FORTINET, INC. (FTNT) FY2026 YTD Q2 P&L / Income Statement

Revenue by Product and Service (2 categories)

2026-01-01 to 2026-06-30

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FORTINET, INC. (FTNT) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETService revenueProduct revenueTotal revenueTotal gross profitTotal cost of revenueProduct cost of revenueService cost of revenueOPERATING INCOMETotal operating expensesSales and marketingResearch and developmentGeneral and administrativeGain on intellectual property mattersOther income (expense), net (calculated)INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTSNET INCOMEPROVISION FOR INCOME TAXESGAIN (LOSS) FROM EQUITY METHOD INVESTMENTSGAIN (LOSS) FROM EQUITY METHOD INVESTMENTSGAIN (LOSS) FROMEQUITY METHODINVESTMENTS$1.00 MOther income (expense), net (calculated)Other income,net (calculated)$107.50 MINCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTSPretax income$1.38 BTotal revenueTotal revenue$3.90 BTotal gross profitTotal gross profit$3.13 BOPERATING INCOMEOPERATING INCOME$1.27 BNET INCOMENET INCOME$1.14 BService revenueService$2.48 BTotal operating expensesTotal operatingexpenses$1.86 BPROVISION FOR INCOME TAXESPROVISION FORINCOME TAXES$237.00 MSales and marketingSales and marketing$1.31 BProduct revenueProduct$1.42 BTotal cost of revenueTotal cost of revenue$769.20 MResearch and developmentResearch and development$439.00 MGeneral and administrativeGeneral and administrative$117.30 MProduct cost of revenueProduct$442.10 MGain on intellectual property mattersGain on intellectualproperty matters−$2.70 MService cost of revenueService$327.10 M
Chart details

FORTINET, INC. (FTNT) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

Total revenue
3,897,500,000 US dollars
Total cost of revenue
769,200,000 US dollars
Total gross profit
3,128,300,000 US dollars
Total operating expenses
1,859,000,000 US dollars
OPERATING INCOME
1,269,300,000 US dollars
Other income (expense), net (calculated)
107,500,000 US dollars
INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS
1,376,800,000 US dollars
PROVISION FOR INCOME TAXES
237,000,000 US dollars
NET INCOME
1,140,800,000 US dollars
Product revenue
1,418,100,000 US dollars
Service revenue
2,479,400,000 US dollars
Product cost of revenue
442,100,000 US dollars
Service cost of revenue
327,100,000 US dollars
Research and development
439,000,000 US dollars
Sales and marketing
1,305,400,000 US dollars
General and administrative
117,300,000 US dollars
Gain on intellectual property matters
negative 2,700,000 US dollars
GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS
1,000,000 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.
FORTINET, INC. (FTNT) FY2026 YTD Q2 Revenue by Product and Service (2 categories) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

80.3%

Gross profit / revenue

Operating margin

32.6%

Operating profit / revenue

Cash conversion

185.9%

Operating cash / net income, same period

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