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+15.7%	$6.8B+14.2%	$6.55B+14.8%	$6.34B+14.5%	$6.14B+13.8%
Total cost of revenue	$1.4B+22.2%	$1.33B+14.8%	$1.25B+8.2%	$1.19B-2.3%	$1.15B-7.1%
Gross profit	$5.71B+14.3%	$5.47B+14.0%	$5.3B+16.4%	$5.15B+19.1%	$5B+20.1%
Gross margin	80.3%-1.0pp	80.5%-0.1pp	80.9%+1.2pp	81.3%+3.2pp	81.3%+4.2pp
Research and development	$830.9M+11.9%	$815.5M+13.8%	$801.6M+18.2%	$786.5M+21.4%	$742.4M+16.8%
Selling and marketing	$2.44B+17.0%	$2.35B+14.8%	$2.24B+10.8%	$2.18B+8.1%	$2.09B+2.8%
General and administrative	$231.8M-3.9%	$233.4M-1.9%	$231.2M-2.8%	$241.5M+10.0%	$241.2M+13.3%
Total operating expenses	$3.5B+14.3%	$3.39B+13.1%	$3.27B+11.2%	$3.2B+11.1%	$3.06B+6.5%
Operating income	$2.21B+14.2%	$2.08B+15.6%	$2.03B+25.9%	$1.96B+35.2%	$1.94B+50.2%
Operating margin	31.1%-0.4pp	30.7%+0.4pp	31%+2.7pp	30.9%+4.7pp	31.5%+7.6pp
Interest expense	$19.4M-2.0%	$20.1M+0.5%	$20.6M+0.5%	$19.4M-7.2%	$19.8M-6.2%
Income before income taxes	$2.42B+8.4%	$2.28B+10.9%	$2.25B+21.2%	$2.28B+46.5%	$2.23B+60.8%
Income tax expense	$464.6M+36.3%	$439.1M+54.7%	$381M+30.3%	$341.5M+61.9%	$340.9M+110%
Net income	$1.95B+4.0%	$1.85B+6.2%	$1.87B+22.5%	$1.94B+47.7%	$1.88B+56.7%
Net margin	27.5%-3.1pp	27.3%-2.0pp	28.6%+1.8pp	30.6%+6.9pp	30.6%+8.4pp
Diluted earnings per share	$2.58+6.2%	$2.42+7.1%	$2.43+22.1%	$2.51+47.6%	$2.43+57.8%
EBITDA	$2.37B+14.6%	$2.24B+16.1%	$2.18B+25.9%	$2.1B+34.1%	$2.07B+47.2%
EBITDA margin	33.3%-0.3pp	32.9%+0.6pp	33.3%+2.9pp	33.1%+4.8pp	33.6%+7.6pp
EBIT	$2.21B+14.2%	$2.08B+15.6%	$2.03B+25.9%	$1.96B+35.2%	$1.94B+50.2%

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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.