The table below shows Fortinet, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$1.85B
$1.72B
$1.63B
$1.54B
$1.51B
$1.43B
Cost of revenue
$364.50M
$331.70M
$314.90M
$293.10M
$263.40M
$275.00M
Gross profit
$1.49B
$1.39B
$1.32B
$1.25B
$1.24B
$1.16B
R&D
$214.00M
$202.40M
$209.50M
$198.60M
$187.30M
$165.40M
FTNT annual revenue (10-K history)
Fortinet, Inc. reported annual revenue of $6.80B for fiscal year 2025. That is up 14.2% from $5.96B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $1.28B (FY 2016) to $6.80B. Figures come from the company's audited annual reports as filed with the SEC.