FINHUB Insights

FTNT · Q3 FY25 · Jul 1 – Sep 30, 2025

Fortinet Q3 FY25: where the revenue came from and where it went

Fortinet Q3 FY25: revenue $1.7B (+14% year over year). Net profit $0.47B. Largest cohort Security subscription $0.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 7, 2025 10-Q
Sankey diagram of Fortinet's income statement for Q3 FY25: revenue of $1.73 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.73B +14% year over year
Gross profit$1.39B 81% margin
Operating profit$0.55B 32% margin
Net profit$0.47B 27% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.73 100% +14%
Security subscription 0.67 39% +13%
Product 0.56 32% +18%
Technical support & other 0.49 29% +13%
Cost of revenue−0.3319%
Gross profit1.3981% margin−2pp
R&D−0.2012%−1pp
Sales & marketing−0.5834%+0pp
G&A−0.064%−1pp
Operating profit0.5532% margin+1pp
Tax−0.12
Net profit0.4727%−8pp
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.