Fortinet Inc.
92.46
-1.37 (-1.46%)
At close: Jan 14, 2025, 3:59 PM
92.11
-0.38%
After-hours Jan 14, 2025, 07:41 PM EST

Fortinet Inc. Revenue Breakdown

Quarter Sep 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2015Jun 30, 2015Mar 31, 2015Dec 31, 2014Sep 30, 2014Jun 30, 2014Mar 31, 2014Dec 31, 2013Sep 30, 2013Jun 30, 2013Mar 31, 2013Dec 31, 2012Sep 30, 2012Jun 30, 2012Mar 31, 2012
Service Revenue 1.03B 944.40M 488.10M 868.70M 820.20M 761.60M 540.10M 680.80M 629.40M 583.80M 378.90M 530.10M 502.80M 469.60M 288.40M 427.30M 403.60M 384.60M 238.80M 197.10M 189.90M 162.70M 165.40M 11.00M 11.50M 10.00M 6.13M 4.46M 4.25M 0 2.69M 4.06M 3.53M 0 5.11M 4.61M 4.82M 0 6.39M 7.54M 6.55M
Service Revenue Growth +9.51% +93.48% -43.81% +5.91% +7.69% +41.01% -20.67% +8.17% +7.81% +54.08% -28.52% +5.43% +7.07% +62.83% -32.51% +5.87% +4.94% +61.06% +21.16% +3.79% +16.72% -1.63% +1403.64% -4.35% +15.00% +63.03% +37.50% +4.84% n/a -100.00% -33.92% +15.20% n/a -100.00% +10.91% -4.40% n/a -100.00% -15.28% +15.14% n/a
Product Revenue 473.90M 408.90M 524.50M 465.90M 472.60M 500.70M 403.90M 468.70M 400.70M 371.00M 309.40M 337.10M 298.30M 240.70M 249.30M 223.80M 211.90M 192.30M 205.40M 192.80M 183.10M 169.60M 173.30M 157.00M 147.10M 136.60M 700.78M 653.10M 595.92M 0 497.33M 476.14M 447.78M 0 389.57M 378.45M 363.74M 0 322.94M 311.41M 293.75M
Product Revenue Growth +15.90% -22.04% +12.58% -1.42% -5.61% +23.97% -13.83% +16.97% +8.01% +19.91% -8.22% +13.01% +23.93% -3.45% +11.39% +5.62% +10.19% -6.38% +6.54% +5.30% +7.96% -2.14% +10.38% +6.73% +7.69% -80.51% +7.30% +9.60% n/a -100.00% +4.45% +6.33% n/a -100.00% +2.94% +4.05% n/a -100.00% +3.70% +6.01% n/a
Security Subscription Revenue 595.80M 536.90M 927.00M 494.60M 457.30M 421.70M 742.90M 369.80M 340.40M 312.90M 584.70M 287.40M 272.90M 255.30M 462.50M 235.40M 222.60M 211.40M 375.60M 350.40M 331.80M 309.90M n/a 121.40M 116.40M 109.60M n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Security Subscription Revenue Growth +10.97% -42.08% +87.42% +8.16% +8.44% -43.24% +100.89% +8.64% +8.79% -46.49% +103.44% +5.31% +6.89% -44.80% +96.47% +5.75% +5.30% -43.72% +7.19% +5.61% +7.07% n/a n/a +4.30% +6.20% n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Technical Support and Other Revenue 438.40M 407.50M 402.50M 374.10M 362.90M 339.90M 339.00M 311.00M 289.00M 270.90M 275.30M 242.70M 229.90M 214.30M 213.20M 191.90M 181.00M 173.20M 170.20M 157.60M 148.70M 140.30M n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Technical Support and Other Revenue Growth +7.58% +1.24% +7.59% +3.09% +6.77% +0.27% +9.00% +7.61% +6.68% -1.60% +13.43% +5.57% +7.28% +0.52% +11.10% +6.02% +4.50% +1.76% +7.99% +5.99% +5.99% n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a

Revenue by Geography

Quarter Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012
Americas Revenue 3.78B 3.11B 2.37B 1.89B 1.61B 1.34B 1.14B 868.90M 714.85M 524.95M 415.11M 362.43M
Americas Revenue Growth +21.58% +31.47% +25.13% +17.38% +20.19% +17.63% +31.12% +21.55% +36.17% +26.46% +14.54% n/a
Asia Pacific And Japan Revenue 1.06B 940.60M 707.50M 525.30M 425.00M 360.30M 298.03M 261.34M 207.97M 175.17M 153.53M 132.41M
Asia Pacific And Japan Revenue Growth +12.34% +32.95% +34.68% +23.60% +17.96% +20.89% +14.04% +25.67% +18.72% +14.09% +15.95% n/a
Europe, Middle East And Africa Revenue 2.07B 1.69B 1.28B 991.90M 813.90M 678.00M 554.57M 477.39M 366.02M 270.54M 208.98M 184.18M
Europe, Middle East And Africa Revenue Growth +22.53% +32.60% +28.63% +21.87% +20.04% +22.26% +16.17% +30.43% +35.29% +29.46% +13.47% n/a
Other Americas Revenue 569.30M 460.00M 352.00M 263.90M 224.00M 120.80M 53.28M 66.03M 54.12M 124.36M 90.46M 71.69M
Other Americas Revenue Growth +23.76% +30.68% +33.38% +17.81% +85.43% +126.71% -19.30% +21.99% -56.48% +37.48% +26.19% n/a

Operating Expense Breakdown

Quarter Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016Mar 31, 2016Dec 31, 2015Sep 30, 2015Jun 30, 2015Mar 31, 2015
Selling, General, and Administrative Revenue 587.60M 557.90M 555.50M 562.50M 557.90M 565.80M 531.10M 500.20M 467.80M 460.90M 426.20M 409.00M 382.90M 361.30M 336.00M 323.80M 296.10M 282.70M 288.80M 284.30M 253.50M 250.80M 240.40M 227.90M 220.80M 216.30M 210.30M 214.28M 193.39M 188.25M 192.98M 180.32M 176.84M 184.88M 167.21M 157.16M 142.21M 129.95M 112.57M
Selling, General, and Administrative Revenue Growth +5.32% +0.43% -1.24% +0.82% -1.40% +6.53% +6.18% +6.93% +1.50% +8.14% +4.21% +6.82% +5.98% +7.53% +3.77% +9.35% +4.74% -2.11% +1.58% +12.15% +1.08% +4.33% +5.48% +3.22% +2.08% +2.85% -1.86% +10.80% +2.73% -2.45% +7.02% +1.97% -4.35% +10.57% +6.39% +10.51% +9.44% +15.44% n/a
Research and Development Revenue 187.30M 165.40M 173.00M 152.50M 156.90M 153.30M 151.10M 128.90M 134.30M 124.30M 124.90M 112.60M 107.80M 106.60M 97.20M 89.00M 90.00M 82.10M 80.30M 71.20M 69.90M 67.40M 68.60M 65.50M 58.70M 61.20M 59.10M 54.77M 53.49M 51.16M 51.20M 45.59M 47.24M 45.50M 44.97M 42.81M 42.11M 37.39M 35.82M
Research and Development Revenue Growth +13.24% -4.39% +13.44% -2.80% +2.35% +1.46% +17.22% -4.02% +8.05% -0.48% +10.92% +4.45% +1.13% +9.67% +9.21% -1.11% +9.62% +2.24% +12.78% +1.86% +3.71% -1.75% +4.73% +11.58% -4.08% +3.55% +7.90% +2.41% +4.55% -0.07% +12.30% -3.49% +3.82% +1.19% +5.03% +1.67% +12.63% +4.39% n/a
Sales and Marketing Revenue 515.90M 501.30M 501.10M 507.40M 504.40M 515.90M 478.30M 455.90M 427.10M 415.50M 387.60M 367.70M 347.10M 326.90M 304.00M 291.40M 266.70M 253.80M 260.00M 257.10M 227.40M 226.50M 215.90M 205.90M 198.30M 192.80M 185.30M 191.93M 172.36M 166.34M 170.40M 162.87M 154.83M 162.69M 147.40M 136.84M 120.99M 111.93M 100.61M
Sales and Marketing Revenue Growth +2.91% +0.04% -1.24% +0.59% -2.23% +7.86% +4.91% +6.74% +2.79% +7.20% +5.41% +5.93% +6.18% +7.53% +4.32% +9.26% +5.08% -2.38% +1.13% +13.06% +0.40% +4.91% +4.86% +3.83% +2.85% +4.05% -3.45% +11.35% +3.62% -2.38% +4.62% +5.19% -4.83% +10.37% +7.72% +13.10% +8.10% +11.25% n/a

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