What is Fortinet's revenue?

Fortinet (FTNT) generated $7.1B in revenue over the trailing twelve months, up 15.8% year over year.

Is Fortinet profitable?

Fortinet reported $2.0B in net income over the trailing twelve months, a 27.5% net margin.

What are Fortinet's profit margins?

Gross margin is 80.3% and operating margin is 31.1%, with a 27.5% net margin.

What is Fortinet's earnings per share?

Fortinet's diluted EPS over the trailing twelve months is $2.58.

Where does Fortinet's income statement data come from?

Every line is extracted from Fortinet's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Fortinet FTNT Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$1.85B-2.9%	$1.91B+10.4%	$1.72B+5.8%	$1.63B+5.9%	$1.54B-7.3%
Total cost of revenue	$364.5M-6.3%	$389.2M+17.3%	$331.7M+5.3%	$314.9M+7.4%	$293.1M-6.8%
Gross profit	$1.49B-2.0%	$1.52B+8.8%	$1.39B+5.9%	$1.32B+5.5%	$1.25B-7.4%
Gross margin	80.3%+0.7pp	79.6%-1.2pp	80.8%+0.1pp	80.7%-0.3pp	81%-0.1pp
Research and development	$214M+4.4%	$205M+1.3%	$202.4M-3.4%	$209.5M+5.5%	$198.6M+3.9%
Selling and marketing	$636.3M+1.1%	$629.3M+7.8%	$583.5M-1.4%	$592M+9.1%	$542.7M+3.1%
General and administrative	$56.2M-1.9%	$57.3M-6.7%	$61.4M+7.9%	$56.9M-1.6%	$57.8M+4.9%
Total operating expenses	$905.1M+1.7%	$890.2M+5.2%	$845.9M-1.3%	$857.1M+8.1%	$792.8M+2.8%
Operating income	$580M-7.3%	$625.6M+14.3%	$547.3M+19.5%	$458M+0.9%	$453.8M-21.0%
Operating margin	31.4%-1.5pp	32.8%+1.1pp	31.7%+3.6pp	28.1%-1.4pp	29.5%-5.1pp
Interest expense	$4.2M-4.5%	$4.4M-29.0%	$6.2M+34.8%	$4.6M-6.1%	$4.9M0.0%
Income before income taxes	$656.6M+0.9%	$650.8M+9.4%	$594.8M+15.0%	$517.3M-0.4%	$519.3M-16.0%
Income tax expense	$122M-15.7%	$144.8M+20.0%	$120.7M+56.5%	$77.1M-20.1%	$96.5M+11.3%
Net income	$534.5M+5.6%	$506M+6.8%	$473.9M+7.7%	$440.1M+1.5%	$433.4M-17.6%
Net margin	28.9%+2.3pp	26.6%-0.9pp	27.5%+0.5pp	27%-1.1pp	28.1%-3.5pp
Diluted earnings per share	$0.72+7.5%	$0.67+8.1%	$0.62+8.8%	$0.57+1.8%	$0.56-17.6%
EBITDA	$619.8M-6.8%	$665.1M+13.6%	$585.7M+18.0%	$496.3M+1.4%	$489.6M-19.6%
EBITDA margin	33.5%-1.4pp	34.9%+1.0pp	34%+3.5pp	30.4%-1.4pp	31.8%-4.9pp
EBIT	$580M-7.3%	$625.6M+14.3%	$547.3M+19.5%	$458M+0.9%	$453.8M-21.0%

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Questions, answered.

What is Fortinet's revenue?: Fortinet (FTNT) generated $7.1B in revenue over the trailing twelve months, up 15.8% year over year.
Is Fortinet profitable?: Fortinet reported $2.0B in net income over the trailing twelve months, a 27.5% net margin.
What are Fortinet's profit margins?: Gross margin is 80.3% and operating margin is 31.1%, with a 27.5% net margin.
What is Fortinet's earnings per share?: Fortinet's diluted EPS over the trailing twelve months is $2.58.
Where does Fortinet's income statement data come from?: Every line is extracted from Fortinet's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.