FTNT · News · 20260805N

Gross Margin Drivers

Fortinet, Inc. · 2026-08-05 · Importance 45 · Surprise 64

Fortinet was reported to have an approximately 80% gross profit margin following its strong quarterly results. Product revenue growth of 52% year over year materially changed the revenue mix while the company continued to generate strong profitability. Third-party coverage did not quantify the sequential or year-over-year change in gross margin or identify a specific cost driver.

Key facts

• InvestingPro analysis cited Fortinet as having an 80% gross profit margin. source