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Fortinet (FTNT) Operating Margin (2016 - 2025)

Historic Operating Margin for Fortinet (FTNT) over the last 16 years, with Q3 2025 value amounting to 31.73%.

  • Fortinet's Operating Margin rose 5000.0% to 31.73% in Q3 2025 from the same period last year, while for Sep 2025 it was 31.02%, marking a year-over-year increase of 27400.0%. This contributed to the annual value of 30.28% for FY2024, which is 68800.0% up from last year.
  • According to the latest figures from Q3 2025, Fortinet's Operating Margin is 31.73%, which was up 5000.0% from 28.1% recorded in Q2 2025.
  • Fortinet's 5-year Operating Margin high stood at 34.58% for Q4 2024, and its period low was 15.81% during Q1 2022.
  • Moreover, its 5-year median value for Operating Margin was 23.1% (2022), whereas its average is 24.49%.
  • Its Operating Margin has fluctuated over the past 5 years, first plummeted by -30800bps in 2021, then soared by 89000bps in 2024.
  • Quarter analysis of 5 years shows Fortinet's Operating Margin stood at 22.3% in 2021, then grew by 25bps to 27.89% in 2022, then decreased by -2bps to 27.23% in 2023, then increased by 27bps to 34.58% in 2024, then decreased by -8bps to 31.73% in 2025.
  • Its Operating Margin was 31.73% in Q3 2025, compared to 28.1% in Q2 2025 and 29.47% in Q1 2025.