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WatchlistNameTickerP/EP/SP/BEV/EbitdaROEROICRSISMA200DCFVolumeClosing price
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Fortinet IncFTNT55.1012.67251.0037.12311.52%8.64%55.47$92.51$224.3388,027$94.56

Detail of Fortinet Inc

 
CEO
Mr. Ken Xie
Employees
13986
Industry
Software - Infrastructure
Sector
Technology
Market cap
$72B

Company details

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.

Revenue
Cost of goods
Gross profit
OE
R&D
G&A
OTH
OI
OIE
PI
TAX
NI
Revenue (Rev)
$5.71B
Cost of goods (CoG)
-$1.16B
Gross profit (GP)
$4.55B
Operating expense (OE)
-$2.94B
Research and development (R&D)
-$678.20M
General and administrative (G&A)
-$2.26B
Other (OTH)
$2.30M
Operating income (OI)
$1.61B
Other income expense (OIE)
-$120.40M
Pretax income (PI)
$1.86B
Tax (TAX)
-$292.40M
Net income (NI)
$1.53B
Fortinet Inc
FTNT • XNGS • US
$94.56
+32.56 (52.52%)
Stock vs Industry average
  • Industry average

Trailing annual dividend rate
$0.00
Payout ratio
0.00%
EPS
$1.72
Margin profit
26.79%
52 week low
$55.389999
52 week high
$100.349998
50-day simple moving average
$95.73
200-day simple moving average
$92.51
Percent held by insiders
17.48%
Percent held by institutions
69.91%
Dividend yield
0.00%

Change of shares

Cash vs Debt

Insider Trading

Comparison of selected companies

 
%
Price change
FTNT +52.52%
eps change
FTNT +73.17%