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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) Net Margin (2016 - 2025)

Fortinet (FTNT) has 16 years of Net Margin data on record, last reported at 26.56% in Q4 2025.

  • For Q4 2025, Net Margin fell 547.0% year-over-year to 26.56%; the TTM value through Dec 2025 reached 27.11%, down 269.0%, while the annual FY2025 figure was 27.11%, 269.0% down from the prior year.
  • Net Margin reached 26.56% in Q4 2025 per FTNT's latest filing, down from 27.49% in the prior quarter.
  • Across five years, Net Margin topped out at 36.15% in Q3 2024 and bottomed at 13.75% in Q1 2022.
  • Average Net Margin over 5 years is 23.13%, with a median of 22.62% recorded in 2023.
  • Peak YoY movement for Net Margin: crashed -1298491bps in 2021, then skyrocketed 1157bps in 2024.
  • A 5-year view of Net Margin shows it stood at 19.4% in 2021, then soared by 44bps to 27.98% in 2022, then fell by -19bps to 22.64% in 2023, then surged by 41bps to 32.03% in 2024, then dropped by -17bps to 26.56% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 26.56% in Q4 2025, 27.49% in Q3 2025, and 27.01% in Q2 2025.