Craft

Fortinet

Stock Price

$79.4

2024-10-29

Market Capitalization

$60.7 B

2024-10-29

Revenue

$5.3 B

FY, 2023

Fortinet Summary

Company Summary

Overview
Fortinet is a company that provides cybersecurity and networking solutions. It offers a hybrid mesh firewall, wireless local area network (LAN), hardware appliances, virtual machines, network security products, etc. The company also provides sandboxing, endpoint detection and response (EDR), cyber threat assessment, cloud consulting, IoT detection, phishing simulation, security advisory services, etc. Fortinet caters to manufacturing, oil and gas, healthcare, education, retail, and other sectors.
Type
Public
Status
Active
Founded
2000
HQ
Sunnyvale, CA, US | view all locations
Website
https://www.fortinet.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Ken Xie

    Ken Xie, Founder, Chairman of the Board, Chief Executive Officer

    • Michael Xie

      Michael Xie, Founder, President, Chief Technology Officer & Director

    • Keith Jensen

      Keith Jensen, Chief Financial Officer

    • Patrice Perche

      Patrice Perche, Chief Revenue Officer & EVP, Support

    Operating MetricsView all

    Billings

    $6.4B
    14.4%

    FY, 2023

    Remaining Performance Obligations

    $5.8B
    23.7%

    FY, 2023

    Countries

    100

    FY, 2023

    LocationsView all

    56 locations detected

    • Sunnyvale, CA HQ

      United States

      909 Kifer Road

    • New York, NY

      United States

      One Penn Plaza, Suite 4400

    • Plano, TX

      United States

      6111 W Plano Pkwy

    • Reston, VA

      United States

      12005 Sunrise Valley Drive, Suite 201

    • Sunrise, FL

      United States

      13450 W Sunrise Blvd Suite 430

    • Union City, CA

      United States

      1570 Atlantic Street

    and 50 others

    Fortinet Financials

    Summary Financials

    Revenue (Q3, 2024)
    $1.5B
    Gross profit (Q3, 2024)
    $1.2B
    Net income (Q3, 2024)
    $539.9M
    Cash (Q3, 2024)
    $2.5B
    EBIT (Q3, 2024)
    $470.9M
    Enterprise value
    $59.2B

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