring security service subscriptions and maintenance contracts.