Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 28.90% is 24% above its 5-year average of 23.25%, around the middle of its 5-year range (14.50%–35.80%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.64% above its 12-month average of 27.62%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
28.90%
NET PROFIT MARGIN AVG TTM
27.62%
NET PROFIT MARGIN AVG 3Y
26.20%
NET PROFIT MARGIN AVG 5Y
23.25%
NET PROFIT MARGIN AVG 10Y
17.99%
NET PROFIT MARGIN AVG 15Y
14.19%
NET PROFIT MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+4.64%
CURRENT VS 3Y AVG
+10.31%
CURRENT VS 5Y AVG
+24.30%
CURRENT VS 10Y AVG
+60.67%
CURRENT VS 15Y AVG
+103.62%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
11.78%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+145.32%
vs the sector median at left
Fortinet, Inc.
Market Cap
$111.63B
Net Profit Margin
28.90%
TTM Avg
27.62%
3Y Avg
26.20%
5Y Avg
23.25%
Market Cap
$102.12B
Net Profit Margin
11.34%
TTM Avg
13.07%
3Y Avg
12.48%
5Y Avg
9.41%
Market Cap
$99.97B
Net Profit Margin
20.12%
TTM Avg
19.69%
3Y Avg
19.05%
5Y Avg
18.40%
Market Cap
$93.11B
Net Profit Margin
-3.72%
TTM Avg
-4.72%
3Y Avg
-10.86%
5Y Avg
-18.47%
Market Cap
$92.91B
Net Profit Margin
-23.79%
TTM Avg
-31.94%
3Y Avg
-33.06%
5Y Avg
-46.51%
Market Cap
$131.68B
Net Profit Margin
64.29%
TTM Avg
54.91%
3Y Avg
30.60%
5Y Avg
19.17%
Market Cap
$89.98B
Net Profit Margin
21.18%
TTM Avg
21.84%
3Y Avg
23.24%
5Y Avg
23.05%
Market Cap
$89.95B
Net Profit Margin
10.70%
TTM Avg
11.11%
3Y Avg
11.02%
5Y Avg
11.22%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $111.63B | 28.90% | 27.62% | 26.20% | 23.25% |
| ServiceNow, Inc. (NOW)vs › | $102.12B | 11.34% | 13.07% | 12.48% | 9.41% |
| Automatic Data Processing, Inc. (ADP)vs › | $99.97B | 20.12% | 19.69% | 19.05% | 18.40% |
| Corning Inc (GLW)vs › | $126.24B | 11.09% | 7.04% | 6.99% | 7.67% |
| Cloudflare, Inc. (NET)vs › | $93.11B | -3.72% | -4.72% | -10.86% | -18.47% |
| Snowflake Inc. (SNOW)vs › | $92.91B | -23.79% | -31.94% | -33.06% | -46.51% |
| AppLovin Corporation (APP)vs › | $131.68B | 64.29% | 54.91% | 30.60% | 19.17% |
| Cadence Design Systems, Inc. (CDNS)vs › | $89.98B | 21.18% | 21.84% | 23.24% | 23.05% |
| Accenture plc (ACN)vs › | $89.95B | 10.70% | 11.11% | 11.02% | 11.22% |
| Adobe Inc. (ADBE)vs › | $89.48B | 28.69% | 27.93% | 27.71% | 28.28% |
Operating Margin
31.1%
Net Profit Margin
28.9%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-03-31 | 28.90% |
| 2025-12-31 | 26.56% |
| 2025-09-30 | 27.47% |
| 2025-06-30 | 27.00% |
| 2025-03-31 | 28.15% |
| 2024-12-31 | 31.70% |
| 2024-09-30 | 35.80% |
| 2024-06-30 | 26.48% |
| 2024-03-31 | 22.12% |
| 2023-12-31 | 21.97% |
| 2023-09-30 | 24.19% |
| 2023-06-30 | 20.60% |
| 2023-03-31 | 19.62% |
| 2022-12-31 | 24.46% |
| 2022-09-30 | 20.15% |
| 2022-06-30 | 16.84% |
| 2022-03-31 | 14.50% |
| 2021-12-31 | 20.65% |
| 2021-09-30 | 18.81% |
| 2021-06-30 | 17.16% |
| 2021-03-31 | 15.09% |
| 2020-12-31 | 19.61% |
| 2020-09-30 | 18.95% |
| 2020-06-30 | 18.43% |
| 2020-03-31 | 18.11% |
| 2019-12-31 | 18.75% |
| 2019-09-30 | 14.63% |
| 2019-06-30 | 13.94% |
| 2019-03-31 | 12.44% |
| 2018-12-31 | 36.02% |
| 2018-09-30 | 12.93% |
| 2018-06-30 | 11.17% |
| 2018-03-31 | 10.43% |
| 2017-12-31 | -6.95% |
| 2017-09-30 | 7.14% |
| 2017-06-30 | 6.33% |
| 2017-03-31 | 3.14% |
| 2016-12-31 | 6.94% |
| 2016-09-30 | 1.99% |
| 2016-06-30 | -0.45% |
| 2016-03-31 | 0.74% |
| 2015-12-31 | -0.85% |
| 2015-09-30 | 3.14% |
| 2015-06-30 | 0.33% |
| 2015-03-31 | 0.73% |
| 2014-12-31 | 3.04% |
| 2014-09-30 | 2.10% |
| 2014-06-30 | 3.30% |
| 2014-03-31 | 4.97% |
| 2013-12-31 | 6.78% |
| 2013-09-30 | 7.13% |
| 2013-06-30 | 6.09% |
| 2013-03-31 | 9.02% |
| 2012-12-31 | 14.23% |
| 2012-09-30 | 12.63% |
| 2012-06-30 | 10.82% |
| 2012-03-31 | 12.09% |
| 2011-12-31 | 13.65% |
| 2011-09-30 | 15.39% |
| 2011-06-30 | 14.07% |
| 2011-03-31 | 14.57% |
| 2010-12-31 | 17.24% |
| 2010-09-30 | 16.50% |
| 2010-06-30 | 9.00% |
| 2010-03-31 | 6.04% |
| 2009-12-31 | 62.14% |
| 2009-09-30 | 11.98% |
| 2009-06-30 | 7.46% |
| 2009-03-31 | 6.96% |
| 2008-12-31 | 13.45% |
| 2008-09-30 | 8.28% |
