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Fortinet (FTNT) Gross Margin: 2009-2025

Historic Gross Margin for Fortinet (FTNT) over the last 17 years, with Sep 2025 value amounting to 80.77%.

  • Fortinet's Gross Margin fell 176.00% to 80.77% in Q3 2025 from the same period last year, while for Sep 2025 it was 80.87%, marking a year-over-year increase of 116.00%. This contributed to the annual value of 80.56% for FY2024, which is 389.00% up from last year.
  • Per Fortinet's latest filing, its Gross Margin stood at 80.77% for Q3 2025, which was up 0.11% from 80.68% recorded in Q2 2025.
  • Fortinet's Gross Margin's 5-year high stood at 82.53% during Q3 2024, with a 5-year trough of 73.42% in Q1 2022.
  • Its 3-year average for Gross Margin is 79.17%, with a median of 80.68% in 2025.
  • Its Gross Margin has fluctuated over the past 5 years, first tumbled by 453bps in 2022, then soared by 634bps in 2024.
  • Over the past 5 years, Fortinet's Gross Margin (Quarterly) stood at 76.31% in 2021, then spiked by 52bps to 76.83% in 2022, then surged by 85bps to 77.68% in 2023, then skyrocketed by 338bps to 81.06% in 2024, then slumped by 176bps to 80.77% in 2025.
  • Its Gross Margin stands at 80.77% for Q3 2025, versus 80.68% for Q2 2025 and 80.96% for Q1 2025.