Fortinet's Revenue by Segment
In fiscal year 2024, Fortinet's revenue by segment (products & services) are as follows:
- Product and maintenance: $4.21 B
- Technology Service: $427.76 M
Learn more about Fortinet’s Revenue by Geography
Check out competitors to Fortinet in a side-by-side comparison.
Explore additional financial metrics for Fortinet.
Fortinet's Revenue Share by Segment
| Product and maintenance | 3340197000 |
|---|---|
| Technology Service | 221521000 |
| Product and maintenance | 3834359000 |
|---|---|
| Technology Service | 255627000 |
| Product and maintenance | 4213509000 |
|---|---|
| Technology Service | 427755000 |
The above chart shows Fortinet's revenue percentage share by segment (products and services).
In fiscal year 2022, Fortinet's revenue by segment is as follows:
- Product and maintenance generated $3.34 B in revenue, representing 93.78% of its total revenue.
- Technology Service generated $221.52 M in revenue, representing 6.22% of its total revenue.
The biggest segment for Fortinet is the Product and maintenance, which represents 93.78% of its total revenue.
The smallest segment for Fortinet is the Technology Service, which represents 6.22% of its total revenue.
The above chart shows Fortinet's revenue percentage share by segment (products and services).
In fiscal year 2023, Fortinet's revenue by segment is as follows:
- Product and maintenance generated $3.83 B in revenue, representing 93.75% of its total revenue.
- Technology Service generated $255.63 M in revenue, representing 6.25% of its total revenue.
The biggest segment for Fortinet is the Product and maintenance, which represents 93.75% of its total revenue.
The smallest segment for Fortinet is the Technology Service, which represents 6.25% of its total revenue.
The above chart shows Fortinet's revenue percentage share by segment (products and services).
In fiscal year 2024, Fortinet's revenue by segment is as follows:
- Product and maintenance generated $4.21 B in revenue, representing 90.78% of its total revenue.
- Technology Service generated $427.76 M in revenue, representing 9.22% of its total revenue.
The biggest segment for Fortinet is the Product and maintenance, which represents 90.78% of its total revenue.
The smallest segment for Fortinet is the Technology Service, which represents 9.22% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Product and maintenance | 93.78% | 93.75% | 90.78% |
| Technology Service | 6.22% | 6.25% | 9.22% |
| Total Revenue | 100% | 100% | 100% |
Fortinet's Segments Revenue Trend
The above chart shows the revenue trend of different segments of Fortinet.
In fiscal year 2024, the Product and maintenance generated the most revenue ($4.21 B), and the Technology Service generated the least revenue ($427.76 M).
Fortinet's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
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