Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 92.77 USD -1.33% Market Closed
Market Cap: 71B USD
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Fortinet Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Fortinet Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Fortinet Inc
NASDAQ:FTNT
Revenue
$5.7B
CAGR 3-Years
22%
CAGR 5-Years
23%
CAGR 10-Years
23%
Oracle Corp
NYSE:ORCL
Revenue
$53.8B
CAGR 3-Years
10%
CAGR 5-Years
6%
CAGR 10-Years
3%
ServiceNow Inc
NYSE:NOW
Revenue
$10.5B
CAGR 3-Years
24%
CAGR 5-Years
27%
CAGR 10-Years
33%
Palo Alto Networks Inc
NASDAQ:PANW
Revenue
$8.3B
CAGR 3-Years
22%
CAGR 5-Years
22%
CAGR 10-Years
29%
Microsoft Corp
NASDAQ:MSFT
Revenue
$254.2B
CAGR 3-Years
13%
CAGR 5-Years
14%
CAGR 10-Years
11%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Revenue
$3.5B
CAGR 3-Years
46%
CAGR 5-Years
59%
CAGR 10-Years
N/A
No Stocks Found

Fortinet Inc
Revenue Breakdown

Breakdown by Geography
Fortinet Inc

Total Revenue: 5.3B USD
100%
Americas: 2.2B USD
41%
EMEA: 2.1B USD
39.1%
Apac: 1.1B USD
19.9%

Breakdown by Segments
Fortinet Inc

Total Revenue: 5.3B USD
100%
Service: 3.4B USD
63.7%
Product: 1.9B USD
36.3%

Fortinet Inc
Glance View

Market Cap
70.8B USD
Industry
Technology

Fortinet Inc. is a leading cybersecurity company that has carved out a significant niche in protecting digital assets from evolving threats. Founded in 2000 by brothers Ken and Michael Xie, Fortinet's innovative approach combines high-performance hardware and software solutions to deliver comprehensive security services for enterprises of all sizes. The company’s flagship product, FortiGate, is a next-generation firewall that seamlessly integrates intrusion prevention, VPN, and antivirus capabilities. With the rise of remote work and an increasingly interconnected world, Fortinet's solutions have become essential for businesses looking to safeguard sensitive data against cybercriminals who exploit vulnerabilities in network infrastructures. As cyber threats continue to escalate, Fortinet's market opportunity grows, placing it at the forefront of the cybersecurity landscape. From an investment perspective, Fortinet is a company that demonstrates a strong commitment to growth and customer satisfaction, evidenced by its rapidly expanding client base and impressive financial performance. In recent years, Fortinet has consistently reported double-digit revenue growth, driven by increased demand for its comprehensive security solutions amid the global shift to digitization. Moreover, the company's dedication to innovation is reflected in its robust research and development investments, which enable it to stay ahead in a competitive industry. With a solid balance sheet and a strategic focus on enhancing its product offerings through machine learning and artificial intelligence, Fortinet presents an attractive opportunity for investors looking to venture into the dynamic cybersecurity sector.

FTNT Intrinsic Value
59.47 USD
Overvaluation 36%
Intrinsic Value
Price

See Also

What is Fortinet Inc's Revenue?
Revenue
5.7B USD

Based on the financial report for Sep 30, 2024, Fortinet Inc's Revenue amounts to 5.7B USD.

What is Fortinet Inc's Revenue growth rate?
Revenue CAGR 10Y
23%

Over the last year, the Revenue growth was 10%. The average annual Revenue growth rates for Fortinet Inc have been 22% over the past three years , 23% over the past five years , and 23% over the past ten years .

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