Fortinet's Revenue
- Fortinet's annual revenue was $5.96 B in fiscal year 2024. The annual revenue increased $651.00 M from $5.30 B (in 2023) to $5.96 B (in 2024), representing a 12.27% year-over-year growth.
- Fortinet's quarterly revenue was $1.72 B in the quarter ending Sep 2025. The quarterly revenue increased $216.80 M from $1.51 B (in Q3: June 2024) to $1.72 B (in Q3: June 2025), representing a 14.38% year-over-year growth.
- The highest annual revenue for Fortinet was $5.96 B in fiscal year 2024.
- The lowest annual revenue was $1.28 B in fiscal year 2016.
- The average revenue was $3.15 B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2016 - 2025):
Learn more about Fortinet's Revenue by Segment and Revenue by Region.
Check out competitors to Fortinet in a side-by-side comparison.
Explore additional financial metrics for Fortinet.
Definition of Revenue :
Fortinet's Revenue Trend
| 2015 | 1009268000.00 |
|---|---|
| 2016 | 1275400000.00 |
| 2017 | 1494900000.00 |
| 2018 | 1804600000.00 |
| 2019 | 2163000000.00 |
| 2020 | 2594400000.00 |
| 2021 | 3342200000.00 |
| 2022 | 4417400000.00 |
| 2023 | 5304800000.00 |
| 2024 | 5955800000.00 |
| Mar 2016 | 284576000.00 |
|---|---|
| Jun 2016 | 311391000.00 |
| Sep 2016 | 316646000.00 |
| Dec 2016 | 362830000.00 |
| Mar 2017 | 340600000.00 |
| Jun 2017 | 363500000.00 |
| Sep 2017 | 374200000.00 |
| Dec 2017 | 416668000.00 |
| Mar 2018 | 399000000.00 |
| Jun 2018 | 441300000.00 |
| Sep 2018 | 453900000.00 |
| Dec 2018 | 507000000.00 |
| Mar 2019 | 472600000.00 |
| Jun 2019 | 521700000.00 |
| Sep 2019 | 548100000.00 |
| Dec 2019 | 614400000.00 |
| Mar 2020 | 577700000.00 |
| Jun 2020 | 617600000.00 |
| Sep 2020 | 651100000.00 |
| Dec 2020 | 748000000.00 |
| Mar 2021 | 710300000.00 |
| Jun 2021 | 801100000.00 |
| Sep 2021 | 867200000.00 |
| Dec 2021 | 963600000.00 |
| Mar 2022 | 954800000.00 |
| Jun 2022 | 1030100000.00 |
| Sep 2022 | 1149500000.00 |
| Dec 2022 | 1283000000.00 |
| Mar 2023 | 1262300000.00 |
| Jun 2023 | 1292800000.00 |
| Sep 2023 | 1334600000.00 |
| Dec 2023 | 1415100000.00 |
| Mar 2024 | 1353300000.00 |
| Jun 2024 | 1434300000.00 |
| Sep 2024 | 1508100000.00 |
| Dec 2024 | 1660100000.00 |
| Mar 2025 | 1539700000.00 |
| Jun 2025 | 1630000000.00 |
| Sep 2025 | 1724900000.00 |
2024
Fortinet's annual revenue was $5.96 B in fiscal year 2024.
Fortinet's quarterly revenue was $1.35 B(Q1: Mar 2024), $1.43 B(Q2: Jun 2024), $1.51 B(Q3: Sep 2024), $1.66 B(Q4: Dec 2024) in fiscal year 2024.
2023
Fortinet's annual revenue was $5.30 B in fiscal year 2023.
Fortinet's quarterly revenue was $1.26 B(Q1: Mar 2023), $1.29 B(Q2: Jun 2023), $1.33 B(Q3: Sep 2023), $1.42 B(Q4: Dec 2023) in fiscal year 2023.
2022
Fortinet's annual revenue was $4.42 B in fiscal year 2022.
Fortinet's quarterly revenue was $954.80 M(Q1: Mar 2022), $1.03 B(Q2: Jun 2022), $1.15 B(Q3: Sep 2022), $1.28 B(Q4: Dec 2022) in fiscal year 2022.
2021
Fortinet's annual revenue was $3.34 B in fiscal year 2021.
Fortinet's quarterly revenue was $710.30 M(Q1: Mar 2021), $801.10 M(Q2: Jun 2021), $867.20 M(Q3: Sep 2021), $963.60 M(Q4: Dec 2021) in fiscal year 2021.
2020
Fortinet's annual revenue was $2.59 B in fiscal year 2020.
Fortinet's quarterly revenue was $577.70 M(Q1: Mar 2020), $617.60 M(Q2: Jun 2020), $651.10 M(Q3: Sep 2020), $748.00 M(Q4: Dec 2020) in fiscal year 2020.
2019
Fortinet's annual revenue was $2.16 B in fiscal year 2019.
Fortinet's quarterly revenue was $472.60 M(Q1: Mar 2019), $521.70 M(Q2: Jun 2019), $548.10 M(Q3: Sep 2019), $614.40 M(Q4: Dec 2019) in fiscal year 2019.
2018
Fortinet's annual revenue was $1.80 B in fiscal year 2018.
Fortinet's quarterly revenue was $399.00 M(Q1: Mar 2018), $441.30 M(Q2: Jun 2018), $453.90 M(Q3: Sep 2018), $507.00 M(Q4: Dec 2018) in fiscal year 2018.
2017
Fortinet's annual revenue was $1.49 B in fiscal year 2017.
Fortinet's quarterly revenue was $340.60 M(Q1: Mar 2017), $363.50 M(Q2: Jun 2017), $374.20 M(Q3: Sep 2017), $416.67 M(Q4: Dec 2017) in fiscal year 2017.
2016
Fortinet's annual revenue was $1.28 B in fiscal year 2016.
Fortinet's quarterly revenue was $284.58 M(Q1: Mar 2016), $311.39 M(Q2: Jun 2016), $316.65 M(Q3: Sep 2016), $362.83 M(Q4: Dec 2016) in fiscal year 2016.
Fortinet's Revenue (Year-over-Year Change)
| 2015 | 0 |
|---|---|
| 2016 | +26.37 |
| 2017 | +17.21 |
| 2018 | +20.72 |
| 2019 | +19.86 |
| 2020 | +19.94 |
| 2021 | +28.82 |
| 2022 | +32.17 |
| 2023 | +20.09 |
| 2024 | +12.27 |
| Q1: Mar 16 | 33.68 |
|---|---|
| Q2: Jun 16 | 29.86 |
| Q3: Sep 16 | 21.76 |
| Q4: Dec 16 | 22.36 |
| Q1: Mar 17 | 19.69 |
| Q2: Jun 17 | 16.73 |
| Q3: Sep 17 | 18.18 |
| Q4: Dec 17 | 14.84 |
| Q1: Mar 18 | 17.15 |
| Q2: Jun 18 | 21.40 |
| Q3: Sep 18 | 21.30 |
| Q4: Dec 18 | 21.68 |
| Q1: Mar 19 | 18.45 |
| Q2: Jun 19 | 18.22 |
| Q3: Sep 19 | 20.75 |
| Q4: Dec 19 | 21.18 |
| Q1: Mar 20 | 22.24 |
| Q2: Jun 20 | 18.38 |
| Q3: Sep 20 | 18.79 |
| Q4: Dec 20 | 21.74 |
| Q1: Mar 21 | 22.95 |
| Q2: Jun 21 | 29.71 |
| Q3: Sep 21 | 33.19 |
| Q4: Dec 21 | 28.82 |
| Q1: Mar 22 | 34.42 |
| Q2: Jun 22 | 28.59 |
| Q3: Sep 22 | 32.55 |
| Q4: Dec 22 | 33.15 |
| Q1: Mar 23 | 32.21 |
| Q2: Jun 23 | 25.50 |
| Q3: Sep 23 | 16.10 |
| Q4: Dec 23 | 10.30 |
| Q1: Mar 24 | 7.21 |
| Q2: Jun 24 | 10.95 |
| Q3: Sep 24 | 13.00 |
| Q4: Dec 24 | 17.31 |
| Q1: Mar 25 | 13.77 |
| Q2: Jun 25 | 13.64 |
| Q3: Sep 25 | 14.38 |
2024
Fortinet’s annual revenue increased +12.27% during fiscal year 2024 compared to 2023. It represents a growth of $651.00 M from $5.30 B (in 2023) to $5.96 B (in 2024).
2023
Fortinet’s annual revenue increased +20.09% during fiscal year 2023 compared to 2022. It represents a growth of $887.40 M from $4.42 B (in 2022) to $5.30 B (in 2023).
2022
Fortinet’s annual revenue increased +32.17% during fiscal year 2022 compared to 2021. It represents a growth of $1.08 B from $3.34 B (in 2021) to $4.42 B (in 2022).
2021
Fortinet’s annual revenue increased +28.82% during fiscal year 2021 compared to 2020. It represents a growth of $747.80 M from $2.59 B (in 2020) to $3.34 B (in 2021).
2020
Fortinet’s annual revenue increased +19.94% during fiscal year 2020 compared to 2019. It represents a growth of $431.40 M from $2.16 B (in 2019) to $2.59 B (in 2020).
2019
Fortinet’s annual revenue increased +19.86% during fiscal year 2019 compared to 2018. It represents a growth of $358.40 M from $1.80 B (in 2018) to $2.16 B (in 2019).
2018
Fortinet’s annual revenue increased +20.72% during fiscal year 2018 compared to 2017. It represents a growth of $309.70 M from $1.49 B (in 2017) to $1.80 B (in 2018).
2017
Fortinet’s annual revenue increased +17.21% during fiscal year 2017 compared to 2016. It represents a growth of $219.50 M from $1.28 B (in 2016) to $1.49 B (in 2017).
2016
Fortinet’s annual revenue increased +26.37% during fiscal year 2016 compared to 2015. It represents a growth of $266.13 M from $1.01 B (in 2015) to $1.28 B (in 2016).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $5.96 B | +12.27% |
| 2023 | $5.30 B | +20.09% |
| 2022 | $4.42 B | +32.17% |
| 2021 | $3.34 B | +28.82% |
| 2020 | $2.59 B | +19.94% |
| 2019 | $2.16 B | +19.86% |
| 2018 | $1.80 B | +20.72% |
| 2017 | $1.49 B | +17.21% |
| 2016 | $1.28 B | +26.37% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Sep 25 | $1.72 B | 14.38% |
| Q2: Jun 25 | $1.63 B | 13.64% |
| Q1: Mar 25 | $1.54 B | 13.77% |
| Q4: Dec 24 | $1.66 B | 17.31% |
| Q3: Sep 24 | $1.51 B | 13.00% |
| Q2: Jun 24 | $1.43 B | 10.95% |
| Q1: Mar 24 | $1.35 B | 7.21% |
| Q4: Dec 23 | $1.42 B | 10.30% |
| Q3: Sep 23 | $1.33 B | 16.10% |
| Q2: Jun 23 | $1.29 B | 25.50% |
| Q1: Mar 23 | $1.26 B | 32.21% |
| Q4: Dec 22 | $1.28 B | 33.15% |
| Q3: Sep 22 | $1.15 B | 32.55% |
| Q2: Jun 22 | $1.03 B | 28.59% |
| Q1: Mar 22 | $954.80 M | 34.42% |
| Q4: Dec 21 | $963.60 M | 28.82% |
| Q3: Sep 21 | $867.20 M | 33.19% |
| Q2: Jun 21 | $801.10 M | 29.71% |
| Q1: Mar 21 | $710.30 M | 22.95% |
| Q4: Dec 20 | $748.00 M | 21.74% |
| Q3: Sep 20 | $651.10 M | 18.79% |
| Q2: Jun 20 | $617.60 M | 18.38% |
| Q1: Mar 20 | $577.70 M | 22.24% |
| Q4: Dec 19 | $614.40 M | 21.18% |
| Q3: Sep 19 | $548.10 M | 20.75% |
| Q2: Jun 19 | $521.70 M | 18.22% |
| Q1: Mar 19 | $472.60 M | 18.45% |
| Q4: Dec 18 | $507.00 M | 21.68% |
| Q3: Sep 18 | $453.90 M | 21.30% |
| Q2: Jun 18 | $441.30 M | 21.40% |
| Q1: Mar 18 | $399.00 M | 17.15% |
| Q4: Dec 17 | $416.67 M | 14.84% |
| Q3: Sep 17 | $374.20 M | 18.18% |
| Q2: Jun 17 | $363.50 M | 16.73% |
| Q1: Mar 17 | $340.60 M | 19.69% |
| Q4: Dec 16 | $362.83 M | 22.36% |
| Q3: Sep 16 | $316.65 M | 21.76% |
| Q2: Jun 16 | $311.39 M | 29.86% |
| Q1: Mar 16 | $284.58 M | 33.68% |
