Service — Total Revenue
Fortinet Service — Total Revenue decreased by 0.8% to $1.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $1.08B to $1.20B. Over 4 years (FY 2021 to FY 2025), Service — Total Revenue shows an upward trend with a 21.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates strong customer retention and successful upselling of subscription-based security offerings, while a decrease may signal churn or pricing pressure.
Detailed definition
This metric represents the total revenue generated from recurring service contracts, including maintenance, support, and...
Peer comparison
Comparable to 'Subscription and Support Revenue' or 'Recurring Revenue' at other software and cybersecurity firms.
ftnt_segment_service_total_revenueHistorical Data
| 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 | $502.80M | $530.10M | $584.70M | $583.80M | $629.40M | $680.80M | $742.90M | $761.60M | $820.20M | $868.70M | $927.00M | $944.40M | $982.40M | $1.03B | $1.09B | $1.08B | $1.12B | $1.17B | $1.21B | $1.20B |
| QoQ Change | — | +5.4% | +10.3% | -0.2% | +7.8% | +8.2% | +9.1% | +2.5% | +7.7% | +5.9% | +6.7% | +1.9% | +4.0% | +5.3% | +5.0% | -0.5% | +3.7% | +4.0% | +4.1% | -0.8% |
| YoY Change | — | — | — | — | +25.2% | +28.4% | +27.1% | +30.5% | +30.3% | +27.6% | +24.8% | +24.0% | +19.8% | +19.1% | +17.2% | +14.4% | +14.1% | +12.7% | +11.8% | +11.5% |
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Frequently Asked Questions
- What is Fortinet's service — total revenue?
- Fortinet (FTNT) reported service — total revenue of $1.20B in Q1 2026.
- How has Fortinet's service — total revenue changed year-over-year?
- Fortinet's service — total revenue increased by 11.5% year-over-year, from $1.08B to $1.20B.
- What is the long-term trend for Fortinet's service — total revenue?
- Over 4 years (2021 to 2025), Fortinet's service — total revenue has grown at a 21.7% compound annual growth rate (CAGR), from $2.09B to $4.58B.
- What does service — total revenue mean?
- Total revenue earned from ongoing service and subscription contracts.