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Fortinet FTNT Americas — Total Revenue

Other geography segments

EMEA
$784.8M+24.9%
APAC
$325M+15.5%
Other Americas
$213.3M+22.3%

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Other financials

Income statement

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Revenue$1.8B+20.1%
Gross profit$1.5B+19.1%
Operating income$580.0M+27.8%
Net income$534.5M+23.3%
EPS (diluted)$0.72+28.6%

Balance sheet

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Cash & equivalents$2.2B-38.2%
Total debt$567.2M-47.3%
Total equity$989.7M-49.6%
Total assets$9.9B-5.0%

Cash flow

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Operating cash flow$1.1B+24.8%
CapEx$70.6M+6.2%
Free cash flow$1.0B+26.3%

Valuation

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Market cap$106.44B+39.3%
Enterprise value$104.78B+41.8%
P/E54.5×+13.8×
P/S15×+2.5×

Profitability

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Gross margin80.3%-1.0pp
Operating margin31.1%-0.4pp
Net margin27.5%-3.1pp
FCF margin34.3%+0.6pp

Returns & leverage

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Return on equity132.4%—
Debt / equity0.6×0.0×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Fortinet’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortinet's americas — total revenue?
Fortinet (FTNT) reported americas — total revenue of $739.8M in Q1 2026.
How has Fortinet's americas — total revenue changed year-over-year?
Fortinet's americas — total revenue increased by 17.5% year-over-year, from $629.8M to $739.8M.
What is the long-term trend for Fortinet's americas — total revenue?
Over 4 years (2021 to 2025), Fortinet's americas — total revenue has grown at a 18.7% compound annual growth rate (CAGR), from $1.36B to $2.7B.
What does americas — total revenue mean?
This metric represents the total recognized revenue generated from all product sales, services, and subscription offerings within the Americas geographic region. It serves as a primary indicator of the company's market penetration, sales execution, and customer demand within this specific territory. Tracking this figure allows stakeholders to assess regional growth trends and the effectiveness of local go-to-market strategies.