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 June 30, 2025 was $0.315B, a 14.51% increase year-over-year.
  • Fortinet cost of goods sold for the twelve months ending June 30, 2025 was $1.186B, a 2.26% 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 $)
2025-06-30 $315
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 Internet Software $45.997B $4.417B
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.
Stock Name Country Market Cap PE Ratio
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PayPal Holdings (PYPL) United States $69.385B 17.70
Palo Alto Networks (PANW) United States $64.682B 213.62
Workday (WDAY) United States $59.388B 0.00
Snowflake (SNOW) United States $50.948B 0.00
Atlassian (TEAM) United States $50.407B 0.00
CrowdStrike (CRWD) United States $34.589B 0.00
Sea (SE) Singapore $32.378B 0.00
Veeva Systems (VEEV) United States $31.082B 80.83
Datadog (DDOG) United States $28.338B 0.00
MongoDB (MDB) United States $26.129B 0.00
HubSpot (HUBS) United States $24.213B 0.00
Cloudflare (NET) United States $22.102B 0.00
Zoom Video Communications (ZM) United States $20.099B 157.09
Pinterest (PINS) United States $18.318B 0.00
Paycom Software (PAYC) United States $17.630B 54.29
Snap (SNAP) United States $17.104B 0.00
Splunk (SPLK) United States $16.593B 0.00
Topicus (TOITF) Canada $16.089B 104.10
Unity Software (U) United States $14.913B 0.00
Bentley Systems (BSY) United States $14.272B 75.60
Nice (NICE) Israel $13.725B 38.52
Samsara (IOT) United States $13.039B 0.00
Aspen Technology (AZPN) United States $12.005B 39.46
BILL Holdings (BILL) United States $11.619B 0.00
Ceridian HCM (CDAY) United States $11.588B 930.88
Paylocity Holding (PCTY) United States $11.212B 71.10
Twilio (TWLO) United States $10.742B 0.00
Toast (TOST) United States $10.726B 0.00
F5 (FFIV) United States $9.477B 20.95
GitLab (GTLB) United States $6.945B 0.00
Monday (MNDY) Israel $6.821B 0.00
KANZHUN LIMITED (BZ) China $6.323B 280.83
Freshworks (FRSH) United States $6.245B 0.00
AppFolio (APPF) United States $6.243B 0.00
Informatica (INFA) United States $6.015B 0.00
New Relic (NEWR) United States $5.906B 0.00
Workiva (WK) United States $5.702B 0.00
HashiCorp (HCP) United States $5.536B 0.00
DoubleVerify Holdings (DV) United States $5.472B 108.97
Smartsheet (SMAR) United States $5.438B 0.00
Tenable Holdings (TENB) United States $5.299B 0.00
Five9 (FIVN) United States $5.044B 0.00
Alight (ALIT) United States $4.731B 26.56
Kingdee Software Group (KGDEY) China $4.676B 0.00
Asana (ASAN) United States $4.673B 0.00
Clarivate (CLVT) United Kingdom $4.463B 9.57
Box (BOX) United States $4.426B 509.33
StoneCo (STNE) Cayman Islands $4.304B 38.25
Paycor HCM (PYCR) United States $4.196B 792.33
Clearwater Analytics Holdings (CWAN) United States $4.002B 0.00
Appian (APPN) United States $3.520B 0.00
NCino (NCNO) United States $3.355B 0.00
Evolent Health (EVH) United States $3.255B 44.45
Ziff Davis (ZD) United States $3.210B 12.22
DigitalOcean Holdings (DOCN) United States $3.203B 300.58
BlackLine (BL) United States $3.174B 0.00
Rumble (RUM) United States $3.152B 0.00
JFrog (FROG) United States $2.873B 0.00
ODDITY Tech (ODD) Israel $2.873B 0.00
EngageSmart (ESMT) United States $2.833B 105.81
Calix (CALX) United States $2.772B 63.33
Fastly (FSLY) United States $2.702B 0.00
Vertex (VERX) United States $2.694B 177.70
Bumble (BMBL) United States $2.475B 51.40
Rapid7 (RPD) United States $2.401B 0.00
Intapp (INTA) United States $2.250B 0.00
PagerDuty (PD) United States $2.218B 0.00
AvidXchange Holdings (AVDX) United States $2.181B 0.00
Alteryx (AYX) United States $2.175B 0.00
EverCommerce (EVCM) United States $2.095B 0.00
Hello Group (MOMO) China $1.955B 9.02
Magnite (MGNI) United States $1.924B 78.83
SolarWinds (SWI) United States $1.917B 29.27
ForgeRock (FORG) United States $1.890B 0.00
Getty Images Holdings (GETY) United States $1.866B 19.58
Compass (COMP) United States $1.775B 0.00
Udemy (UDMY) United States $1.633B 0.00
Kingsoft Cloud Holdings (KC) China $1.568B 0.00
Alkami Technology (ALKT) United States $1.499B 0.00
E2open Parent Holdings (ETWO) United States $1.471B 21.09
Zuora (ZUO) United States $1.431B 0.00
SEMrush Holdings (SEMR) United States $1.388B 0.00
Model N (MODN) United States $1.214B 0.00
Chegg (CHGG) United States $1.206B 58.11
Soho House & Co (SHCO) United Kingdom $1.200B 0.00
Olo (OLO) United States $1.171B 0.00
Docebo (DCBO) Canada $1.160B 196.67
Nextdoor Holdings (KIND) United States $1.086B 0.00
Arlo Technologies (ARLO) United States $1.054B 0.00
Digital Turbine (APPS) United States $1.016B 16.61
Grindr (GRND) United States $1.015B 0.00
Enfusion (ENFN) United States $1.015B 97.00
VTEX (VTEX) United Kingdom $0.983B 0.00
PubMatic (PUBM) $0.964B 71.39
Planet Labs PBC (PL) United States $0.952B 0.00
Everbridge (EVBG) United States $0.929B 0.00
Tuya (TUYA) China $0.841B 0.00
Thryv Holdings (THRY) United States $0.833B 9.41
Yalla Group (YALA) $0.786B 10.96
I3 Verticals (IIIV) United States $0.780B 26.65
Radware (RDWR) Israel $0.745B 0.00
Riskified (RSKD) Israel $0.738B 0.00
Couchbase (BASE) United States $0.714B 0.00
Arco Platform (ARCE) Brazil $0.665B 0.00
Consensus Cloud Solutions (CCSI) United States $0.609B 8.38
Domo (DOMO) United States $0.577B 0.00
ONESPAN INC (OSPN) United States $0.540B 0.00
CS Disco (LAW) United States $0.521B 0.00
8x8 Inc (EGHT) United States $0.490B 0.00
Materialise (MTLS) Belgium $0.439B 0.00
ON24 (ONTF) United States $0.365B 0.00
Cognyte Software (CGNT) Israel $0.359B 0.00
2U (TWOU) United States $0.344B 0.00
Jiayin Group (JFIN) China $0.334B 1.75
Blend Labs (BLND) United States $0.307B 0.00
Kaltura (KLTR) United States $0.287B 0.00
HEYU BIOLOGICAL TECHNOLOGY CORP (HYBT) China $0.276B 0.00
Arteris (AIP) United States $0.256B 0.00
Rimini Street (RMNI) United States $0.236B 7.16
EGain (EGAN) United States $0.234B 0.00
D-Wave Quantum (QBTS) Canada $0.224B 0.00
Rekor Systems (REKR) United States $0.178B 0.00
Edgio (EGIO) United States $0.172B 0.00
Backblaze (BLZE) United States $0.167B 0.00
MiX Telematics (MIXT) United States $0.156B 16.92
Innovid (CTV) Israel $0.150B 0.00
Semantix (STIX) Brazil $0.140B 0.00
ZeroFox Holdings (ZFOX) United States $0.140B 0.00
TIAN GE INTERAC (TGRVF) China $0.137B 0.00
Porch (PRCH) United States $0.116B 0.00
FG Merger (FGMC) United States $0.107B 0.00
Sangoma Technologies (SANG) Canada $0.107B 0.00
Social Leverage Acquisition Corp I (SLAC) United States $0.104B 0.00
Upland Software (UPLD) United States $0.103B 5.32
Synchronoss Technologies (SNCR) United States $0.088B 0.00
Inseego (INSG) United States $0.086B 0.00
KOREs (KORE) United States $0.085B 0.00
GAN (GAN) United States $0.081B 0.00
SurgePays (SURG) United States $0.079B 14.95
Cheetah Mobile (CMCM) China $0.076B 0.00
Innovative Beverages (QUBT) United States $0.071B 0.00
Audioeye (AEYE) United States $0.064B 0.00
MariaDB (MRDB) United States $0.061B 0.00
ARB IOT Group (ARBB) $0.060B 0.00
Phunware (PHUN) United States $0.039B 0.00
MIND C.T.I (MNDO) Israel $0.039B 7.68
Near Intelligence (NIR) United States $0.037B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.035B 0.00
Moatable (MTBL) United States $0.031B 0.00
VirnetX Holding Corp (VHC) United States $0.031B 0.00
CISO Global (CISO) United States $0.029B 0.00
Aurora Mobile (JG) China $0.029B 0.00
OMNIQ (OMQS) United States $0.025B 0.00
Wireless Ronin Technologies (CREX) United States $0.022B 0.00
Iveda Solutions (IVDA) United States $0.016B 0.00
DatChat (DATS) United States $0.010B 0.00
Sonic Foundry (SOFO) United States $0.010B 0.00
Amesite (AMST) United States $0.010B 0.00
Nogin (NOGN) United States $0.009B 0.00
Shiftpixy (PIXY) United States $0.008B 0.00
WeTrade Group (WETG) China $0.008B 0.00
SpringBig Holdings (SBIG) United States $0.008B 0.00
EzFill Holdings (EZFL) United States $0.007B 0.00
Locafy (LCFY) Australia $0.007B 0.00
WaveDancer (WAVD) United States $0.007B 0.00
Verb Technology (VERB) United States $0.005B 0.00
Versus Systems (VS) Canada $0.004B 0.00
SCWorx (WORX) United States $0.004B 0.00
My Size (MYSZ) Israel $0.003B 0.00
Sigma Additive Solutions (SASI) United States $0.003B 0.00
Oblong (OBLG) United States $0.003B 0.00
Powerbridge Technologies (PBTS) China $0.002B 0.00
Castlight Health, Inc (CSLT) United States $0.000B 0.00
Karooooo (KARO) Singapore $0.000B 21.32
Perfect (PERF) Taiwan $0.000B 0.00
Qutoutiao (QTT) China $0.000B 0.00
Cloopen (RAAS) China $0.000B 0.00
WalkMe (WKME) Israel $0.000B 0.00