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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$7.11B+4.6%	$6.8B+3.7%	$6.55B+3.4%	$6.34B+3.2%	$6.14B+3.1%
Total cost of revenue	$1.4B+5.4%	$1.33B+6.0%	$1.25B+5.8%	$1.19B+3.5%	$1.15B-1.0%
Gross profit	$5.71B+4.4%	$5.47B+3.2%	$5.3B+2.9%	$5.15B+3.1%	$5B+4.1%
Gross margin	80.3%-0.2pp	80.5%-0.4pp	80.9%-0.4pp	81.3%-0.1pp	81.3%+0.8pp
Research and development	$830.9M+1.9%	$815.5M+1.7%	$801.6M+1.9%	$786.5M+5.9%	$742.4M+3.6%
Selling and marketing	$2.44B+4.0%	$2.35B+4.6%	$2.24B+3.1%	$2.18B+4.3%	$2.09B+2.0%
General and administrative	$231.8M-0.7%	$233.4M+1.0%	$231.2M-4.3%	$241.5M+0.1%	$241.2M+1.4%
Other operating expenses	$3.5B+3.3%	$3.39B+3.6%	$3.27B+2.3%	$3.2B+4.4%	$3.06B+2.2%
Total operating expenses	$3.5B+3.3%	$3.39B+3.6%	$3.27B+2.3%	$3.2B+4.4%	$3.06B+2.2%
Operating income	$2.21B+6.1%	$2.08B+2.5%	$2.03B+3.9%	$1.96B+1.1%	$1.94B+7.4%
Operating margin	31.1%+0.4pp	30.7%-0.4pp	31%+0.1pp	30.9%-0.6pp	31.5%+1.2pp
Interest expense	$19.4M-3.5%	$20.1M-2.4%	$20.6M+6.2%	$19.4M-2.0%	$19.8M-1.0%
Income from equity method investments	-$400K-104%	$10.3M+115%	$4.8M+1,700%	-$300K+97.5%	-$12.2M+58.5%
Income before income taxes	$2.42B+6.0%	$2.28B+1.4%	$2.25B-1.4%	$2.28B+2.2%	$2.23B+8.4%
Income tax expense	$464.6M+5.8%	$439.1M+15.2%	$381M+11.6%	$341.5M+0.2%	$340.9M+20.1%
Net income	$1.95B+5.5%	$1.85B-1.1%	$1.87B-3.4%	$1.94B+3.2%	$1.88B+7.7%
Net margin	27.5%+0.2pp	27.3%-1.3pp	28.6%-2.0pp	30.6%0.0pp	30.6%+1.3pp
Diluted earnings per share	$2.58+6.6%	$2.42-0.4%	$2.43-3.2%	$2.51+3.3%	$2.43+7.5%
Basic earnings per share	$2.60+6.6%	$2.440.0%	$2.44-3.2%	$2.52+2.9%	$2.45+7.5%
Weighted-average shares, diluted	3B-1.1%	3.1B-0.2%	3.1B-0.3%	3.1B+0.1%	3.1B+0.2%
Weighted-average shares, basic	3B-1.0%	3B-0.2%	3.1B-0.3%	3.1B+0.1%	3.1B+0.2%
Gain (Loss) From Mutual Covenant-Not-To-Sue Agreement, Right To Use Existing Intellectual Property	$5.5M-47.1%	$10.4M+2.0%	$10.2M+3.0%	$9.9M+1.0%	$9.8M+113%
Net interest and investment income (loss)	$150.9M-7.0%	$162.3M-5.8%	$172.3M-1.0%	$174M+4.0%	$167.3M+7.8%
Other income, net (Note 6)	$79.8M+37.6%	$58M-10.6%	$64.9M-61.8%	$170M+14.2%	$148.9M+24.2%
Revenue From Contract With Customer Excluding Assessed Tax	$7.11B+4.6%	$6.8B+3.7%	$6.55B+3.4%	$6.34B+3.2%	$6.14B+3.1%
EBITDA	$2.37B+5.8%	$2.24B+2.6%	$2.18B+4.1%	$2.1B+1.4%	$2.07B+7.3%
EBITDA margin	33.3%+0.4pp	32.9%-0.4pp	33.3%+0.2pp	33.1%-0.6pp	33.6%+1.3pp
EBIT	$2.21B+6.1%	$2.08B+2.5%	$2.03B+3.9%	$1.96B+1.1%	$1.94B+7.4%

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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.