FINHUB Insights

FTNT · Q2 FY25 · Apr 1 – Jun 30, 2025

Fortinet Q2 FY25: where the revenue came from and where it went

Fortinet Q2 FY25: revenue $1.6B (+14% year over year). Net profit $0.4B. Largest cohort Security Subscription $0.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 8, 2025 10-Q
Sankey diagram of Fortinet's income statement for Q2 FY25: revenue of $1.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.6B +14% year over year
Gross profit$1.3B 81% margin
Operating profit$0.5B 28% margin
Net profit$0.4B 27% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.6 100% +14%
Security Subscription 0.6 38% +15%
Product 0.5 31% +13%
Technical Support and Other 0.5 31% +13%
Cost of revenue−0.319%
Gross profit1.381% margin+0pp
Research & development−0.213%+1pp
Sales & marketing−0.636%+1pp
G&A−0.13%+0pp
Operating profit0.528% margin−2pp
Tax−0.2
Net profit0.427%+1pp
Filing on EDGAR More quarters of FTNT

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters