Fortinet (FTNT) Revenue (2010 - 2026)
Fortinet (FTNT) posted Revenue of $2.0 billion for Q2 2026, up 10.72% on a QoQ basis from $1.8 billion in Q1 2026, and up 25.64% year-over-year from $1.6 billion in Q2 2025.
Analysis
Fortinet (FTNT) Revenue (2010 - 2026) Analysis & Trends
Fortinet has reported Revenue for 17 years, with the latest figure at $2.0 billion in Q2 2026.
- On a quarterly basis, Revenue rose 25.64% year-over-year to $2.0 billion in Q2 2026; TTM through Jun 2026 was $7.5 billion, a 59.85% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, up 14.17% from the prior year.
- Revenue was $2.0 billion for Q2 2026 at Fortinet, up from $1.8 billion in the prior quarter.
- The five-year high for Revenue was $2.0 billion in Q2 2026, with the low at $31.1 million in Q4 2024.
- Average Revenue over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Revenue plunged 97.8% in 2024, then surged 6025.4% in 2025.
- Over 5 years, Revenue stood at $1.3 billion in 2022, then climbed by 10.3% to $1.4 billion in 2023, then slumped by 97.8% to $31.1 million in 2024, then soared by 6025.4% to $1.9 billion in 2025, then grew by 7.5% to $2.0 billion in 2026.
- The last three Revenue figures came in at $2.0 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 265.43 Bn | 262.32 Bn | 2.03 Bn | 3.00 Bn |
| 2 | CrowdStrike Holdings | 212.52 Bn | 207.51 Bn | 1.10 Bn | 1.47 Bn |
| 3 | Fortinet | 112.91 Bn | 108.84 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Axon Enterprise | 41.25 Bn | 40.58 Bn | 546.45 Mn | 904.39 Mn |
| 5 | Zscaler | 25.72 Bn | 22.25 Bn | - | - |
| 6 | F5 | 22.11 Bn | 20.50 Bn | 711.51 Mn | 865.08 Mn |
| 7 | Rubrik | 18.81 Bn | 17.06 Bn | 335.12 Mn | 427.26 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.26 Bn | 1.03 Bn | 1.34 Bn |
| 9 | Check Point Software Technologies | 14.24 Bn | 11.96 Bn | 574.10 Mn | 673.60 Mn |
| 10 | SentinelOne | 6.59 Bn | 5.93 Bn | 210.42 Mn | 291.98 Mn |
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 | 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 |