TTM
27.5%
YoY change
−2.05pp
Trough year (2007)
-14.1%
Peak year (2024)
29.3%
Latest annual
27.3%
Net Profit Margin history chart for Fortinet (FTNT) from 2006 to 2025
Latest: 27.3%
Net Profit Margin change chart for Fortinet (FTNT) from 2006 to 2025
Latest: −2.05pp
Net Profit Margin history table for Fortinet (FTNT) from 2006 to 2025
| 2025 | 27.3% | -2.05pp | ||
| 2024 | 29.3% | +7.67pp | ||
| 2023 | 21.6% | +2.23pp | ||
| 2022 | 19.4% | +1.25pp | ||
| 2021 | 18.2% | -0.67pp | ||
| 2020 | 18.8% | +3.49pp | ||
| 2019 | 15.3% | -3.22pp | ||
| 2018 | 18.6% | +16.46pp | ||
| 2017 | 2.1% | -0.42pp | ||
| 2016 | 2.5% | +1.73pp | ||
| 2015 | 0.8% | -2.50pp | ||
| 2014 | 3.3% | -3.91pp | ||
| 2013 | 7.2% | -5.33pp | ||
| 2012 | 12.5% | -1.89pp | ||
| 2011 | 14.4% | +1.71pp | ||
| 2010 | 12.7% | -11.17pp | ||
| 2009 | 23.9% | +20.39pp | ||
| 2008 | 3.5% | +17.53pp | ||
| 2007 | -14.1% | -9.73pp | ||
| 2006 | -4.3% | — |
- 202527.3%-2.05pp
- 202429.3%+7.67pp
- 202321.6%+2.23pp
- 202219.4%+1.25pp
- 202118.2%-0.67pp
- 202018.8%+3.49pp
- 201915.3%-3.22pp
- 201818.6%+16.46pp
- 20172.1%-0.42pp
- 20162.5%+1.73pp
- 20150.8%-2.50pp
- 20143.3%-3.91pp
- 20137.2%-5.33pp
- 201212.5%-1.89pp
- 201114.4%+1.71pp
- 201012.7%-11.17pp
- 200923.9%+20.39pp
- 20083.5%+17.53pp
- 2007-14.1%-9.73pp
- 2006-4.3%—
Net Profit Margin values are taken from Fortinet's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's latest reported net margin is 27.5%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual net margin for Fortinet (FTNT) came in at 27.26% – contracted 2.0 percentage points year-over-year.
Across the available history, net margin reached its high of 29.30% in 2024 and its low of -14.06% in 2007.
Fortinet Net Profit Margin by Year
Fortinet Net Profit Margin 2025: 27.3%
Fortinet posted net margin of 27.26% in 2025, contracted 2.0 percentage points from 2024.
Fortinet Net Profit Margin 2024: 29.3%
In 2024, Fortinet reported net margin of 29.30%, expanded 7.7 percentage points from 2023. This figure represents the highest annual value in the available history.
Fortinet Net Profit Margin 2023: 21.6%
Fortinet net margin in 2023 was 21.64%, expanded 2.2 percentage points from 2022.
Fortinet Net Profit Margin 2022: 19.4%
2022's net margin for Fortinet came in at 19.41%, expanded 1.3 percentage points from 2021.
Fortinet Net Profit Margin 2021: 18.2%
Fortinet net margin in 2021 was 18.16%.
See more financial history for Fortinet (FTNT).
Sector peers by Net Profit Margin
Technology peers of Fortinet (FTNT), ranked by their latest net margin
| 63.0% | |
| 47.0% | |
| 41.5% | |
| 39.3% | |
| 38.8% | |
| 29.7% | |
| 27.2% | |
| 13.4% |
- 63.0%
- 47.0%
- 39.3%
- 38.8%
- 29.7%
- 27.2%
- 13.4%
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