Fortinet, Inc. FTNT
173.46
(5.21)
(2.92%)
as of 25 Sep
- Market cap
- $130.0B
- P/E
- 60.7×
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Fortinet, Inc. (FTNT) Revenue growth
Fortinet, Inc.'s revenue growth over the twelve months to 30 June 2026 was 18.8%, up 4.6 percentage points from fiscal 2025 (14.2%). Over the past ten years it has ranged from 12.3% (fiscal 2024) to 32.2% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Software Infrastructure industry median of 13.4% and above the Technology sector median of 11.9%.
Revenue growth, annual
Annual
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 14.2% | 1.90 |
| FY2024 | 12.3% | (7.82) |
| FY2023 | 20.1% | (12.08) |
| FY2022 | 32.2% | 3.35 |
| FY2021 | 28.8% | 8.88 |
| FY2020 | 19.9% | 0.08 |
| FY2019 | 19.9% | (0.86) |
| FY2018 | 20.7% | 3.51 |
| FY2017 | 17.2% | (9.16) |
| FY2016 | 26.4% | (4.64) |
Quarterly
| Period | Revenue growth | Change (points) |
|---|---|---|
| Jun 2026 | 25.6% | 5.51 |
| Mar 2026 | 20.1% | 5.38 |
| Dec 2025 | 14.8% | 0.37 |
| Sep 2025 | 14.4% | 0.74 |
| 42 more quarters | Free account |
Against its own ten years
Low 12.3%
High 32.2%
Ten-year median
20.1%
Current reading's percentile
18
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| NBIS Nebius Group N.V. compare | 511.5% |
| CRWV CoreWeave Inc. compare | 115.3% |
| SNPS Synopsys, Inc. compare | 46.3% |
| NET Cloudflare, Inc. compare | 33.5% |
| PANW Palo Alto Networks, Inc. compare | 24.5% |
| CRWD CrowdStrike compare | 24.3% |
| FTNT Fortinet, Inc. | 18.8% |
| TWLO Twilio Inc. compare | 17.8% |
| XYZ Block, Inc. compare | 5.07% |
| Software Infrastructure industry median | 13.4% |
| Technology sector median | 11.9% |
| Market median | 7.41% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
More on FTNT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- The full statement