Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
NASDAQ · Technology · Profile
Fortinet, Inc. (FTNT) stock profile and business model
What Fortinet, Inc. does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.
Section freshness
Price Sep 4, 4:00 PM EDT · Statements Jun 29, 8:00 PM EDT
Investor profile snapshot
FTNT live price, business model and key metrics
Start with the live market print, then use this profile to connect Fortinet, Inc.'s operating model with revenue, margins, peer context, and investor risk.
$156.29
▼ -$0.0700(-0.04%)4:00 PM ET - vs previous closeiQuote as of Sep 4, 2026, 4:00 PM EDT
NASDAQ market is closed. Showing the latest available regular-session trade from Sep 4, 2026, 4:00 PM EDT.
Market data source
Long-term ranges5Y, 10Y, Since first printHide
Live price
$156.29
Live during market hours
Market cap
$114.67B
Equity scale
Analyst view
Hold
Target $162.29 (+3.84% implied)
Company · Profile
About Fortinet, Inc. (FTNT)
Sector, leadership, and how Fortinet, Inc. earns its revenue.
Technology
Company · Profile
About Fortinet, Inc. (FTNT)
Sector, leadership, and how Fortinet, Inc. earns its revenue.
Fortinet, Inc.
NASDAQ · FTNT · US
- Sector
- Technology
- Industry
- Software - Infrastructure
- Country
- US
- Founded
- 2006
- Employees
- 15,472
- CEO
- Ken Xie
- Exchange
- NASDAQ
Business identity
Fortinet, Inc. company facts and operating footprint
Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Founded
- 2006
- Employees
- 15,472
- CEO
- Ken Xie
- Country
- US
- Exchange
- NASDAQ
Registration and filing identifiersShowHide
- Asset type
- Common Stock
- Fiscal year end
- December
- Latest quarter
- Jun 30, 2026
- CIK
- 0001262039
Key metrics
FTNT valuation, revenue and margin profile
- Market cap
- $114.67B
- Equity scale
- Revenue TTM
- $7.53B
- Trailing twelve months
- Net margin
- 28.17%
- Profit after expenses
- Revenue growth
- 25.64%
- Latest YoY quarter
- Free cash flow
- $965.60M
- Reported in USD
Margin quality snapshot
Competitors
FTNT competitors and peer context
Risk heatmap
FTNT business risks investors should monitor
Valuation sensitivity
High55.23x
A premium multiple leaves less room for execution misses or slower growth.
Balance-sheet flexibility
MonitorD/E 0.32 · CR 1.28
Debt load and near-term liquidity shape how much strategic patience the company has.
Growth durability
Monitor25.64%
Latest YoY revenue growth is the first check on whether the business model is still expanding.
Market sensitivity
MonitorBeta 1.06
Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.
Regulatory and operating pressure
ElevatedTechnology
Platform rules, AI governance, export controls, and supply-chain constraints can move product timing, margins, or addressable markets.
FTNT ownership and registration profile
- Float shares
- 618.90M
- Insider ownership
- 17.36%
- Institutional ownership
- 71.69%
- Address
- 899 Kifer Road, Sunnyvale, CA, 94086, US
Size & scale
- Market cap
- $114.67B
- Enterprise value
- $112.23B
- Shares outstanding
- 733.71M
- Currency
- USD
Frequently asked
Common questions.
What does Fortinet, Inc. do?
The FTNT Profile page keeps the available company description, sector, industry, leadership, headquarters, workforce, and product context together.
Where does TECHi source the FTNT profile?
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