Fortinet Cost of Goods Sold 2010-2025 | FTNT
Fortinet annual/quarterly cost of goods sold history and growth rate from 2010 to 2025. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Fortinet cost of goods sold for the quarter ending March 31, 2025 was $0.293B, a 3.81% decline year-over-year.
- Fortinet cost of goods sold for the twelve months ending March 31, 2025 was $1.146B, a 7.14% decline year-over-year.
- Fortinet annual cost of goods sold for 2024 was $1.158B, a 6.43% decline from 2023.
- Fortinet annual cost of goods sold for 2023 was $1.237B, a 14.04% increase from 2022.
- Fortinet annual cost of goods sold for 2022 was $1.085B, a 38.56% increase from 2021.
Fortinet Annual Cost of Goods Sold (Millions of US $) |
2024 |
$1,158 |
2023 |
$1,237 |
2022 |
$1,085 |
2021 |
$783 |
2020 |
$570 |
2019 |
$506 |
2018 |
$450 |
2017 |
$385 |
2016 |
$338 |
2015 |
$287 |
2014 |
$231 |
2013 |
$181 |
2012 |
$147 |
2011 |
$114 |
2010 |
$85 |
2009 |
$70 |
Fortinet Quarterly Cost of Goods Sold (Millions of US $) |
2025-03-31 |
$293 |
2024-12-31 |
$315 |
2024-09-30 |
$263 |
2024-06-30 |
$275 |
2024-03-31 |
$305 |
2023-12-31 |
$316 |
2023-09-30 |
$318 |
2023-06-30 |
$296 |
2023-03-31 |
$308 |
2022-12-31 |
$297 |
2022-09-30 |
$283 |
2022-06-30 |
$251 |
2022-03-31 |
$254 |
2021-12-31 |
$228 |
2021-09-30 |
$211 |
2021-06-30 |
$187 |
2021-03-31 |
$157 |
2020-12-31 |
$167 |
2020-09-30 |
$139 |
2020-06-30 |
$135 |
2020-03-31 |
$129 |
2019-12-31 |
$141 |
2019-09-30 |
$124 |
2019-06-30 |
$128 |
2019-03-31 |
$113 |
2018-12-31 |
$129 |
2018-09-30 |
$112 |
2018-06-30 |
$113 |
2018-03-31 |
$97 |
2017-12-31 |
$105 |
2017-09-30 |
$94 |
2017-06-30 |
$96 |
2017-03-31 |
$91 |
2016-12-31 |
$91 |
2016-09-30 |
$85 |
2016-06-30 |
$85 |
2016-03-31 |
$78 |
2015-12-31 |
$82 |
2015-09-30 |
$72 |
2015-06-30 |
$69 |
2015-03-31 |
$64 |
2014-12-31 |
$66 |
2014-09-30 |
$57 |
2014-06-30 |
$58 |
2014-03-31 |
$51 |
2013-12-31 |
$54 |
2013-09-30 |
$44 |
2013-06-30 |
$44 |
2013-03-31 |
$39 |
2012-12-31 |
$41 |
2012-09-30 |
$38 |
2012-06-30 |
$37 |
2012-03-31 |
$31 |
2011-12-31 |
$32 |
2011-09-30 |
$31 |
2011-06-30 |
$27 |
2011-03-31 |
$23 |
2010-12-31 |
$24 |
2010-09-30 |
$21 |
2010-06-30 |
$20 |
2010-03-31 |
$19 |
2009-12-31 |
$21 |
2009-09-30 |
$17 |
2009-06-30 |
$17 |
2009-03-31 |
$15 |
Sector |
Industry |
Market Cap |
Revenue |
Computer and Technology |
Security |
$77.904B |
$5.956B |
Fortinet, Inc. is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. The company's network security gateways protect customer data, reduce security complexities and lower the total cost of ownership.
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