Fortinet Q3 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
- Jul 1 – Sep 30, 2026
Revenue$2.08B
+20% year over year
Gross profit$1.64B
79% margin
Operating profit$0.70B
34% margin
Net profit$0.64B
31% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.08 | 100% | +20% |
| Cost of revenue | −0.44 | 21% | |
| Gross profit | 1.64 | 79% margin | −2pp |
| R&D | −0.21 | 10% | −1pp |
| Sales & marketing | −0.66 | 32% | −2pp |
| G&A | −0.06 | 3% | −1pp |
| Operating profit | 0.70 | 34% margin | +2pp |
| Other income, net | 0.05 | ||
| Tax | −0.12 | ||
| Net profit | 0.64 | 31% margin | +3pp |
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