For the quarter ending 2026-03-31, FTNT made $1,849,600K in revenue. $534,500K in net income. Net profit margin of 28.90%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 1,849,600 | 1,905,000 | 1,724,900 | 1,630,000 |
| Product | 208,300 | 228,900 | 180,700 | 165,900 |
| Service | 156,200 | 160,300 | 151,000 | 149,000 |
| Total cost of revenue | 364,500 | 389,200 | 331,700 | 314,900 |
| Total gross profit | 1,485,100 | 1,515,800 | 1,393,200 | 1,315,100 |
| Research and development | 214,000 | 205,000 | 202,400 | 209,500 |
| Sales and marketing | 636,300 | 629,300 | 583,500 | 592,000 |
| General and administrative | 56,200 | 57,300 | 61,400 | 56,900 |
| Gain on intellectual property matters | 1,400 | 1,400 | 1,400 | 1,300 |
| Total operating expenses | 905,100 | 890,200 | 845,900 | 857,100 |
| Operating income | 580,000 | 625,600 | 547,300 | 458,000 |
| Interest income | 32,900 | 32,300 | 40,700 | 45,000 |
| Interest expense | 4,200 | 4,400 | 6,200 | 4,600 |
| Other incomenet | 47,900 | -2,700 | 13,000 | 18,900 |
| Income before income taxes and gain (loss) from equity method investments | 656,600 | 650,800 | 594,800 | 517,300 |
| Provision for income taxes | 122,000 | 144,800 | 120,700 | 77,100 |
| Gain (loss) from equity method investments | -100 | 0 | -200 | -100 |
| Net income | 534,500 | 506,000 | 473,900 | 440,100 |
| Basic EPS | 0.72 | 0.681 | 0.63 | 0.57 |
| Diluted EPS | 0.72 | 0.677 | 0.62 | 0.57 |
| Basic Average Shares | 738,800,000 | 742,700,000 | 755,500,000 | 765,500,000 |
| Diluted Average Shares | 742,800,000 | 747,700,000 | 761,200,000 | 772,700,000 |
Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT)