Fortinet (FTNT) Revenue (2010 - 2026)
Fortinet's (FTNT) quarterly Revenue came in at $1.8 billion in Q1 2026, up 20.13% year-on-year from $1.5 billion in Q1 2025, and down 2.91% quarter-over-quarter from $1.9 billion in Q4 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.
- On a quarterly basis, Revenue rose 20.13% year-over-year to $1.8 billion in Q1 2026; TTM through Mar 2026 was $7.1 billion, a 57.53% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, up 14.17% from the prior year.
- Revenue retreated to $1.8 billion in Q1 2026 per FTNT's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Revenue topped out at $1.9 billion in Q4 2025 and bottomed at $31.1 million in Q4 2024.
- The 5-year median for Revenue is $1.4 billion (2024), against an average of $1.3 billion.
- Across the five-year window, Revenue sank 97.8% in 2024 and soared 6025.4% in 2025, its largest moves.
- Year by year, Revenue stood at $1.3 billion in 2022, then advanced by 10.3% to $1.4 billion in 2023, then sank 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.
- Per Business Quant, the three latest FTNT Revenue figures stand at $1.8 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.7 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 82.89 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 951.14 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 19.18 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 1.63 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 2.59 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 1.31 Bn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 1.85 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 639.76 Mn |
| 10 | Synopsys | 72.71 Bn | 70.50 Bn | 1.77 Bn | 2.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 867.20 Mn |
| Jun 30, 2021 | 801.10 Mn |