Fortinet Q2 FY26: where the revenue came from and where it went
The whole income statement of Fortinet for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 30, 2026
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 support & other | 0.55 | 26% | +14% |
| Cost of revenue | −0.41 | 20% | |
| Gross profit | 1.64 | 80% margin | |
| R&D | −0.23 | 11% | −2pp |
| Sales & marketing | −0.67 | 33% | −4pp |
| G&A | −0.06 | 3% | −1pp |
| Operating profit | 0.69 | 34% margin | +6pp |
| Other income, net | 0.03 | ||
| Tax | −0.12 | ||
| Net profit | 0.61 | 30% margin | +3pp |
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