FINHUB Insights

FTNT · Q1 FY26 · Mar 31, 2026

Fortinet Q1 FY26: where the revenue came from and where it went

Fortinet Q1 FY26: revenue $1.8B (+20% year over year). Net profit $0.5B. Largest cohort Security Subscription $0.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
May 8, 2026 10-Q
Sankey diagram of Fortinet's income statement for Q1 FY26: revenue of $1.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.8B +20% year over year
Gross profit$1.5B 80% margin
Operating profit$0.6B 31% margin
Net profit$0.5B 29% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 1.8 100% +20%
Security Subscription 0.7 39% +11%
Product 0.6 33% +41%
Technical Support and Other 0.5 28% +12%
Cost of revenue−0.422%
Gross profit1.580% margin−1pp
Research & development−0.212%−1pp
Sales & marketing−0.634%−1pp
G&A−0.13%−1pp
Operating profit0.631% margin+2pp
Tax−0.2
Net profit0.529%+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