Company / Profit Margin
Fortinet Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
27.3%
FY2025
5-year range
15.3% / 29.3%
FY2021-FY2025
Trend
-7.0%
vs FY2024
Sector context
#21 of 295
Information Technology
What the data says
Among 295 Information Technology companies, Fortinet is in the top 7% for profit margin. Profit Margin has fluctuated over the past 10 years, ranging from 2.1% in FY2017 to 29.3% in FY2024.
Based on SEC 10-K filings.
27.3% in FY2025 with a 5-year CAGR of +8.4%. Top quartile in the Information Technology sector.
Improved from 18.2% to 27.3% over the past 2 years.
Information Technology sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- +8.4pp
- 5-Year Change
- +8.4pp
- 10-Year Change
- -
Sector benchmark
+109.7% above sector average
Key checks
Key Insights
- In FY2025, profit margin decreased 7.0% year-over-year.
- Currently 308.2pp above the Information Technology sector average.
- Peak profit margin was recorded in FY2024.
- Lowest profit margin in the period was in FY2017.
Company context
Key Data Points
- Strong profit margin: 28.6%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 254.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 27.3% | -7.0% |
| FY2024 | 29.3% | +61.3% |
| FY2023 | 18.2% | -3.6% |
| FY2022 | 18.8% | +22.8% |
| FY2021 | 15.3% | -18.5% |
| FY2020 | 18.8% | +22.8% |
| FY2019 | 15.3% | -17.3% |
| FY2018 | 18.6% | +783.8% |
| FY2017 | 2.1% | -36.2% |
| FY2016 | 3.3% | +316.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026