Fortinet (FTNT) Cost of Revenue (2010 - 2026)

Fortinet's Cost of Revenue history runs 17 years deep, the most recent figure standing at $364.5 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 24.36% year-over-year to $364.5 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 22.19% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 14.8% from the prior year.
• Cost of Revenue declined to $364.5 million in Q1 2026 per FTNT's latest filing, from $389.2 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $389.2 million in Q4 2025 and bottomed at $250.8 million in Q2 2022.
• The 5-year median for Cost of Revenue is $304.7 million (2024), against an average of $304.3 million.
• Across the five-year window, Cost of Revenue jumped 62.07% in 2022 and slipped 17.09% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $297.3 million in 2022, then advanced by 6.26% to $315.9 million in 2023, then declined by 0.44% to $314.5 million in 2024, then rose by 23.75% to $389.2 million in 2025, then slipped by 6.35% to $364.5 million in 2026.
• Per Business Quant, the three latest FTNT Cost of Revenue figures stand at $364.5 million (Q1 2026), $389.2 million (Q4 2025), and $331.7 million (Q3 2025).