# FORTINET, INC. (FTNT) FY2026 Q1 P&L / Income Statement

- Company: FORTINET, INC. (FTNT)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-08, accession number 0001262039-26-000013
- Page: https://plicit.ai/financials/ftnt/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/ftnt-fy2026-q1-income-statement-sankey.png

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

Income statement for 2026-01-01 through 2026-03-31. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 1,849,600,000 US dollars
- **Total cost of revenue**: 364,500,000 US dollars
- **Total gross profit**: 1,485,100,000 US dollars
- **Total operating expenses**: 905,100,000 US dollars
- **OPERATING INCOME**: 580,000,000 US dollars
- **Other income (expense), net (calculated)**: 76,600,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 656,600,000 US dollars
- **PROVISION FOR INCOME TAXES**: 122,000,000 US dollars
- **NET INCOME**: 534,500,000 US dollars
- **Product**: 645,100,000 US dollars
- **Security subscription**: 694,000,000 US dollars
- **Technical support and other**: 510,500,000 US dollars
- **Research and development**: 214,000,000 US dollars
- **Sales and marketing**: 636,300,000 US dollars
- **General and administrative**: 56,200,000 US dollars
- **Gain on intellectual property matters**: negative 1,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: negative 100,000 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/fy2026-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/ftnt-fy2026-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenue**: 1,849,600,000 US dollars
- **Total cost of revenue**: 364,500,000 US dollars
- **Total gross profit**: 1,485,100,000 US dollars
- **Total operating expenses**: 905,100,000 US dollars
- **OPERATING INCOME**: 580,000,000 US dollars
- **Other income (expense), net (calculated)**: 76,600,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 656,600,000 US dollars
- **PROVISION FOR INCOME TAXES**: 122,000,000 US dollars
- **NET INCOME**: 534,500,000 US dollars
- **Product revenue**: 645,100,000 US dollars
- **Service revenue**: 1,204,500,000 US dollars
- **Product cost of revenue**: 208,300,000 US dollars
- **Service cost of revenue**: 156,200,000 US dollars
- **Research and development**: 214,000,000 US dollars
- **Sales and marketing**: 636,300,000 US dollars
- **General and administrative**: 56,200,000 US dollars
- **Gain on intellectual property matters**: negative 1,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: negative 100,000 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/fy2026-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/ftnt-fy2026-q1-revenue-by-geography-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 1,849,600,000 US dollars
- **Total cost of revenue**: 364,500,000 US dollars
- **Total gross profit**: 1,485,100,000 US dollars
- **Total operating expenses**: 905,100,000 US dollars
- **OPERATING INCOME**: 580,000,000 US dollars
- **Other income (expense), net (calculated)**: 76,600,000 US dollars
- **INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: 656,600,000 US dollars
- **PROVISION FOR INCOME TAXES**: 122,000,000 US dollars
- **NET INCOME**: 534,500,000 US dollars
- **UNITED STATES**: 526,500,000 US dollars
- **Other Americas**: 213,300,000 US dollars
- **EMEA**: 784,800,000 US dollars
- **Asia Pacific**: 325,000,000 US dollars
- **Research and development**: 214,000,000 US dollars
- **Sales and marketing**: 636,300,000 US dollars
- **General and administrative**: 56,200,000 US dollars
- **Gain on intellectual property matters**: negative 1,400,000 US dollars
- **GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS**: negative 100,000 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.