Fortinet, Inc.
Close on Nov 2, 2026Market cap $92.60BP/E 44.4Yield –
Fortinet Full-Year Initial Non-GAAP Gross Margin Guidance by Year
Full-Year Initial Non-GAAP Gross Margin Guidance — High (%) (%)
Fortinet Full-Year Initial Non-GAAP Gross Margin Guidance: 81.0% in FY2026, unchanged from a year earlier. That is the highest of the 8 years on record here.
Where the FY2026 figure comes from
“Non-GAAP gross margin in the range of 79.0% to 81.0%”
Source: Fortinet Form 8-K (ftntq4-2025ex991.htm, filed 2026-02-05) ↗
Reported in SEC Form 8-K (EX-99.1) Q4 Full-Year Guidance Section.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Full-Year Initial Non-GAAP Gross Margin Guidance — High (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Dec 31, 2026 | 81.0% | 0.0 pts | Fortinet Form 8-K (ftntq4-2025ex991.htm, filed 2026-02-05) ↗ |
| FY2025 | Dec 31, 2025 | 81.0% | +3.0 pts | Fortinet Form 8-K (ftntq4-2024ex991.htm, filed 2025-02-06) ↗ |
| FY2024 | Dec 31, 2024 | 78.0% | +2.0 pts | Fortinet Form 8-K (ftntq4-2023ex991.htm, filed 2024-02-06) ↗ |
| FY2023 | Dec 31, 2023 | 76.0% | 0.0 pts | Fortinet Form 8-K (ftntq4-2022ex991.htm, filed 2023-02-07) ↗ |
| FY2022 | Dec 31, 2022 | 76.0% | -4.0 pts | Fortinet Form 8-K (ftntq4-2021ex991.htm, filed 2022-02-03) ↗ |
| FY2021 | Dec 31, 2021 | 80.0% | +1.5 pts | Fortinet Form 8-K (ftntq4-2020ex991.htm, filed 2021-02-04) ↗ |
| FY2020 | Dec 31, 2020 | 78.5% | +2.0 pts | Fortinet Form 8-K (ftntq4-2019ex991.htm, filed 2020-02-06) ↗ |
| FY2019 | Dec 31, 2019 | 76.5% | – | Fortinet Form 8-K (ftntq4-2018ex991.htm, filed 2019-02-06) ↗ |
Cite this data
StockData. (2026). Fortinet Full-Year Initial Non-GAAP Gross Margin Guidance (%), annual FY2019–FY2026 [Data set]. Compiled from Fortinet SEC filings and investor materials. https://stockdatahq.com/stocks/ftnt/kpis/sec-guide-fy-gm-high-70
See every metric in the Fortinet KPI table. Data updated Oct 28, 2026.