Fortinet (FTNT) Acquisitions (2011 - 2025)
Fortinet's Acquisitions came in at $41.6 million for FY2025, down 84.9% from $275.5 million in FY2024.
Analysis
Fortinet (FTNT) Acquisitions (2011 - 2025) Analysis & Trends
Going back to FY2009, Fortinet's Acquisitions data covers 14 years.
- Acquisitions carries a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- The FY2025 figure represents the lowest annual Acquisitions since FY2022.
- Per Business Quant, earlier years put Acquisitions at $275.5 million in FY2024, $30.8 million in FY2022 (-58.9%) and $74.9 million in FY2021 (+86.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 100.00 Mn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | - |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | - |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 101.65 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 1.91 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 9.24 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | - |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 30.40 Mn |
| Mar 31, 2025 | 11.20 Mn |
| Dec 31, 2024 | 28.50 Mn |
| Sep 30, 2024 | 241.30 Mn |
| Mar 31, 2024 | 5.70 Mn |
| Dec 31, 2022 | 30.80 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 63.10 Mn |
| Mar 31, 2021 | 10.30 Mn |
| Dec 31, 2020 | 31.00 Mn |
| Sep 30, 2020 | 6.10 Mn |
| Mar 31, 2020 | 3.10 Mn |
| Dec 31, 2019 | 34.60 Mn |
| Dec 31, 2018 | 15.70 Mn |
| Dec 31, 2016 | 13,000.00 |
| Sep 30, 2016 | 1.43 Mn |
| Sep 30, 2015 | 38.03 Mn |
| Mar 31, 2014 | 17,000.00 |
| Sep 30, 2013 | 1.65 Mn |
| Jun 30, 2013 | 6,000.00 |
API Access
Fortinet Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=FTNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();