01—History
Gross Profit History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $5.47B
02—Ledger
Gross Profit, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $5.47B | +14.0% | 10-K | |
| FY2024 | $4.80B | +18.0% | 10-K | |
| FY2023 | $4.07B | +22.1% | 10-K | |
| FY2022 | $3.33B | +30.2% | 10-K | |
| FY2021 | $2.56B | +26.4% | 10-K | |
| FY2020 | $2.02B | +22.2% | 10-K | |
| FY2019 | $1.66B | +22.4% | 10-K | |
| FY2018 | $1.35B | +22.0% | 10-K | |
| FY2017 | $1.11B | +18.3% | 10-K | |
| FY2016 | $937.6M | +29.8% | 10-K | |
| FY2015 | $722.5M | +34.0% | 10-K | |
| FY2014 | $539.4M | +24.1% | 10-K | |
| FY2013 | $434.7M | +12.5% | 10-K | |
| FY2012 | $386.2M | +20.7% | 10-K | |
| FY2011 | $320.0M | +33.6% | 10-K | |
| FY2010 | $239.5M | +31.5% | 10-K | |
| FY2009 | $182.1M | — | 10-K |
03—Questions
What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is Fortinet, Inc.'s current gross profit?
Fortinet, Inc. (FTNT) annual gross profit for 2025 was $5.47B, a 14.02% increase from 2024. Fortinet, Inc. gross profit for the quarter ending June 30, 2026 was $1.64B.
What was Fortinet, Inc.'s gross profit in 2024?
Fortinet, Inc. annual gross profit for 2024 was $4.80B, a 17.96% increase from 2023.
What was Fortinet, Inc.'s gross profit in 2023?
Fortinet, Inc. annual gross profit for 2023 was $4.07B, a 22.06% increase from 2022.
What is Fortinet, Inc.'s 5-year gross profit CAGR?
Fortinet, Inc. gross profit grew at a compound annual growth rate (CAGR) of 22.00% from FY2020 to FY2025, going from $2.02B to $5.47B over 5 years.
- Company
- Fortinet, Inc.
- Ticker
- FTNT
- Sector
- Technology
- Industry
- Computer Peripheral Equipment, NEC