Fortinet
Fortinet is a global leader in cybersecurity that drives the convergence of networking and security through its integrated platform, the Fortinet Security Fabric. The company provides high-performance security solutions across diverse environments, including branch, campus, data center, and cloud, leveraging proprietary ASIC technology and a unified operating system. Its core value proposition centers on reducing complexity and improving risk mitigation for enterprises, service providers, and government organizations.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Secure Networking
primaryFocuses on the convergence of networking and security via the FortiOS operating system, delivered through physical appliances, virtual machines, or cloud-based solutions. This segment leverages proprietary FortiASIC technology to accelerate performance for network firewalls and secure connectivity.
FortiGate, FortiSwitch, FortiLink, FortiExtender, FortiAP
Enterprises, Communication Service Providers, Government Organizations, Small and Medium Businesses
Unified Secure Access Service Edge (SASE)
majorProvides a cloud-centric architecture that integrates networking and security functions like SD-WAN and SSE into a single-vendor framework. It enables secure access for hybrid workforces and protects applications from code to cloud using a global network of points of presence.
FortiSASE, FortiGate SD-WAN, FortiWeb, FortiCNAPP
Hybrid Enterprises, Cloud-native Businesses, Managed Security Service Providers
AI-Driven Security Operations (SecOps)
majorA suite of solutions designed to identify, detect, and respond to threats through automation and centralized analytics. These offerings utilize artificial intelligence to streamline Security Operations Center (SOC) activities and provide defense-in-depth across endpoints and networks.
FortiAnalyzer, FortiSIEM, FortiSOAR, FortiEndpoint, FortiNDR, FortiSandbox, FortiDeceptor, FortiAI
Large Enterprises, Financial Services, Healthcare Organizations, Critical Infrastructure Providers
Security and Support Services
majorProvides AI-powered threat intelligence, technical support, and managed services to ensure effective operation of the Security Fabric. This includes real-time protection updates from FortiGuard Labs and various tiers of technical assistance.
FortiGuard Security Services, FortiCare Technical Support, SOC-as-a-Service (SOCaaS), Managed Detection and Response (MDR)
All Fortinet Product Customers
Segment Financials
Technical support and other — Total Revenue
View metricAPAC — Total Revenue
View metricOther Americas — Total Revenue
View metricSecurity subscription — Total Revenue
View metricBusiness Overview
Competitive Position
A leading provider of integrated cybersecurity platforms distinguished by proprietary ASIC hardware acceleration and a unified operating system (FortiOS).
Geographies
United States, Canada, Europe, Middle East, Africa, Asia-Pacific
Customer Segments
Enterprise, Government, Service Providers, SME
Upstream Dependencies
Contract Manufacturers (Accton, Wistron, Senao), Semiconductor Foundries (TSMC), Component Suppliers (Intel, AMD, Broadcom, Marvell, Qualcomm, Samsung), Cloud Infrastructure Providers (AWS, Azure, Google Cloud)
Downstream Customers
IT Distributors, Value-Added Resellers (VARs), Managed Security Service Providers (MSSPs), Direct Enterprise Customers
Competitors & Partners
Competitors
Palo Alto Networks, Inc.
PANW
Direct competitor in firewalls and SASE
Cisco Systems, Inc.
CSCO
Competitor in networking and security
CrowdStrike Holdings, Inc.
CRWD
Competitor in endpoint security and SecOps
Zscaler
ZS
Competitor in cloud security and SASE
Check Point Software Technologies
CHKP
Competitor in network security
Microsoft
MSFT
Competitor in enterprise security software
Partners
Amazon
AMZN
Public cloud provider for product delivery and integration
Microsoft
MSFT
Public cloud provider for product delivery and integration
Alphabet Inc.
GOOGL
Public cloud provider for product delivery and integration
Arrow Electronics
ARW
Technology distributor
TD SYNNEX
SNX
Technology distributor
Ingram Micro
INGM
Technology distributor
Fortinet FAQ
Common questions about Fortinet
Fortinet is a global leader in cybersecurity that drives the convergence of networking and security through its integrated platform, the Fortinet Security Fabric. The company provides high-performance security solutions across diverse environments, including branch, campus, data center, and cloud, leveraging proprietary ASIC technology and a unified operating system. Its core value proposition centers on reducing complexity and improving risk mitigation for enterprises, service providers, and government organizations.
Fortinet (FTNT) has a market capitalization of $79.0B and trades on NASDAQ.
Fortinet generated $7.1B in trailing twelve-month revenue with net income of $2.0B, representing a net margin of 27.5%. Gross margin stands at 80.3%, with free cash flow of $2.4B. These figures are based on the Q1 2026 filing.
Fortinet's key competitors include Palo Alto Networks, Inc., Cisco Systems, Inc., CrowdStrike Holdings, Inc., and others. These companies compete in similar markets and product categories.
Fortinet has approximately 13,522 employees.