Fortinet, Inc.
Explore Fortinet, Inc.
Core profile pages, annual revenue records, and related research hubs for this company.
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Fortinet, Inc.
Explore Fortinet, Inc.
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2024 Revenue
$5.8B
▲ 9% vs FY2023 ($5.4B)
Net Income: $1.1B
Source: Annual report / company filing
Fortinet, Inc. reported $5.8B in revenue for fiscal year 2024. This represents a growth of 9% compared to the 2023 figure of $5.4B. In 2025, revenue increased to $6.8B.
Revenue climbed 9.0% to $5.84 billion as service and subscription sales rose 16% to $2.64 billion while product revenue grew just 4% amid delayed hardware refresh cycles.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $6.8B | — | +16.4% |
| FY2024 | $5.8B | $1.1B | +9.0% |
| FY2023 | $5.4B | — | +21.3% |
| FY2022 | $4.4B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.