KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueEBIATGross ProfitLeasesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetShares IssuedShares OutstandingShares OutstandingShares Repurchased
Ratios

Fortinet (FTNT) Cost of Revenue (2016 - 2025)

Fortinet has reported Cost of Revenue over the past 16 years, most recently at -$389.3 million for Q4 2025.

  • Quarterly results put Cost of Revenue at -$389.3 million for Q4 2025, down 7.93% from a year ago — trailing twelve months through Dec 2025 was $1.1 billion (up 46.86% YoY), and the annual figure for FY2025 was $1.3 billion, up 14.8%.
  • Cost of Revenue for Q4 2025 was -$389.3 million at Fortinet, down from $583.5 million in the prior quarter.
  • Over the last five years, Cost of Revenue for FTNT hit a ceiling of $592.0 million in Q2 2025 and a floor of -$389.3 million in Q4 2025.
  • Median Cost of Revenue over the past 5 years was $322.3 million (2021), compared with a mean of $302.6 million.
  • Biggest five-year swings in Cost of Revenue: surged 274.68% in 2021 and later crashed 171.09% in 2024.
  • Fortinet's Cost of Revenue stood at $367.7 million in 2021, then fell by 19.15% to $297.3 million in 2022, then surged by 70.67% to $507.4 million in 2023, then tumbled by 171.09% to -$360.7 million in 2024, then dropped by 7.93% to -$389.3 million in 2025.
  • The last three reported values for Cost of Revenue were -$389.3 million (Q4 2025), $583.5 million (Q3 2025), and $592.0 million (Q2 2025) per Business Quant data.