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Fortinet FTNT APAC — Total Revenue

Other geography segments

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$784.8M+24.9%
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$213.3M+22.3%

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Other financials

Income statement

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Revenue$2.0B+25.6%
Gross profit$1.6B+24.9%
Operating income$689.3M+50.5%
Net income$606.3M+37.8%
EPS (diluted)$0.82+43.9%

Balance sheet

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Cash & equivalents$2.9B-12.9%
Total debt$496.9M-54.4%
Total equity$1.6B-24.7%
Total assets$10.9B+2.0%

Cash flow

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Operating cash flow$1.0B+131%
CapEx$78.0M-53.5%
Free cash flow$965.6M+240%

Valuation

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Market cap$117.47B+58.9%
Enterprise value$115.04B+60.6%
P/E55.4×+17.3×
P/S15.6×+3.9×

Profitability

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Gross margin80.2%-1.1pp
Operating margin32.4%+1.6pp
Net margin28.2%-2.4pp
FCF margin41.4%+9.3pp

Returns & leverage

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Return on equity117.4%-47.7pp
Debt / equity0.3×-0.2×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Fortinet’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001262039-26-000013
RevenueThree Months Ended / March 31,2026Three Months Ended / March 31,2025
Americas:
United States$526.5$455.4
Other Americas213.3174.4
Total Americas739.8629.8
Europe, Middle East and Africa (“EMEA”)784.8628.4
Asia Pacific (“APAC”)325.0281.5
Total revenue$1,849.6$1,539.7

Item 1. Financial Statements (unaudited)

FAQ

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.

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