Fortinet, Inc. company logo
Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Cost Of Goods Sold

Annual Cost Of Goods Sold

$1.16B$79.60M-6.43%

Summary

Current Value
As of today, FTNT annual cost of goods sold is $1.16B, down -6.43% on
Historical Performance
FTNT annual cost of goods sold is up +47.84% over the past 3 years, and up +128.82% over the past 5 years
All-Time High Comparison
FTNT annual cost of goods sold is currently -6.43% below its historical high of $1.24B set on
3-Year Low Comparison
FTNT annual cost of goods sold is +6.70% above its 3-year low of $1.08B reached on an earlier date
Sector Comparison
FTNT annual cost of goods sold is higher than 79.77% of companies in Technology sector

Cost Of Goods Sold Chart

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Performance

FTNT Performance
MetricDateValue1Y3Y5Y15Y
Annual Cost Of Goods Sold$1.16B-6.4%+47.8%+128.8%+1554.3%
Quarterly Cost Of Goods Sold$318.60M+21.0%+10.6%+127.6%+1385.8%
TTM Cost Of Goods Sold$1.24B+6.6%+19.3%+125.5%+1390.5%
Price$79.22-17.5%+60.3%+167.4%+2148.7%
Annual Total Expenses$4.15B+2.2%+54.3%+129.2%+1731.0%
Annual Operating Expenses$2.99B+6.0%+56.9%+129.3%+1809.9%
Annual Gross Profit$4.80B+18.0%+87.5%+189.6%+2534.3%
Annual Revenue$5.96B+12.3%+78.2%+175.3%+2262.3%

Cost Of Goods Sold Highs

FTNT Annual Cost Of Goods Sold Highs Comparison
PeriodHighDateCurrent
3Y$1.24B-6.4%
5Y$1.24B-6.4%
All$1.24B-6.4%

Cost Of Goods Sold Lows

FTNT Annual Cost Of Goods Sold Lows Comparison
PeriodLowDateCurrent
3Y$1.08BN/A+6.7%
5Y$570.00MN/A+103.1%
All$40.96M+2725.9%

Cost Of Goods Sold History

YearValueChange
$1.16B-6.4%
$1.24B+14.0%
$1.08B+38.6%
$783.00M+37.4%
$570.00M+12.7%
$505.90M+12.3%
$450.40M+16.9%
$385.30M+14.1%
$337.80M+17.8%
$286.78M+24.1%
YearValueChange
$231.01M+27.9%
$180.64M+22.5%
$147.42M+29.8%
$113.60M+33.3%
$85.21M+21.8%
$69.98M+6.9%
$65.47M+15.6%
$56.65M+38.3%
$40.96M-

FAQ

  • What is the current annual cost of goods sold of FTNT?

    As of today, FTNT annual cost of goods sold is $1.16B

  • What is 1-year change in FTNT annual cost of goods sold?

    FTNT annual cost of goods sold is down -6.43% year-over-year

  • What is 3-year change in FTNT annual cost of goods sold?

    FTNT annual cost of goods sold is up +47.84% over the past 3 years

  • How far is FTNT annual cost of goods sold from its all-time high?

    FTNT annual cost of goods sold is currently -6.43% below its historical high of $1.24B set on December 31, 2023

  • How does FTNT annual cost of goods sold rank versus sector peers?

    FTNT annual cost of goods sold is higher than 79.77% of companies in Technology sector

  • When is FTNT next annual earnings release?

    The next annual earnings release for FTNT is on

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

  1. FTNT Official Website www.fortinet.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1262039/000126203925000039/0001262039-25-000039-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203925000011/0001262039-25-000011-index.htm
  4. FTNT Profile on Yahoo Finance finance.yahoo.com/quote/FTNT
  5. FTNT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ftnt