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Fortinet FTNT APAC — Total Revenue

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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 APAC — total revenue?
Fortinet (FTNT) reported APAC — total revenue of $325M in Q1 2026.
How has Fortinet's APAC — total revenue changed year-over-year?
Fortinet's APAC — total revenue increased by 15.5% year-over-year, from $281.5M to $325M.
What does APAC — total revenue mean?
This metric represents the total revenue generated from all products and services sold within the Asia-Pacific (APAC) geographic region. It reflects the company's market penetration, demand for cybersecurity solutions, and overall business performance in this specific territory. Monitoring this figure helps investors assess the company's regional growth trajectory and its ability to compete against local and global incumbents in the APAC market.