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Fortinet (FTNT) Cost of Revenue: 2009-2025

Historic Cost of Revenue for Fortinet (FTNT) over the last 16 years, with Sep 2025 value amounting to $583.5 million.

  • Fortinet's Cost of Revenue rose 13.10% to $583.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.2 billion, marking a year-over-year increase of 10.81%. This contributed to the annual value of $2.0 billion for FY2024, which is 1.93% up from last year.
  • As of Q3 2025, Fortinet's Cost of Revenue stood at $583.5 million, which was down 1.44% from $592.0 million recorded in Q2 2025.
  • Fortinet's Cost of Revenue's 5-year high stood at $592.0 million during Q2 2025, with a 5-year trough of $304.0 million in Q1 2021.
  • Moreover, its 3-year median value for Cost of Revenue was $515.9 million (2024), whereas its average is $524.5 million.
  • As far as peak fluctuations go, Fortinet's Cost of Revenue skyrocketed by 30.15% in 2021, and later decreased by 2.83% in 2024.
  • Quarterly analysis of 5 years shows Fortinet's Cost of Revenue stood at $367.7 million in 2021, then grew by 23.99% to $455.9 million in 2022, then climbed by 11.30% to $507.4 million in 2023, then climbed by 3.76% to $526.5 million in 2024, then grew by 13.10% to $583.5 million in 2025.
  • Its Cost of Revenue stands at $583.5 million for Q3 2025, versus $592.0 million for Q2 2025 and $542.7 million for Q1 2025.