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, Sunrise, Valbonne, Kuala Lumpur 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
Bengaluru, IN
Mg Road
Hong Kong, HK
1508 Cityplaza Phase 3 14 Tai Koo Wan Rd
Sydney, AU
10 2 Loftus St
London, GB
120 Old Broad St
Utrecht, NL
100 Papendorpseweg
Dietlikon, CH
8 Riedmühlestrasse
Stockholm, SE
2 Blekholmsgatan
Alcobendas, ES
2b 24 Av. De Europa
Al Jubail, SA
Riyadh
Oslo, NO
1 Filipstad Brygge
Vimercate, IT
Torre Tiglio 6 Via Torri Bianche
Roma, IT
119 Via Del Casale Solaro
Herzliya, IL
6 Hahoshlim St
Dublin, IE
28 Pembroke Street Upper
Neu Isenburg, DE
175 181 Frankfurter Str.
Frankfurt Am Main, DE
35 Feldbergstraße
Seillons Source D'argens, FR
Paris
Espoo, FI
16 Keilaranta
Hellerup, DK
12 Tuborg Blvd.
Prague, CZ
Pekařská A33 Upolínová
Machelen, BE
5 Pegasuslaan
Wien, AT
7 Wienerbergstraße
Colonia Juárez, MX
Paseo De La Reforma
Ottawa, CA
1826 Robertson Rd
Burnaby, CA
400 4190 Still Creek Dr
Sunrise, US
430 13450 W Sunrise Blvd
Reston, US
140 12005 Sunrise Valley Dr
New York, US
4400 1 Pennsylvania Plaza
Kuala Lumpur, MY
30 Jalan Sultan Ismail
Valbonne, FR
Orange Labs 905 Rue Albert Einstein
Sunrise, US
430 13450 W Sunrise Blvd
Fortinet Data and Metrics
Fortinet Financial Metrics
Fortinet's revenue was reported to be $1.3 b in FY, 2016 which is a 26% increase from the previous period.
Numbers are in $, USD
Revenue (FY, 2016) | 1.3 b |
Revenue growth (FY, 2015 - FY, 2016), % | 26% |
Gross profit (FY, 2016) | 937.6 m |
Gross profit margin (FY, 2016), % | 74% |
Net income (FY, 2016) | 32.2 m |
EBIT (FY, 2016) | 42.9 m |
Market capitalization (26-May-2017) | 6.9 b |
Closing share price (26-May-2017) | 39.7 |
Cash (31-Dec-2016) | 709 m |
Fortinet's current market capitalization is $6.9 b.
| Numbers are in $, 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 |
Gross profit Margin, % | 71% | 70% | 72% | 74% |
Operating expense total | 362.6 m | 480 m | 707.6 m | 894.7 m |
EBIT | 72.1 m | 59.3 m | 14.9 m | 42.9 m |
EBIT margin, % | 12% | 8% | 1% | 3% |
Interest income | 5.3 m | 5.4 m | 5.3 m | 7.3 m |
Pre tax profit | 75.9 m | 61.5 m | 17 m | 43.1 m |
Income tax expense | 31.7 m | 36.2 m | 9 m | 11 m |
Net Income | 44.3 m | 25.3 m | 8 m | 32.2 m |
| Numbers are in $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 115.9 m | 283.3 m | 543.3 m | 709 m |
Accounts Receivable | ||||
Inventories | 14.1 m | 31.1 m | 35.8 m | 33.3 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 |
Total Assets | 1.2 b | 1.4 b | 1.8 b | 2.1 b |
Accounts Payable | 35.6 m | 49.9 m | 61.5 m | 56.7 m |
Current Liabilities | 413.1 m | 496.5 m | 678.7 m | 829.4 m |
Additional Paid-in Capital | 462.6 m | 562.5 m | 687.7 m | 800.7 m |
Retained Earnings | 121.9 m | 113.6 m | 68.5 m | 37.6 m |
Total Equity | 585.8 m | 755.4 m | 837.7 m | |
Financial Leverage | 2 x | 2.4 x | 2.6 x |
| Numbers are in $, 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 |
Accounts Receivable | ||||
Inventories | (907 k) | (16 m) | (2.6 m) | 2.6 m |
Accounts Payable | 10.5 m | 18 m | (2.5 m) | 39 k |
Cash From Operating Activities | 147.4 m | 196.6 m | 282.5 m | 345.7 m |
Purchases of PP&E | (13.9 m) | (32.2 m) | (37.4 m) | (67.2 m) |
Cash From Investing Activities | (146.7 m) | (29.4 m) | (967 k) | (74.1 m) |
Cash From Financing Activities | (6.4 m) | 749 k | (21.6 m) | (105.9 m) |
| Numbers are in $, USD | Y, 2016 |
|---|---|
Revenue/Employee | 317.4 k |
Financial Leverage | 2.6 x |
Fortinet Market Value History
Fortinet Median Salaries
Source: 268 public H-1B filings from Fortinet
