Filing Flows › Fortinet (FTNT) › Gross margin
Fortinet (FTNT) gross margin by quarter
Fortinet's gross margin was 79.0% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026. Over the last 7 quarters it ranged from 79.0% (Q3 2026) to 81.0% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 79.0% | -1.3 pts | -1.8 pts |
| Q2 2026 | 80.2% | -0.1 pts | -0.4 pts |
| Q1 2026 | 80.3% | +0.7 pts | -0.7 pts |
| Q4 2025 | 79.6% | -1.2 pts | — |
| Q3 2025 | 80.8% | +0.1 pts | — |
| Q2 2025 | 80.7% | -0.3 pts | — |
| Q1 2025 | 81.0% | — | — |
Q3 2026 at a glance
Fortinet, Q3 2026: revenue $2.1B (+20% year over year), operating margin 33.9%, net earnings $636M, operating cash flow $946M. The chart follows the revenue to costs, profit and cash.
Questions
What is Fortinet's gross margin?
Fortinet's gross margin was 79.0% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026.
How has Fortinet's gross margin changed?
Over the last 7 quarters it ranged from 79.0% (Q3 2026) to 81.0% (Q1 2025).