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

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

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.