Fortinet, Inc. Cost of Revenue 2009-2026 | FTNT
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What is cost of revenue?
Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.
What is Fortinet, Inc.'s current cost of revenue?
Fortinet, Inc. (FTNT) annual cost of revenue for 2025 was $1.33B, a 14.80% increase from 2024. Fortinet, Inc. cost of revenue for the quarter ending March 31, 2026 was $364.5M.
What was Fortinet, Inc.'s cost of revenue in 2024?
Fortinet, Inc. annual cost of revenue for 2024 was $1.16B, a 6.43% decline from 2023.
What was Fortinet, Inc.'s cost of revenue in 2023?
Fortinet, Inc. annual cost of revenue for 2023 was $1.24B, a 14.04% increase from 2022.
What is Fortinet, Inc.'s 5-year cost of revenue CAGR?
Fortinet, Inc. cost of revenue grew at a compound annual growth rate (CAGR) of 18.45% from FY2020 to FY2025, going from $570.0M to $1.33B over 5 years.
Cost of Revenue History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+18.4%
FY2020
$570.0M
→
FY2025
$1.33B
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5 years selected
Cost of Revenue History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.33B | +14.8% | 10-K |
| FY2024 | $1.16B | -6.4% | 10-K |
| FY2023 | $1.24B | +14.0% | 10-K |
| FY2022 | $1.08B | +38.6% | 10-K |
| FY2021 | $783.0M | +37.4% | 10-K |
| FY2020 | $570.0M | +12.7% | 10-K |
| FY2019 | $505.9M | +12.3% | 10-K |
| FY2018 | $450.4M | +16.9% | 10-K |
| FY2017 | $385.3M | +14.1% | 10-K |
| FY2016 | $337.8M | +17.8% | 10-K |
| FY2015 | $286.8M | +24.1% | 10-K |
| FY2014 | $231.0M | +27.9% | 10-K |
| FY2013 | $180.6M | +22.5% | 10-K |
| FY2012 | $147.4M | +29.8% | 10-K |
| FY2011 | $113.6M | +33.3% | 10-K |
| FY2010 | $85.2M | +21.8% | 10-K |
| FY2009 | $70.0M | - | 10-K |
Company: Fortinet, Inc.Ticker: FTNTSector: TechnologyIndustry: Computer Peripheral Equipment, NECView company profile →