Fortinet (FTNT) Gross Profit (2010 - 2026)
Fortinet (FTNT) reported Gross Profit of $1.64 billion for Q2 2026, up 24.9% from $1.32 billion a year earlier and up 10.6% from the prior quarter.
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Analysis
Fortinet (FTNT) Gross Profit (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortinet's Gross Profit came in at $6.04 billion, up 17.2% year-over-year; for FY2025, it came in at $5.47 billion, up 14.0% from FY2024.
- Gross Profit has increased for 16 consecutive years, with a five-year compound annual growth rate of 22.0% (FY2020 to FY2025).
- By year, Gross Profit came in at $4.8 billion in FY2024 (+18.0%), $4.07 billion in FY2023 (+22.1%), $3.33 billion in FY2022 (+30.2%) and $2.56 billion in FY2021 (+26.4%).
- The Q2 2026 figure ranks as the highest quarterly Gross Profit in data going back to Q2 2010.
- Year over year, Gross Profit has now increased in each of the last 61 quarters, with growth averaging 18.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Gross Profit ranged from 9.9% (Q1 2024) to 36.2% (Q1 2023).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.49 billion (Q1 2026), $1.52 billion (Q4 2025) and $1.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.64 Bn | 241.72 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.35 Bn | 212.75 Bn | 1.10 Bn |
| 3 | Fortinet | 123.26 Bn | 109.19 Bn | 1.64 Bn |
| 4 | Snowflake | 108.15 Bn | 95.47 Bn | 1.04 Bn |
| 5 | Datadog | 88.38 Bn | 70.02 Bn | 881.34 Mn |
| 6 | Zscaler | 32.92 Bn | 19.04 Bn | - |
| 7 | Okta | 32.82 Bn | 22.92 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.21 Bn | 26.73 Bn | 546.45 Mn |
| 9 | MongoDB | 27.08 Bn | 17.55 Bn | 569.77 Mn |
| 10 | F5 | 25.16 Bn | 19.57 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64 Bn |
| Mar 31, 2026 | 1.49 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.10 Bn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 997.00 Mn |
| Mar 31, 2023 | 954.50 Mn |
| Dec 31, 2022 | 985.70 Mn |
| Sep 30, 2022 | 866.50 Mn |
| Jun 30, 2022 | 779.30 Mn |
| Mar 31, 2022 | 701.00 Mn |
| Dec 31, 2021 | 735.30 Mn |
| Sep 30, 2021 | 656.00 Mn |
API Access
Fortinet Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();