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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fortinet (FTNT) Gross Margin (2016 - 2026)

Fortinet's Gross Margin history spans 17 years, with the latest figure at 80.29% for Q1 2026.

  • Quarterly Gross Margin fell 67.0% to 80.29% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 80.3% through Mar 2026, down 3040.0% year-over-year, with the annual reading at 80.46% for FY2025, 11.0% down from the prior year.
  • Gross Margin came in at 80.29% for Q1 2026, up from 79.57% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 4326.69% in Q4 2024 to a low of 73.42% in Q1 2022.
  • The 5-year median for Gross Margin is 77.68% (2023), against an average of 328.1%.
  • Year-over-year, Gross Margin soared 424901bps in 2024 and then crashed -424712bps in 2025.
  • Fortinet's Gross Margin stood at 76.83% in 2022, then grew by 1bps to 77.68% in 2023, then soared by 5470bps to 4326.69% in 2024, then tumbled by -98bps to 79.57% in 2025, then rose by 1bps to 80.29% in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Gross Margin are 80.29% (Q1 2026), 79.57% (Q4 2025), and 80.77% (Q3 2025).