FTNT · Q2 FY26 · Apr 1 – Jun 30, 2026
Fortinet Q2 FY26: where the revenue came from and where it went
Fortinet Q2 FY26: revenue $2.0B (+26% year over year). Net profit $0.6B. Largest cohort Product $0.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 30, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.05B
+26% year over year
Gross profit$1.64B
80% margin
Operating profit$0.69B
34% margin
Net profit$0.61B
30% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.05 | 100% | +26% |
| Product | 0.77 | 38% | +52% |
| Security Subscription | 0.73 | 36% | +13% |
| Technical… Other | 0.55 | 27% | +14% |
| Cost of revenue | −0.41 | 20% | |
| Gross profit | 1.64 | 80% margin | +0pp |
| Research & development | −0.23 | 11% | −2pp |
| Sales & marketing | −0.67 | 33% | −4pp |
| G&A | −0.06 | 3% | −1pp |
| Operating profit | 0.69 | 34% margin | +6pp |
| Tax | −0.12 | ||
| Net profit | 0.61 | 30% | +3pp |
Older quarters
-
Q1 FY26 3/2026Revenue $1.9B Net margin 29%
-
Q4 FY25 12/2025Revenue $1.9B Net margin 27%
-
Q2 FY25 6/2025Revenue $1.6B Net margin 27%
-
Q1 FY25 3/2025Revenue $1.5B Net margin 28%
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