Fortinet (FTNT) Operating Income (2010 - 2026)

Fortinet (FTNT) posted Operating Income of $580.0 million for Q1 2026, down 7.29% on a QoQ basis from $625.6 million in Q4 2025, and up 27.81% year-on-year from $453.8 million in Q1 2025.

Fortinet (FTNT) Operating Income (2010 - 2026) Analysis & Trends

Fortinet has disclosed Operating Income across 17 years of filings, most recently posting $580.0 million for Q1 2026.

  • Operating Income for Q1 2026 came in at $580.0 million, up 27.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 14.2% YoY), and the FY2025 annual result was $2.1 billion, up 15.6% from the prior year.
  • Operating Income came in at $580.0 million for Q1 2026 at Fortinet, down from $625.6 million in the prior quarter.
  • Over the last five years, Operating Income for FTNT reached as high as $625.6 million in Q4 2025 and fell as low as $151.0 million in Q1 2022.
  • Median Operating Income over the past 5 years was $385.4 million (2023), compared with a mean of $392.9 million.
  • Year-over-year, Operating Income surged 81.13% in 2023 and grew 4.76% in 2025.
  • Over 5 years, Operating Income stood at $357.8 million in 2022, then rose by 7.71% to $385.4 million in 2023, then jumped by 48.96% to $574.1 million in 2024, then advanced by 8.97% to $625.6 million in 2025, then retreated by 7.29% to $580.0 million in 2026.
  • Per Business Quant, the three latest FTNT Operating Income figures stand at $580.0 million (Q1 2026), $625.6 million (Q4 2025), and $547.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -9.77 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 38.40 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 754.00 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 397.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 13.79 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 6.13 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -61.99 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 203.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 580.00 Mn
Dec 31, 2025 625.60 Mn
Sep 30, 2025 547.30 Mn
Jun 30, 2025 458.00 Mn
Mar 31, 2025 453.80 Mn
Dec 31, 2024 574.10 Mn
Sep 30, 2024 470.90 Mn
Jun 30, 2024 437.20 Mn
Mar 31, 2024 321.20 Mn
Dec 31, 2023 385.40 Mn
Sep 30, 2023 303.20 Mn
Jun 30, 2023 279.00 Mn
Mar 31, 2023 273.50 Mn
Dec 31, 2022 357.80 Mn
Sep 30, 2022 265.50 Mn
Jun 30, 2022 195.30 Mn
Mar 31, 2022 151.00 Mn
Dec 31, 2021 214.90 Mn
Sep 30, 2021 166.40 Mn
Jun 30, 2021 147.50 Mn