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Fortinet, Inc. (FTNT) Gross Margin: 80.84%

Is Fortinet, Inc.’s gross margin high or low?

Fortinet, Inc.'s gross margin of 80.84% is in line with its 5-year average of 78.02%, near the high end of its 5-year range (75.44%–80.84%).

The gross margin for Fortinet, Inc. (FTNT) is 80.84% as of Tuesday, June 9, 2026. It is above its 12-month average by 0.17% (80.70%).

FTNT Gross Margin Chart

FTNT Gross Margin
80.84%+0.35% 1Y
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FTNT Average Gross Margin Chart

FTNT Current vs Average Gross Margin Chart

FTNT Gross Margin Metrics

GROSS MARGIN

80.84%

GROSS MARGIN AVG TTM

80.70%

GROSS MARGIN AVG 3Y

78.38%

GROSS MARGIN AVG 5Y

78.02%

GROSS MARGIN AVG 10Y

76.28%

GROSS MARGIN AVG 15Y

74.98%

GROSS MARGIN AVG 20Y

73.57%

CURRENT VS TTM AVG

+0.17%

CURRENT VS 3Y AVG

+3.14%

CURRENT VS 5Y AVG

+3.61%

CURRENT VS 10Y AVG

+5.98%

CURRENT VS 15Y AVG

+7.82%

CURRENT VS 20Y AVG

+9.88%

FTNT Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Fortinet, Inc. (FTNT)80.84%80.70%78.38%78.02%
Adobe Inc. (ADBE)$96.15B88.61%88.83%88.31%88.28%
Accenture plc (ACN)$106.76B31.91%32.26%32.21%32.13%
Cadence Design Systems, Inc. (CDNS)$107.82B86.36%86.20%87.84%88.28%
ServiceNow, Inc. (NOW)$110.32B77.53%78.36%78.40%78.13%
Synopsys, Inc. (SNPS)$89.09B76.98%78.33%79.46%79.29%
Cloudflare, Inc. (NET)$83.45B74.51%75.91%76.08%76.41%
Snowflake Inc. (SNOW)$83.07B67.17%66.84%66.73%64.72%
Datadog, Inc. (DDOG)$80.92B79.96%80.38%80.20%79.41%
Intuit Inc. (INTU)$80.36B80.76%79.74%79.67%80.55%

Gross Margin Analysis

Gross Margin

80.8%

(Revenue - COGS) / Revenue

Fortinet, Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fortinet, Inc. Gross Margin FAQ

What is the gross margin for Fortinet, Inc. (FTNT)?
The gross margin for FTNT stock is 80.84%.
Is Fortinet, Inc.'s gross margin high or low?
Fortinet, Inc.'s gross margin of 80.84% is in line with its 5-year average of 78.02%, near the high end of its 5-year range (75.44%–80.84%).
What is the TTM average gross margin for Fortinet, Inc. (FTNT)?
The TTM average gross margin for FTNT stock is 80.70%.
What is the 3Y average gross margin for Fortinet, Inc. (FTNT)?
The 3Y average gross margin for FTNT stock is 78.38%.
What is the 5Y average gross margin for Fortinet, Inc. (FTNT)?
The 5Y average gross margin for FTNT stock is 78.02%.
What is the 10Y average gross margin for Fortinet, Inc. (FTNT)?
The 10Y average gross margin for FTNT stock is 76.28%.
What is the 15Y average gross margin for Fortinet, Inc. (FTNT)?
The 15Y average gross margin for FTNT stock is 74.98%.
What is the 20Y average gross margin for Fortinet, Inc. (FTNT)?
The 20Y average gross margin for FTNT stock is 73.57%.

Fortinet, Inc. Gross Margin History

DATEGROSS MARGIN
2025-12-3180.84%
2024-12-3180.56%
2023-12-3176.68%
2022-12-3175.44%
2021-12-3176.57%
2020-12-3178.03%
2019-12-3176.61%
2018-12-3175.04%
2017-12-3174.23%
2016-12-3173.51%
2015-12-3171.59%
2014-12-3170.01%
2013-12-3170.64%
2012-12-3172.37%
2011-12-3173.80%
2010-12-3173.76%
2009-12-3172.24%
2008-12-3169.09%
2007-12-3163.54%
2006-12-3166.82%

About Fortinet, Inc.

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.

Sunnyvale, CA
14,556 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Ken Xie