# FORTINET, INC. (FTNT) FY2025 Annual P&L / Income Statement

- Company: FORTINET, INC. (FTNT)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-25, accession number 0001262039-26-000007
- Page: https://plicit.ai/financials/ftnt/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/ftnt-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service (3 categories)

Income statement for 2025-01-01 through 2025-12-31. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 6,799,600,000 US dollars
- **Total cost of revenue**: 1,328,900,000 US dollars
- **Total gross profit**: 5,470,700,000 US dollars
- **Total operating expenses**: 3,386,000,000 US dollars
- **OPERATING INCOME**: 2,084,700,000 US dollars
- **Other income (expense), net (calculated)**: 197,500,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 2,282,200,000 US dollars
- **PROVISION FOR INCOME TAXES**: 439,100,000 US dollars
- **NET INCOME**: 1,853,400,000 US dollars
- **Product**: 2,218,400,000 US dollars
- **Security subscription**: 2,633,200,000 US dollars
- **Technical support and other**: 1,948,000,000 US dollars
- **Gain on intellectual property matters**: negative 10,400,000 US dollars
- **Research and development**: 815,500,000 US dollars
- **Sales and marketing**: 2,347,500,000 US dollars
- **General and administrative**: 233,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 10,300,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/ftnt/fy2025-annual-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/ftnt-fy2025-annual-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenue**: 6,799,600,000 US dollars
- **Total cost of revenue**: 1,328,900,000 US dollars
- **Total gross profit**: 5,470,700,000 US dollars
- **Total operating expenses**: 3,386,000,000 US dollars
- **OPERATING INCOME**: 2,084,700,000 US dollars
- **Other income (expense), net (calculated)**: 197,500,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 2,282,200,000 US dollars
- **PROVISION FOR INCOME TAXES**: 439,100,000 US dollars
- **NET INCOME**: 1,853,400,000 US dollars
- **Product revenue**: 2,218,400,000 US dollars
- **Service revenue**: 4,581,200,000 US dollars
- **Product cost of revenue**: 725,400,000 US dollars
- **Service cost of revenue**: 603,500,000 US dollars
- **Gain on intellectual property matters**: negative 10,400,000 US dollars
- **Research and development**: 815,500,000 US dollars
- **Sales and marketing**: 2,347,500,000 US dollars
- **General and administrative**: 233,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 10,300,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/ftnt/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/ftnt-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 6,799,600,000 US dollars
- **Total cost of revenue**: 1,328,900,000 US dollars
- **Total gross profit**: 5,470,700,000 US dollars
- **Total operating expenses**: 3,386,000,000 US dollars
- **OPERATING INCOME**: 2,084,700,000 US dollars
- **Other income (expense), net (calculated)**: 197,500,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 2,282,200,000 US dollars
- **PROVISION FOR INCOME TAXES**: 439,100,000 US dollars
- **NET INCOME**: 1,853,400,000 US dollars
- **UNITED STATES**: 1,929,500,000 US dollars
- **Other Americas**: 770,900,000 US dollars
- **Europe, Middle East and Africa**: 2,834,300,000 US dollars
- **Asia Pacific and Japan**: 1,264,900,000 US dollars
- **Gain on intellectual property matters**: negative 10,400,000 US dollars
- **Research and development**: 815,500,000 US dollars
- **Sales and marketing**: 2,347,500,000 US dollars
- **General and administrative**: 233,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 10,300,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.