Fortinet (FTNT) Revenue (2010 - 2026)
Fortinet (FTNT) recorded Revenue of $2.05 billion in Q2 2026, up 25.6% from $1.63 billion a year earlier and up 10.7% from the prior quarter.
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Analysis
Fortinet (FTNT) Revenue (2010 - 2026) Analysis & Trends
On a TTM basis, Fortinet's Revenue came in at $7.53 billion as of Jun 30, 2026, up 18.8% year-over-year; for FY2025, it was $6.8 billion, up 14.2% from FY2024.
- Annual Revenue has increased for 16 straight years, with a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- Across earlier years, Revenue came in at $5.96 billion in FY2024 (+12.3%), $5.3 billion in FY2023 (+20.1%), $4.42 billion in FY2022 (+32.2%) and $3.34 billion in FY2021 (+28.8%).
- The Q2 2026 figure is the highest quarterly Revenue in data going back to Q2 2010.
- On a year-over-year basis, Revenue has increased for 61 consecutive quarters, with growth averaging 16.6% over the last eight quarters.
- The year-over-year growth in Revenue has ranged between 7.2% (Q1 2024) and 34.4% (Q1 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $1.85 billion (Q1 2026), $1.91 billion (Q4 2025) and $1.72 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 3.41 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 1.47 Bn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | 1.55 Bn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 1.12 Bn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 904.39 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 771.77 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 805.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 4.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.05 Bn |
| Mar 31, 2026 | 1.85 Bn |
| Dec 31, 2025 | 1.91 Bn |
| Sep 30, 2025 | 1.72 Bn |
| Jun 30, 2025 | 1.63 Bn |
| Mar 31, 2025 | 1.54 Bn |
| Dec 31, 2024 | 1.66 Bn |
| Sep 30, 2024 | 1.51 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 1.42 Bn |
| Sep 30, 2023 | 1.33 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.28 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 1.03 Bn |
| Mar 31, 2022 | 954.80 Mn |
| Dec 31, 2021 | 963.60 Mn |
| Sep 30, 2021 | 867.20 Mn |
API Access
Fortinet Revenue 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=revenue&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();