Company Growth (employees)
Fortinet was founded in 2000 and is headquartered in Sunnyvale, US
Key People at Fortinet
Ken Xie
Founder, Chairman of the Board, and Chief Executive Officer (CEO)
Andrew Del Matto
Chief Financial Officer (CFO)
Keith Jensen
Chief Accounting Officer (CAO)
Patrice Perche
Sr. Executive Vice President, Worldwide Sales and Support
John Maddison
Sr. Vice President, Products and Solutions
Lisa McGill
Sr. Vice President of People
John Whittle
Vice President, Corporate Development and Strategic Alliances, General Counsel
Michael Xie
Founder, President, and Chief Technology Officer (CTO)
Fortinet Office Locations
Fortinet has offices in Sunnyvale, Valbonne, Kuala Lumpur, New York and in 40 other locations
Sunnyvale, US (HQ)
899 Kifer Rd
Bangkok, TH
999/9 Rama 1 Road
Rochester, US
1200 Brooks Ave
Singapore, SG
The Concourse
Johor Bahru, MY
1 Jalan Indah 5/20
Kuala Lumpur, MY
Menara Keck Seng 203 Jalan Bukit Bintang
Fortinet Data and Metrics
Fortinet Financial Metrics
Fortinet's revenue was reported to be $340.6 m in Q1, 2017
USD
Revenue (Q1, 2017) | 340.6 m |
Gross profit (Q1, 2017) | 250 m |
Gross profit margin (Q1, 2017), % | 73% |
Net income (Q1, 2017) | 10.7 m |
EBIT (Q1, 2017) | 5.4 m |
Market capitalization (22-Sep-2017) | 6.9 b |
Cash (31-Mar-2017) | 823.2 m |
Fortinet's current market capitalization is $6.9 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 615.3 m | 770.4 m | 1 b | 1.3 b |
Revenue growth, % | 25% | 31% | 26% | |
Cost of goods sold | 180.6 m | 231 m | 286.8 m | 337.8 m |
Gross profit | 434.7 m | 539.4 m | 722.5 m | 937.6 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 184.1 m | 193.3 m | 212.9 m | 239.8 m | 260.1 m | 284.6 m | 311.4 m | 316.6 m | 340.6 m |
Cost of goods sold | 57.8 m | 56.9 m | 63.6 m | 69.5 m | 71.7 m | 77.7 m | 84.5 m | 84.8 m | 90.6 m |
Gross profit | 126.3 m | 136.5 m | 149.3 m | 170.3 m | 188.4 m | 206.8 m | 226.9 m | 231.8 m | 250 m |
Gross profit Margin, % | 69% | 71% | 70% | 71% | 72% | 73% | 73% | 73% | 73% |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 115.9 m | 283.3 m | 543.3 m | 709 m |
Inventories | 14.1 m | 31.1 m | 35.8 m | 106.9 m |
Current Assets | 735.5 m | 1 b | 1.3 b | 1.5 b |
Goodwill | 2.9 m | 2.8 m | 4.7 m | 14.6 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 203.9 m | 258.1 m | 386.4 m | 481.4 m | 540.7 m | 568 m | 596.4 m | 647.5 m | 823.2 m |
Inventories | 46.8 m | 51.3 m | 72.1 m | 68.8 m | 80.7 m | 78.2 m | 81.2 m | 93.7 m | 105 m |
Current Assets | 806.9 m | 896.4 m | 1.1 b | 1.2 b | 1.3 b | 1.3 b | 1.4 b | 1.4 b | 1.6 b |
Goodwill | 2.8 m | 2.8 m | 2.8 m | 2.8 m | 4.3 m | 4.7 m | 14.2 m | 14.6 m | 14.6 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 44.3 m | 25.3 m | 8 m | 32.2 m |
Depreciation and Amortization | 15.6 m | 22 m | 31.6 m | 48.5 m |
Inventories | (907 k) | (16 m) | (2.6 m) | (43 m) |
Accounts Payable | 10.5 m | 18 m | (2.5 m) | 39 k |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 6.1 m | 4.1 m | 1.6 m | 792 k | 8.2 m | (3.4 m) | (1.4 m) | 6.3 m | 10.7 m |
Inventories | 46.8 m | 51.3 m | 72.1 m | 68.8 m | 80.7 m | 78.2 m | 81.2 m | 93.7 m | 105 m |
Accounts Payable | 35.8 m | 36.5 m | 40.2 m | 42.3 m | 48.8 m | 48 m | 56.9 m | 57.5 m | 48.7 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 73 k |
Financial Leverage | 2.5 x |
Fortinet Market Value History
Fortinet Median Salaries
Source: 268 public H-1B filings from Fortinet
Market Position of Fortinet
Traffic Overview of Fortinet
Fortinet Online and Social Media Presence
Fortinet News and Updates
September 14, 2017
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Verizon secures its virtual network services with Check Point
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VeloCloud Security Technology Partner Program adds members
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August 22, 2017
Lack of cyber hygiene leaves 90% of businesses vulnerable to hacks
90% of businesses report exploits of vulnerabilities dating back three or more years, leaving them open to hacks.
The post Lack of cyber hygiene leaves 90% of businesses vulnerable to hacks appeared first on Computer Business Review.