Fortinet (FTNT) Revenue (2010 - 2026)

Fortinet (FTNT) posted quarterly Revenue of $1.8 billion for Q1 2026, up 20.13% year-over-year from $1.5 billion in Q1 2025, and down 2.91% on a QoQ basis from $1.9 billion in Q4 2025.

Fortinet (FTNT) Revenue (2010 - 2026) Analysis & Trends

Fortinet (FTNT) has reported Revenue for 17 consecutive years, with $1.8 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Revenue rose 20.13% year-over-year to $1.8 billion; the TTM figure through Mar 2026 stood at $7.1 billion (up 57.53% YoY), while the FY2025 annual figure was $6.8 billion, up 14.17% from the prior year.
  • Revenue came in at $1.8 billion for Q1 2026 at Fortinet, down from $1.9 billion in the prior quarter.
  • The five-year high for Revenue was $1.9 billion in Q4 2025, with the low at $31.1 million in Q4 2024.
  • Average Revenue over 5 years is $1.3 billion, with a median of $1.4 billion recorded in 2024.
  • Across the five-year window, Revenue jumped 7268.59% in 2022 and slumped 97.8% in 2024, its largest moves.
  • Year by year, Revenue stood at $1.3 billion in 2022, then increased by 10.3% to $1.4 billion in 2023, then plunged by 97.8% to $31.1 million in 2024, then surged by 6025.4% to $1.9 billion in 2025, then declined by 2.91% to $1.8 billion in 2026.
  • According to Business Quant data, Revenue over the past three periods registered $1.8 billion, $1.9 billion, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 82.89 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.18 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.63 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 2.59 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.31 Bn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 1.85 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 639.76 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.41 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 6.06 Bn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn 2.08 Bn

Historic Data

Download Data
DateValue
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 31.10 Mn
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 44.40 Mn
Sep 30, 2021 15.60 Mn
Jun 30, 2021 801.10 Mn