What is Fortinet's total revenue?

Fortinet (FTNT) reported total revenue of $1.85B in Q1 2026.

How has Fortinet's total revenue changed year-over-year?

Fortinet's total revenue increased by 20.1% year-over-year, from $1.54B to $1.85B.

What is the long-term trend for Fortinet's total revenue?

Over 4 years (2021 to 2025), Fortinet's total revenue has grown at a 19.4% compound annual growth rate (CAGR), from $3.34B to $6.8B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Fortinet FTNT Total Revenue

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Segments

By geography

See full

EMEA$784.8M+24.9%

APAC$325M+15.5%

Other Americas$213.3M+22.3%

By product

See full

Security subscription$694M+11.4%

Technical support and other$510.5M+11.6%

By segment

See full

Reportable Segment$1.85B+20.1%

Other financials

Income statement

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Gross profit$1.5B+19.1%

Operating income$580.0M+27.8%

Net income$534.5M+23.3%

EPS (diluted)$0.72+28.6%

Balance sheet

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Cash & equivalents$2.2B-38.2%

Total debt$567.2M-47.3%

Total equity$989.7M-49.6%

Total assets$9.9B-5.0%

Cash flow

See full

Operating cash flow$1.1B+24.8%

CapEx$70.6M+6.2%

Free cash flow$1.0B+26.3%

Valuation

See full

Market cap$109.85B+43.7%

Enterprise value$108.19B+46.4%

P/E56.2×+15.5×

P/S15.5×+3.0×

Profitability

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Gross margin80.3%-1.0pp

Operating margin31.1%-0.4pp

Net margin27.5%-3.1pp

FCF margin34.3%+0.6pp

Returns & leverage

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Return on equity132.4%—

Debt / equity0.6×0.0×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Fortinet in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 total revenue?: Fortinet (FTNT) reported total revenue of $1.85B in Q1 2026.
How has Fortinet's total revenue changed year-over-year?: Fortinet's total revenue increased by 20.1% year-over-year, from $1.54B to $1.85B.
What is the long-term trend for Fortinet's total revenue?: Over 4 years (2021 to 2025), Fortinet's total revenue has grown at a 19.4% compound annual growth rate (CAGR), from $3.34B to $6.8B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.