Growth Metrics

Fortis (FTS) Gross Margin (2016 - 2026)

Fortis filings provide 12 years of Gross Margin readings, the most recent being 68.53% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 32.0% to 68.53% in Q1 2026 year-over-year; TTM through Mar 2026 was 72.19%, a 12.0% increase, with the full-year FY2025 number at 72.3%, up 53.0% from a year prior.
  • Gross Margin hit 68.53% in Q1 2026 for Fortis, down from 72.13% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 74.64% in Q2 2025 to a low of 59.97% in Q4 2022.
  • Median Gross Margin over the past 5 years was 68.84% (2025), compared with a mean of 69.1%.
  • Biggest five-year swings in Gross Margin: crashed -576bps in 2022 and later soared 886bps in 2023.
  • Fortis' Gross Margin stood at 59.97% in 2022, then rose by 15bps to 68.84% in 2023, then increased by 6bps to 73.21% in 2024, then decreased by -1bps to 72.13% in 2025, then fell by -5bps to 68.53% in 2026.
  • The last three reported values for Gross Margin were 68.53% (Q1 2026), 72.13% (Q4 2025), and 74.17% (Q3 2025) per Business Quant data.