Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Fortinet revenue
Fortinet's revenue is $6.0 billion.
What is Fortinet's revenue?
- Fortinet's revenue growth from 2008 to 2024 is 2,712.11%.
- Fortinet has 9,700 employees, and the revenue per employee ratio is $614,000.
- Fortinet's peak quarterly revenue was $1.7B in 2024(q4).
- Fortinet peak revenue was $6.0B in 2024.
- Fortinet annual revenue for 2023 was 5.3B, 20.09% growth from 2022.
- Fortinet annual revenue for 2024 was 6.0B, 12.27% growth from 2023.
On this page
Zippia finds jobs where you're a top candidate and applies on your behalf.
Fortinet historical revenue
Fortinet's peak revenue was $6.0B in 2024. The peak quarterly revenue was $1.7B in 2024(q4).
Fortinet's revenue increased from $211.8m in 2008 to $6.0B currently. That's a 2,712.11% change in annual revenue.
Fortinet annual revenue
Fortinet annual revenue over time
| Fiscal year / year | Fortinet revenue |
|---|---|
| 2009 | $252.1M |
| 2010 | $324.7M |
| 2011 | $433.6M |
| 2012 | $533.6M |
| 2013 | $615.3M |
| 2014 | $770.4M |
| 2015 | $1.0B |
| 2016 | $1.3B |
| 2017 | $1.5B |
| 2018 | $1.8B |
| 2019 | $2.2B |
| 2020 | $2.6B |
| 2021 | $3.3B |
| 2022 | $4.4B |
| 2023 | $5.3B |
| 2024 | $6.0B |
Rate Fortinet's financial transparency
Fortinet annual growth
Fortinet saw the greatest revenue growth in 2011, when revenue increased by 33.53%.
Fortinet had the lowest revenue growth in 2013, when revenue changed by 15.3%.
Fortinet annual growth rate over time
| Year | Fortinet growth |
|---|---|
| 2009 | 19%↑ |
| 2010 | 29%↑ |
| 2011 | 34%↑ |
| 2012 | 23%↑ |
| 2013 | 15%↑ |
| 2014 | 25%↑ |
| 2015 | 31%↑ |
| 2016 | 26%↑ |
| 2017 | 17%↑ |
| 2018 | 21%↑ |
| 2019 | 20%↑ |
| 2020 | 20%↑ |
| 2021 | 29%↑ |
| 2022 | 32%↑ |
| 2023 | 20%↑ |
| 2024 | 12%↑ |
Fortinet quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Fortinet quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | - | - | - | $70.7M |
| 2010 | $69.8M | $76.3M | $85.0M | $93.6M |
| 2011 | $93.3M | $103.0M | $116.4M | $120.9M |
| 2012 | $117.2M | $129.0M | $136.3M | $151.2M |
| 2013 | $135.8M | $147.4M | $154.7M | $177.4M |
| 2014 | $168.9M | $184.1M | $193.3M | $224.0M |
| 2015 | $212.9M | $239.8M | $260.1M | $296.5M |
| 2016 | $284.6M | $311.4M | $316.6M | $362.8M |
| 2017 | $340.6M | $363.5M | $374.2M | $416.6M |
| 2018 | $399.0M | $441.3M | $453.9M | $510.4M |
| 2019 | $472.6M | $521.7M | $548.1M | $618.1M |
| 2020 | $577.7M | $617.6M | $651.1M | $748.0M |
| 2021 | $710.3M | $801.1M | $865.8M | $965.8M |
| 2022 | $954.8M | $1.0B | $1.1B | $1.3B |
| 2023 | $1.3B | $1.3B | $1.3B | $1.4B |
| 2024 | $1.4B | $1.4B | $1.5B | $1.7B |
Fortinet jobs nearby
Do you work at Fortinet?
Is Fortinet transparent about its revenue structure?
Fortinet financial information
| CEO | Ken Xie |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 9,700 |
| Date Founded | 2000 |
| Headquarters | Sunnyvale, California |
| Number of Locations | 10 |
| Revenue | $6.0B |
| Net Income | $857,300,000 |
| Gross Proft | $4.8B (2024) |
| PE Ratio | 8.21 |
| Tax Rate | 0.1% |
| Market Capitalization | $14.3B |
| Total Assets | $6,228,000,000 |
| Ticker | FTNT |
Fortinet jobs you might like
Fortinet financing
Fortinet received early financing of $9.0M on 2002-07-16.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $9M | 07/2002 |
| Series Unknown | $30M | 08/2003 |
| Series Unknown | $50M | 03/2004 |
Fortinet investors
| Investors | Security type |
|---|---|
| Forval Creative | Series Unknown |
| DEFTA Partners | Series Unknown |
| DCM | Series Unknown |
| DEFTA Partners | Series Unknown |
| Redpoint Ventures | Series Unknown |
| Acorn Campus | Series Unknown |
| Meritech Capital Partners | Series Unknown |
| DEFTA Partners | Series Unknown |
| Redpoint Ventures | Series Unknown |
| Acorn Campus | Series Unknown |
| Meritech Capital Partners | Series Unknown |
Fortinet competitors
Fortinet's top competitor, Cisco, earned an annual revenue of $53.8B.
Fortinet's smallest competitor is Akvelon with revenue of $7.8M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Juniper Networks | $120,409 | $5.1B | 9,400 | - |
| Proofpoint | $124,548 | $1.1B | 3,368 | 580 |
| FireEye | $117,239 | $831.0M | 3,000 | - |
| WatchGuard Technologies | $97,885 | $100.0M | 500 | - |
| Barracuda Networks | $84,951 | $352.7M | 1,490 | 51 |
| Palo Alto Networks | $131,646 | $8.0B | 11,098 | 1,200 |
| SolarWinds | $96,571 | $796.9M | 2,300 | 20 |
| Netgear | $134,655 | $673.8M | 1,008 | 13 |
| Verisign | $109,136 | $1.6B | 1,019 | 15 |
| The Tipping Point | $93,188 | $19.0M | 750 | - |
Search for jobs
Related company revenues
Working at related companies
Related company jobs
Fortinet highest paying jobs
Zippia gives an in-depth look into the details of Fortinet, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fortinet. The employee data is based on information from people who have self-reported their past or current employments at Fortinet. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fortinet. The data presented on this page does not represent the view of Fortinet and its employees or that of Zippia.
Fortinet may also be known as or be related to Fortinet, Fortinet Inc and Fortinet, Inc.