Fortinet Inc (FTNT) FinancialsFTNTFortinet Inc

Fortinet, Inc. (FTNT) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product, accounting for 37.7% of total sales, equivalent to $773.00M. Other significant revenue streams include Service -Security subscription and Service-Technical support. Understanding this composition is critical for investors evaluating how FTNT navigates market cycles within the Software industry.

Evaluating the bottom line, Fortinet, Inc. maintains a gross margin of 80.24%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 33.60%, while the net margin is 29.61%. These profitability ratios, combined with a Return on Equity (ROE) of 117.44%, provide a clear picture of how effectively FTNT converts its operational activities into shareholder value.

In the context of the broader market, FTNT competes directly with industry leaders such as NET and ACN. With a market capitalization of $124.09B, it holds a significant position in the sector. When comparing efficiency, FTNT's gross margin of 80.24% stands against NET's 71.76% and ACN's 32.04%. Such benchmarking helps identify whether Fortinet, Inc. is trading at a premium or discount relative to its financial performance.

Fortinet's gross margin is strong at 80.24%, and the company has shown consistent revenue growth, with Q2 2026 revenue at $2.048 billion, up from $1.664 billion in Q4 2024. The net income for Q2 2026 was $606.3 million, reflecting solid profitability.