Fortis Gross Profit Growth & History (FTS)

Fortis's gross profit was $8.53B for fiscal 2025.

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Fortis annual gross profit history

Fortis annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20252025-12-31$8.53B$535.0M+6.69%
20242024-12-31$7.99B$602.0M+8.14%
20232023-12-31$7.39B$432.0M+6.21%
20222022-12-31$6.96B$659.0M+10.46%
20212021-12-31$6.30B$119.0M+1.92%
20202020-12-31$6.18B$103.0M+1.69%
20192019-12-31$6.08B$248.0M+4.25%
20182018-12-31$5.83B−$6.0M−0.10%
20172017-12-31$5.84B

Fortis gross profit trends

Over the last five fiscal years, Fortis's gross profit increased from $6.18B to $8.53B, a change of $2.35B. The latest reported quarter, Q2 2026, shows $2.21B.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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