Fortis Gross Profit Growth & History (FTS)
Fortis's gross profit was $8.53B for fiscal 2025.
View full Fortis company overviewFortis annual gross profit history
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.53B | $535.0M | +6.69% |
| 2024 | 2024-12-31 | $7.99B | $602.0M | +8.14% |
| 2023 | 2023-12-31 | $7.39B | $432.0M | +6.21% |
| 2022 | 2022-12-31 | $6.96B | $659.0M | +10.46% |
| 2021 | 2021-12-31 | $6.30B | $119.0M | +1.92% |
| 2020 | 2020-12-31 | $6.18B | $103.0M | +1.69% |
| 2019 | 2019-12-31 | $6.08B | $248.0M | +4.25% |
| 2018 | 2018-12-31 | $5.83B | −$6.0M | −0.10% |
| 2017 | 2017-12-31 | $5.84B | — | — |
Fortis quarterly gross profit
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.21B | $111.0M | +5.28% |
| Q1 2026 | 2026-03-31 | $2.33B | — | — |
| Q4 2025 | 2025-12-31 | $2.22B | — | — |
| Q3 2025 | 2025-09-30 | $2.18B | — | — |
| Q2 2025 | 2025-06-30 | $2.10B | $144.0M | +7.36% |
| Q2 2024 | 2024-06-30 | $1.96B | $150.0M | +8.30% |
| Q2 2023 | 2023-06-30 | $1.81B | $117.0M | +6.92% |
| Q2 2022 | 2022-06-30 | $1.69B | $153.0M | +9.95% |
| Q2 2021 | 2021-06-30 | $1.54B | −$26.0M | −1.66% |
| Q2 2020 | 2020-06-30 | $1.56B | $89.0M | +6.04% |
| Q2 2019 | 2019-06-30 | $1.47B | $39.0M | +2.72% |
| Q2 2018 | 2018-06-30 | $1.44B | — | — |
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.
Review Fortis source filings ↗