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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

Prices as of Sep 18, 4:00 PM EDT · Fundamentals checked Sep 20, 8:38 AM EDT · Statements Jun 30, 2026

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.

Market closedLatest regular-session print

$169.84

-$2.74(-1.59%)4:00 PM ET - vs previous closei

Quote as of Sep 18, 2026, 4:00 PM EDT

NASDAQ market is closed. Showing the latest available regular-session trade from Sep 18, 2026, 4:00 PM EDT.

Market data source

Today55%
$166.09L Sep 18 '26$172.94H Sep 18 '26
52-week94%
$73.55$176.10
Long-term ranges5Y, 10Y, Since first print
5Y95%
$42.61L Nov 3 '22$176.10H Sep 17 '26
10Y96%
$5.70L Dec 22 '16$176.10H Sep 17 '26
Since first print96%
$1.47L Jul 13 '10$176.10H Sep 17 '26

1Y · USD · 255 pts

$169.84

Last close · Sep 26

+109.68%Open summary
Market-data preview · Sep 25 to Sep 261-year price range
FTNT one-year price chartServer-rendered SVG chart showing FTNT price history.
1Y High$176.101Y Low$73.55

FTNT one-year SVG chart preview from 2025-09-15 to 2026-09-18.

Live price

$169.84

Live during market hours

Market cap

$124.61B

Equity scale

Analyst view

Hold

Target $164.32 (-3.25% implied)

Company · Profile

About Fortinet Inc. (FTNT)

Sector, leadership, and how Fortinet Inc. earns its revenue.

Fortinet Inc.

Market · FTNT

Fortinet Inc. is tracked through live quote data, fundamentals, historical prices, analyst views, and TECHi's source-attributed stock-data layer.

Headquarters
Sunnyvale, CA, United States
Founded
2009

Business identity

Fortinet Inc. company facts and operating footprint

Fortinet Inc. is tracked through live quote data, fundamentals, historical prices, analyst views, and TECHi's source-attributed stock-data layer.

Headquarters
Sunnyvale, CA, United States
Founded
2009
Registration and filing identifiersShow
Asset type
Common Stock
Fiscal year end
December
Latest quarter
Jun 30, 2026

Key metrics

FTNT valuation, revenue and margin profile

Full statistics
Market cap
$124.61B
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

Gross margin80.20%
Operating margin32.44%
Net margin28.17%

Competitors

FTNT competitors and peer context

TickerCompanyPriceMove
MSFTMicrosoft Corp.$493.78-0.80%
ORCLOracle Corp.$147.61-1.98%
CRWDCrowdStrike Holdings$237.65-3.28%
NOWServiceNow Inc.$135.47-2.17%

Risk heatmap

FTNT business risks investors should monitor

Valuation sensitivity

High

59.80x

A premium multiple leaves less room for execution misses or slower growth.

Balance-sheet flexibility

Monitor

D/E 0.32 · CR 1.28

Debt load and near-term liquidity shape how much strategic patience the company has.

Growth durability

Monitor

25.64%

Latest YoY revenue growth is the first check on whether the business model is still expanding.

Market sensitivity

Monitor

Beta 1.06

Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.

Regulatory and operating pressure

Monitor

Sector pending

Industry rules, supply chains, customer concentration, and macro demand remain the main operating risks to monitor.

FTNT ownership and registration profile

Float shares
618.91M
Insider ownership
17.36%
Institutional ownership
71.55%
Address
909 Kifer Road, Sunnyvale, CA, 94086, United States

Size & scale

Market cap
$124.61B
Enterprise value
$122.18B
Shares outstanding
733.71M
Currency
USD

Frequently asked

Common questions.

Where does TECHi source the FTNT profile?

FTNT profile facts come from company filings and TECHi's market-data providers; any detail that is not available is left blank rather than inferred.