Fortinet, Inc.

FTNT Nasdaq Technology · Computer Peripheral Equipment, Nec Sunnyvale, CA www.fortinet.com/
$191.28
Mkt Cap 140.35B

Cybersecurity company providing an integrated platform for secure networking, secure access service edge and AI-driven security operations for enterprises and governments.

From the annual report

Fortinet is a leader in cybersecurity, driving the convergence of networking and security. Our mission is to secure people, devices and data everywhere. Our integrated platform, the Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge ( SASE ) and artificial intelligence ( AI )-driven security operations ( SecOps ). As of December 31, 2025, our end-customers were located in over 100 countries and included enterprises across a wide variety of market verticals, including financial services, retail, healthcare and operational technology ( OT ) market verticals, communication and security service providers, and government organizations. As a global company headquartered in Sunnyvale, California, our research and development is centered in the United States and Canada with a global footprint of support and centers of excellence around the world. As of December 31, 2025, we held 1,064 U.S. patents and a total of 1,405 global patents, including 321 AI-related patents. We have been recognized in over 140 enterprise analyst reports demonstrating both our vision and execution across security and networking products. Our competitive differentiation lies in our core technologies, which together provide performance, security, flexibility and integration across diverse environments. FortiOS Our unified operating system enables the convergence of networking and AI-powered security to enforce consistent policies across all form factors and edges.

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/100 Overall
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📊 Key Metrics
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REVENUE TTM
$7.53B
FCF TTM
$3.12B
P/E RATIO
66.2x
P/FCF
45.0x
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