Fortinet, Inc. Revenue 2009-2025 | FTNT
What is revenue?
Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
What is Fortinet, Inc.'s current revenue?
Fortinet, Inc. (FTNT) annual revenue for 2024 was $5.96B, a 12.27% increase from 2023. Fortinet, Inc. revenue for the quarter ending September 30, 2025 was $1.72B.
What was Fortinet, Inc.'s revenue in 2023?
Fortinet, Inc. annual revenue for 2023 was $5.30B, a 20.09% increase from 2022.
What was Fortinet, Inc.'s revenue in 2022?
Fortinet, Inc. annual revenue for 2022 was $4.42B, a 32.17% increase from 2021.
What is Fortinet, Inc.'s 5-year revenue CAGR?
Fortinet, Inc. revenue grew at a compound annual growth rate (CAGR) of 22.46% from FY2019 to FY2024, going from $2.16B to $5.96B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $5.96B | +12.3% | 10-K |
| FY2023 | $5.30B | +20.1% | 10-K |
| FY2022 | $4.42B | +32.2% | 10-K |
| FY2021 | $3.34B | +28.8% | 10-K |
| FY2020 | $2.59B | +19.9% | 10-K |
| FY2019 | $2.16B | +19.9% | 10-K |
| FY2018 | $1.80B | +20.7% | 10-K |
| FY2017 | $1.49B | +17.2% | 10-K |
| FY2016 | $1.28B | +26.4% | 10-K |
| FY2015 | $1.01B | +31.0% | 10-K |
| FY2014 | $770.4M | +25.2% | 10-K |
| FY2013 | $615.3M | +15.3% | 10-K |
| FY2012 | $533.6M | +23.1% | 10-K |
| FY2011 | $433.6M | +33.5% | 10-K |
| FY2010 | $324.7M | +28.8% | 10-K |
| FY2009 | $252.1M | - | 10-K |