Fortinet, Inc.FTNTNASDAQ
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Cost of Revenue Over TimeExpanding
Percentile Rank100
3Y CAGR+6.3%
5Y CAGR+18.0%
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+6.3%/yr
vs +24.6%/yr prior
5Y CAGR
+18.0%/yr
Recent deceleration
Acceleration
-18.3pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.3x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$1.30B+12.5%
2024$1.16B-6.4%
2023$1.24B+14.0%
2022$1.08B+38.6%
2021$783.00M+37.4%
2020$570.00M+12.7%
2019$505.90M+12.3%
2018$450.40M+16.9%
2017$385.30M+14.1%
2016$337.80M-