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Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
78.66
-0.56 (-0.71%)
At close: Jan 12, 2026, 4:00 PM EST
78.13
-0.53 (-0.67%)
Pre-market: Jan 13, 2026, 6:15 AM EST

Fortinet Operating Metrics

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016
Billings
7.18B6.96B6.72B6.53B6.39B6.30B6.30B6.39B
Billings Growth
12.41%10.40%6.60%2.13%2.19%2.06%4.81%10.45%

Revenue by Segment

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016
Services
4.45B4.32B4.18B4.04B3.88B3.72B3.56B3.38B
Services Growth
14.67%16.00%17.39%19.70%21.62%23.86%26.49%28.09%
Product
2.10B2.02B1.96B1.91B1.82B1.81B1.84B1.93B
Product Growth
15.28%11.08%6.72%-0.97%-7.91%-8.44%-3.91%8.24%

Gross Profit by Type

Period EndingMar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016
Services
3.66B3.54B3.40B3.24B3.08B2.90B2.73B2.56B
Services Growth
18.75%21.96%24.50%26.43%28.31%29.45%29.39%29.48%
Product
1.34B1.26B1.15B1.08B1.08B1.16B1.22B1.24B
Product Growth
23.75%7.99%-5.84%-12.71%-8.73%6.84%25.90%39.09%

Operating Expense Breakdown

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016
Sales and Marketing
2.24B2.18B2.09B2.04B2.03B2.01B2.03B2.01B
Sales and Marketing Growth
10.81%8.09%2.84%1.93%3.64%7.30%14.18%18.97%
Research and Development
801.60M786.50M742.40M716.80M678.20M647.80M635.70M613.80M
Research and Development Growth
18.20%21.41%16.78%16.78%14.91%14.13%18.03%19.79%
General and Administrative
231.20M241.50M241.20M237.80M237.80M219.60M212.90M211.30M
General and Administrative Growth
-2.78%9.97%13.29%12.54%18.60%17.00%16.21%25.03%
Restructuring Charges
---------------------------------3.46M4.10M4.00M
Gain on IP
-10.20M-9.90M-9.80M-4.60M-4.60M-4.60M-4.50M-4.60M----------------
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.