Fortinet FTNT Gross margin
Gross margin at other companies
Other financials
Where this comes from
Calculated from Fortinet’s reported figures.
Based on trailing twelve months.
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 gross margin?
- Fortinet (FTNT) reported gross margin of 80.3% in Q1 2026.
- How has Fortinet's gross margin changed year-over-year?
- Fortinet's gross margin decreased by 1.3% year-over-year, from 81.3% to 80.3%.
- What is the long-term trend for Fortinet's gross margin?
- Over 4 years (2021 to 2025), Fortinet's gross margin has grown at a 1.2% compound annual growth rate (CAGR), from 309.2% to 324%.
- What does gross margin mean?
- How much of every sales dollar is left after the direct cost of what was sold.
- How do you interpret gross margin?
- Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
- How does gross margin compare across companies?
- Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.