Fortinet (FTNT) Revenue (2010 - 2026)

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

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

Fortinet's Revenue history runs 17 years deep, the most recent figure standing at $1.8 billion for 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 was $1.8 billion for Q1 2026 at Fortinet, down from $1.9 billion in the prior quarter.
  • In the past five years, Revenue ranged from a high of $1.9 billion in Q4 2025 to a low of $31.1 million in Q4 2024.
  • Historically, Revenue has averaged $1.3 billion across 5 years, with a median of $1.4 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Revenue jumped 7268.59% in 2022, then sank 97.8% in 2024.
  • A 5-year view of Revenue shows it stood at $1.3 billion in 2022, then advanced by 10.3% to $1.4 billion in 2023, then tumbled by 97.8% to $31.1 million in 2024, then surged by 6025.4% to $1.9 billion in 2025, then decreased by 2.91% to $1.8 billion in 2026.
  • The last three Revenue figures came in at $1.8 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 82.89 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 11.71 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 17.19 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 1.63 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 2.59 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 1.31 Bn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 1.85 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 2.41 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 639.76 Mn
10 CoreWeave 53.50 Bn 51.24 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