Price
$61.24
Increased by +0.84%
Dollar volume (20D)
413.36 M
ADR%
2.72
Earnings report date
Aug 1, 2024
Shares float
641.91 M
Shares short
16.14 M [2.51%]
Shares outstanding
763.94 M
Market cap
46.39 B
Beta
1.08
Price/earnings
39.44
20D range
57.84 65.80
50D range
57.84 73.63
200D range
44.12 77.24

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.

It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls.

In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products.

Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization.

It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses.

The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

  • Quarterly earnings
  • Annual earnings
Reported date EPSChange YoY EstimateSurprise
May 2, 24 0.43
Increased by +26.47%
0.39
Increased by +10.26%
Feb 6, 24 0.51
Increased by +15.91%
0.43
Increased by +18.60%
Nov 2, 23 0.41
Increased by +24.24%
0.36
Increased by +13.89%
Aug 3, 23 0.38
Increased by +58.33%
0.34
Increased by +11.76%
May 4, 23 0.34
Increased by +78.95%
0.29
Increased by +17.24%
Feb 7, 23 0.44
Increased by +76.00%
0.39
Increased by +12.82%
Nov 2, 22 0.33
Increased by +65.00%
0.27
Increased by +22.22%
Aug 3, 22 0.24
Increased by +26.32%
0.22
Increased by +9.09%
  • Quarterly financials
  • Annual financials
Fiscal ending date RevenueChange YoY IncomeChange YoY ProfitChange YoY
Mar 31, 24 1.35 B
Increased by +7.21%
299.30 M
Increased by +20.83%
Increased by +22.12%
Increased by +12.71%
Dec 31, 23 1.42 B
Increased by +10.30%
310.90 M
Decreased by -0.92%
Increased by +21.97%
Decreased by -10.17%
Sep 30, 23 1.33 B
Increased by +16.10%
322.90 M
Increased by +39.42%
Increased by +24.19%
Increased by +20.08%
Jun 30, 23 1.29 B
Increased by +25.50%
266.30 M
Increased by +53.49%
Increased by +20.60%
Increased by +22.30%
Mar 31, 23 1.26 B
Increased by +32.21%
247.70 M
Increased by +78.97%
Increased by +19.62%
Increased by +35.38%
Dec 31, 22 1.28 B
Increased by +33.15%
313.80 M
Increased by +57.69%
Increased by +24.46%
Increased by +18.43%
Sep 30, 22 1.15 B
Increased by +32.55%
231.60 M
Increased by +42.00%
Increased by +20.15%
Increased by +7.13%
Jun 30, 22 1.03 B
Increased by +28.59%
173.50 M
Increased by +26.18%
Increased by +16.84%
Decreased by -1.87%
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