Gross Profit for Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's current gross profit (TTM) is $5.50B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FTNT
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$5.50B
YoY change
+14.6%
5Y CAGR
+22.1%
Peak year (2025)
$5.50B
Cumulative gross profit
$30.49B
Gross Profit history chart for Fortinet (FTNT) from 2006 to 2025
Gross Profit history table for Fortinet (FTNT) from 2006 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $5.50B | +14.6% | ||
| 2024 | $4.80B | +18.0% | ||
| 2023 | $4.07B | +22.1% | ||
| 2022 | $3.33B | +30.2% | ||
| 2021 | $2.56B | +26.4% | ||
| 2020 | $2.02B | +22.2% | ||
| 2019 | $1.66B | +22.4% | ||
| 2018 | $1.35B | +22.0% | ||
| 2017 | $1.11B | +18.3% | ||
| 2016 | $937.60M | +29.8% | ||
| 2015 | $722.49M | +34.0% | ||
| 2014 | $539.36M | +24.1% | ||
| 2013 | $434.65M | +12.5% | ||
| 2012 | $386.22M | +20.7% | ||
| 2011 | $319.98M | +33.6% | ||
| 2010 | $239.49M | +31.5% | ||
| 2009 | $182.14M | +24.5% | ||
| 2008 | $146.32M | +48.2% | ||
| 2007 | $98.71M | +19.7% | ||
| 2006 | $82.50M | — |
Gross Profit values are taken from Fortinet's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Fortinet (FTNT) gross profit totalled $5.50B – grew 14.6% year-over-year.
Fortinet gross profit compound annual growth for the 2020–2025 (5 years) window is +22.1%, sustaining 19 straight years of year-over-year growth.
The dataset's maximum gross profit sits at $5.50B (2025); the minimum reading of $82.50M dates to 2006.
Among 8 Technology peers, Fortinet (FTNT) ranks 9th; the peer median for gross profit is $98.38B.
Fortinet Gross Profit by Year
Fortinet Gross Profit 2025: $5.50B
Fortinet gross profit in 2025 was $5.50B, grew 14.6% from 2024. This figure represents the highest annual value in the available history.
Fortinet Gross Profit 2024: $4.80B
Fortinet gross profit in 2024 was $4.80B, grew 18.0% from 2023.
Fortinet Gross Profit 2023: $4.07B
Fortinet gross profit in 2023 was $4.07B, grew 22.1% from 2022.
Fortinet Gross Profit 2022: $3.33B
Fortinet gross profit in 2022 was $3.33B, surged 30.2% from 2021.
Fortinet Gross Profit 2021: $2.56B
Fortinet gross profit in 2021 was $2.56B.
See more financial history for Fortinet (FTNT).
Sector peers — Gross Profit
Companies in the same sector as Fortinet, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Fortinet's gross profit?
- Latest reported gross profit for Fortinet (FTNT) is $5.50B (period ending December 31, 2025).
How has Fortinet gross profit changed year-over-year?
- Fortinet (FTNT) gross profit changed +14.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Fortinet gross profit?
- Fortinet (FTNT) gross profit compound annual growth rate is +22.1% over the most recent 5 years available.
When did Fortinet gross profit hit its highest annual value?
- Fortinet gross profit reached its highest annual value of $5.50B in 2025.
What was Fortinet gross profit in 2024?
- Fortinet (FTNT) gross profit in 2024 was $4.80B.
What was Fortinet gross profit in 2025?
- Fortinet (FTNT) gross profit in 2025 was $5.50B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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