Fortinet, Inc. FTNT 69.9
Technology · NASDAQ · Data as of 2026-10-30
Fortinet, Inc. (FTNT) has delivered +21.8% annualized revenue growth, +56.4% earnings growth, and n/a dividend growth over 10 years of data. Ranked #266 of 1968 stocks overall and #32 of 362 in the Technology sector by Steady Score.
About Fortinet, Inc.
Company Overview
Fortinet provides cybersecurity products that protect networks, users, applications and cloud environments. Its FortiGate appliances combine firewall and related security functions, while the broader Security Fabric includes secure networking, endpoint, operations and cloud tools. Enterprises, service providers and government organizations deploy the products at offices, data centers and remote locations to control access and detect threats.
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Business Model & Revenue
Revenue comes from hardware products and recurring subscriptions and support. Appliances create an installed base that purchases threat-intelligence updates, security services, software licenses and technical support over contract terms. Fortinet also offers software and cloud-delivered services without dedicated hardware. Product shipments, billings, deferred revenue, renewals and adoption of additional modules drive results, while custom processors support appliance performance.
Key Facts & Market Position
Fortinet combines security and networking functions in an integrated architecture, positioning FortiGate as both a traffic-control and threat-prevention platform. Internally designed security processors differentiate many appliances. The large installed base supports recurring service revenue, but rapid threat evolution, software vulnerabilities, intense platform competition and channel execution require continuous investment.