The table below shows Fortinet, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$6.80B
$5.96B
$5.30B
$4.42B
$3.34B
$2.59B
Cost of revenue
$1.33B
$1.16B
$1.24B
$1.08B
$783.00M
$570.00M
Gross profit
$5.47B
$4.80B
$4.07B
$3.33B
$2.56B
$2.02B
R&D
$815.50M
$716.80M
$613.80M
$512.40M
$424.20M
$341.40M
FTNT annual revenue (10-K history)
Fortinet, Inc. reported annual revenue of $6.80B for fiscal year 2025. That is up 14.2% from $5.96B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $1.28B (FY 2016) to $6.80B. Figures come from the company's audited annual reports as filed with the SEC.
