What is the current annual gross margin of FTNT?

As of today, FTNT annual gross margin is 80.46%

What is 1-year change in FTNT annual gross margin?

FTNT annual gross margin is up +1.99% year-over-year

What is 3-year change in FTNT annual gross margin?

FTNT annual gross margin is up +7.41% over the past 3 years

How far is FTNT annual gross margin from its all-time high?

FTNT annual gross margin is currently at its all-time high

How does FTNT annual gross margin rank versus sector peers?

FTNT annual gross margin is higher than 93.19% of companies in Technology sector

When is FTNT next annual earnings release?

The next annual earnings release for FTNT is on February 4, 2027

What is the current quarterly gross margin of FTNT?

As of today, FTNT quarterly gross margin is 79.38%

What is FTNT quarterly gross margin most recent change?

FTNT quarterly gross margin was down -1.07% on September 30, 2026

What is 1-year change in FTNT quarterly gross margin?

FTNT quarterly gross margin is down -1.72% year-over-year

How far is FTNT quarterly gross margin from its all-time high?

FTNT quarterly gross margin is currently -3.82% below its historical high of 82.53% set on September 30, 2024

How does FTNT quarterly gross margin rank versus sector peers?

FTNT quarterly gross margin is higher than 90.20% of companies in Technology sector

When is FTNT next earnings release?

The next earnings release for FTNT is on February 4, 2027

Fortinet, Inc. (FTNT) Gross Margin History & Chart

Annual Gross Margin

80.46%1.57%+1.99%

December 31, 2025

Summary

Current Value: As of today, FTNT annual gross margin is 80.46%, up +1.99% on December 31, 2025
Historical Performance: FTNT annual gross margin is up +7.41% over the past 3 years, up +3.33% over the past 5 years
All-Time High Comparison: FTNT annual gross margin is currently at its all-time high
3-Year Low Comparison: FTNT annual gross margin is +7.41% above its 3-year low of 74.91% reached on an earlier date
Sector Comparison: FTNT annual gross margin is higher than 93.19% of companies in Technology sector

Gross Margin Chart

beforeafter

Performance

FTNT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	80.46%	+2.0%	+7.4%	+3.3%	+9.1%
Quarterly Gross Margin	Sep 30, 26	79.38%	-1.7%	+4.2%	+5.7%	+8.4%
Price	Oct 30, 26	$135.15	+60.5%	+140.0%	+100.9%	+2830.4%
PE Ratio	Oct 30, 26	43.94	+26.7%	+13.2%	-56.5%	-26.6%
Annual Revenue	Dec 31, 25	$6.80B	+14.2%	+53.9%	+162.1%	+1994.1%
Annual Gross Profit	Dec 31, 25	$5.47B	+16.4%	+65.3%	+170.8%	+2184.3%
Annual Operating Margin	Dec 31, 25	30.51%	+1.0%	+39.6%	+61.0%	+79.0%
Annual Net Margin	Dec 31, 25	27.26%	-7.0%	+40.6%	+44.8%	+114.7%

Gross Margin Highs

FTNT Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	80.46%	Dec 31, 25	at high
5Y	80.46%	Dec 31, 25	at high
All	80.46%	Dec 31, 25	at high

Gross Margin Lows

FTNT Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	74.91%	N/A	+7.4%
5Y	74.91%	Dec 31, 22	+7.4%
All	63.54%	Dec 31, 07	+26.6%

Gross Margin History

Year	Value	Change
2025	80.46%	+2.0%
2024	78.89%	+3.4%
2023	76.32%	+1.9%
2022	74.91%	-1.5%
2021	76.02%	-2.4%
2020	77.87%	+1.8%
2019	76.46%	+2.2%
2018	74.84%	+1.1%
2017	73.99%	+1.2%
2016	73.10%	+1.9%

Year	Value	Change
2015	71.74%	+2.0%
2014	70.33%	-0.6%
2013	70.72%	-2.3%
2012	72.37%	-1.7%
2011	73.64%	-0.2%
2010	73.76%	+2.1%
2009	72.24%	+4.6%
2008	69.09%	+8.7%
2007	63.54%	-4.9%
2006	66.82%	-

FAQ

What is the current annual gross margin of FTNT?: As of today, FTNT annual gross margin is 80.46%
What is 1-year change in FTNT annual gross margin?: FTNT annual gross margin is up +1.99% year-over-year
What is 3-year change in FTNT annual gross margin?: FTNT annual gross margin is up +7.41% over the past 3 years
How far is FTNT annual gross margin from its all-time high?: FTNT annual gross margin is currently at its all-time high
How does FTNT annual gross margin rank versus sector peers?: FTNT annual gross margin is higher than 93.19% of companies in Technology sector
When is FTNT next annual earnings release?: The next annual earnings release for FTNT is on February 4, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

79.38%0.86%-1.07%

September 30, 2026

Summary

Current Value: As of today, FTNT quarterly gross margin is 79.38%, down -1.07% on September 30, 2026
Historical Performance: FTNT quarterly gross margin is down -1.72% year-over-year, up +4.17% over the past 3 years
All-Time High Comparison: FTNT quarterly gross margin is currently -3.82% below its historical high of 82.53% set on September 30, 2024
3-Year Low Comparison: FTNT quarterly gross margin is +4.17% above its 3-year low of 76.20% reached on an earlier date
Sector Comparison: FTNT quarterly gross margin is higher than 90.20% of companies in Technology sector

Performance

FTNT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	79.38%	-1.1%	-1.7%	+4.2%	+5.7%
Annual Gross Margin	Dec 31, 25	80.46%	–	+2.0%	+7.4%	+3.3%
Price	Oct 30, 26	$135.15	-12.4%	+60.5%	+140.0%	+100.9%
PE Ratio	Oct 30, 26	43.94	-19.1%	+26.7%	+13.2%	-56.5%
Quarterly Revenue	Sep 30, 26	$2.08B	+1.5%	+20.5%	+55.7%	+139.7%
Quarterly Gross Profit	Sep 30, 26	$1.65B	+0.4%	+18.4%	+62.2%	+153.3%
Quarterly Operating Margin	Sep 30, 26	33.82%	+0.7%	+6.9%	+49.4%	+77.4%
Quarterly Net Margin	Sep 30, 26	30.58%	+3.3%	+11.3%	+26.4%	+62.5%

Quarterly Gross Margin Highs

FTNT Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	80.77%	N/A	-1.7%
3Y	82.53%	Sep 30, 24	-3.8%
5Y	82.53%	Sep 30, 24	-3.8%
All	82.53%	Sep 30, 24	-3.8%

Quarterly Gross Margin Lows

FTNT Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	79.38%	Sep 30, 26	at low
3Y	76.20%	N/A	+4.2%
5Y	72.75%	Mar 31, 22	+9.1%
All	69.77%	Dec 31, 08	+13.8%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	79.38%	-1.1%
Jun 2026	80.24%	-0.1%
Mar 2026	80.29%	+0.9%
Dec 2025	79.57%	-1.5%
Sep 2025	80.77%	+0.1%
Jun 2025	80.68%	-0.3%
Mar 2025	80.96%	-0.1%
Dec 2024	81.06%	-1.8%
Sep 2024	82.53%	+2.1%
Jun 2024	80.83%	+4.3%
Mar 2024	77.48%	+0.2%
Dec 2023	77.30%	+1.4%
Sep 2023	76.20%	-0.7%
Jun 2023	76.77%	+2.0%
Mar 2023	75.24%	-1.5%
Dec 2022	76.38%	+1.9%
Sep 2022	74.93%	-0.2%
Jun 2022	75.07%	+3.2%
Mar 2022	72.75%	-3.8%
Dec 2021	75.60%	+0.7%
Sep 2021	75.09%	-1.5%
Jun 2021	76.23%	-1.6%
Mar 2021	77.47%	-0.2%
Dec 2020	77.59%	-1.2%
Sep 2020	78.50%	+1.3%
Jun 2020	77.53%	+0.1%
Mar 2020	77.48%	+0.5%
Dec 2019	77.12%	-0.2%
Sep 2019	77.25%	+2.7%
Jun 2019	75.23%	-0.9%
Mar 2019	75.90%	+1.9%
Dec 2018	74.48%	-1.0%
Sep 2018	75.24%	+1.3%
Jun 2018	74.26%	-1.7%
Mar 2018	75.51%	+1.3%
Dec 2017	74.51%	-0.3%
Sep 2017	74.76%	+1.8%

Month	Value	Change
Jun 2017	73.42%	+0.4%
Mar 2017	73.10%	-1.8%
Dec 2016	74.46%	+2.4%
Sep 2016	72.75%	+0.5%
Jun 2016	72.40%	-0.1%
Mar 2016	72.50%	+0.2%
Dec 2015	72.35%	-1.0%
Sep 2015	73.05%	+2.9%
Jun 2015	71.02%	+1.3%
Mar 2015	70.12%	-0.8%
Dec 2014	70.70%	+0.2%
Sep 2014	70.58%	+0.9%
Jun 2014	69.93%	-0.1%
Mar 2014	69.97%	+0.1%
Dec 2013	69.89%	-2.4%
Sep 2013	71.60%	+1.8%
Jun 2013	70.35%	-1.2%
Mar 2013	71.19%	-1.9%
Dec 2012	72.58%	+0.5%
Sep 2012	72.25%	+1.5%
Jun 2012	71.21%	-3.1%
Mar 2012	73.52%	+0.5%
Dec 2011	73.12%	-0.2%
Sep 2011	73.25%	-1.3%
Jun 2011	74.22%	-0.9%
Mar 2011	74.89%	+1.0%
Dec 2010	74.12%	-0.9%
Sep 2010	74.76%	+1.6%
Jun 2010	73.58%	+4.7%
Mar 2010	70.27%	-0.2%
Dec 2009	70.43%	-1.2%
Sep 2009	71.29%	-1.4%
Jun 2009	72.32%	-0.9%
Mar 2009	72.96%	+4.6%
Dec 2008	69.77%	-1.6%
Sep 2008	70.89%	-

FAQ

What is the current quarterly gross margin of FTNT?: As of today, FTNT quarterly gross margin is 79.38%
What is FTNT quarterly gross margin most recent change?: FTNT quarterly gross margin was down -1.07% on September 30, 2026
What is 1-year change in FTNT quarterly gross margin?: FTNT quarterly gross margin is down -1.72% year-over-year
How far is FTNT quarterly gross margin from its all-time high?: FTNT quarterly gross margin is currently -3.82% below its historical high of 82.53% set on September 30, 2024
How does FTNT quarterly gross margin rank versus sector peers?: FTNT quarterly gross margin is higher than 90.20% of companies in Technology sector
When is FTNT next earnings release?: The next earnings release for FTNT is on February 4, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

FTNT Official Website www.fortinet.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203926000003/0001262039-26-000003-index.htm
FTNT Profile on Yahoo Finance finance.yahoo.com/quote/FTNT
FTNT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ftnt