Fortinet, Inc. FTNT

173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

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|

The full definition of Revenue growth →

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