Fortinet (FTNT) Gross Profit (2010 - 2026)
Fortinet (FTNT) recorded quarterly Gross Profit of $1.5 billion in Q1 2026, down 2.03% quarter-over-quarter from $1.5 billion in Q4 2025, and up 19.13% on a YoY basis from $1.2 billion in Q1 2025.
Fortinet (FTNT) Gross Profit (2010 - 2026) Analysis & Trends
Fortinet's Gross Profit history runs 17 years deep, the most recent figure standing at $1.5 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 19.13% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $5.7 billion (up 14.27% YoY), while the FY2025 annual figure was $5.5 billion, up 14.02% from the prior year.
- Gross Profit was $1.5 billion for Q1 2026 at Fortinet, down from $1.5 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.5 billion in Q4 2025 to a low of $701.0 million in Q1 2022.
- Historically, Gross Profit has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Profit jumped 36.16% in 2023, then grew 9.86% in 2024.
- A 5-year view of Gross Profit shows it stood at $985.7 million in 2022, then advanced by 11.51% to $1.1 billion in 2023, then increased by 22.42% to $1.3 billion in 2024, then advanced by 12.65% to $1.5 billion in 2025, then slipped by 2.03% to $1.5 billion in 2026.
- The last three Gross Profit figures came in at $1.5 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.49 Bn |
| Mar 31, 2026 | 1.49 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.24 Bn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.10 Bn |
| Dec 31, 2023 | 1.10 Bn |