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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$6.8B+14.2%	$5.96B+12.3%	$5.3B+20.1%	$4.42B+32.2%
Total cost of revenue	$1.33B+14.8%	$1.16B-6.4%	$1.24B+14.0%	$1.08B+38.6%
Gross profit	$5.47B+14.0%	$4.8B+18.0%	$4.07B+22.1%	$3.33B+30.2%
Gross margin	80.5%-0.1pp	80.6%+3.9pp	76.7%+1.2pp	75.4%-1.1pp
Research and development	$815.5M+13.8%	$716.8M+16.8%	$613.8M+19.8%	$512.4M+20.8%
Selling and marketing	$2.35B+14.8%	$2.04B+1.9%	$2.01B+19.0%	$1.69B+25.3%
General and administrative	$233.4M-1.9%	$237.8M+12.5%	$211.3M+25.0%	$169M+17.8%
Total operating expenses	$3.39B+13.1%	$2.99B+6.0%	$2.83B+19.6%	$2.36B+23.8%
Operating income	$2.08B+15.6%	$1.8B+45.3%	$1.24B+28.0%	$969.6M+49.1%
Operating margin	30.7%+0.4pp	30.3%+6.9pp	23.4%+1.4pp	21.9%+2.5pp
Interest expense	$20.1M+0.5%	$20M-4.8%	$21M+16.7%	$18M+20.8%
Income before income taxes	$2.28B+10.9%	$2.06B+54.3%	$1.33B+39.6%	$955.5M+52.1%
Income tax expense	$439.1M+54.7%	$283.9M+97.4%	$143.8M+367%	$30.8M+118%
Net income	$1.85B+6.2%	$1.75B+52.0%	$1.15B+33.9%	$857.3M+41.3%
Net margin	27.3%-2.0pp	29.3%+7.7pp	21.6%+2.2pp	19.4%+1.3pp
Diluted earnings per share	$2.42+7.1%	$2.26+54.8%	$1.46+37.7%	$1.06-13.8%
EBITDA	$2.24B+16.1%	$1.93B+42.2%	$1.35B+26.1%	$1.07B+46.1%
EBITDA margin	32.9%+0.6pp	32.3%+6.8pp	25.5%+1.2pp	24.3%+2.3pp
EBIT	$2.08B+15.6%	$1.8B+45.3%	$1.24B+28.0%	$969.6M+49.1%

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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.