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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