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Fortinet, Inc. (FTNT) is a technology company in the software - infrastructure industry with $7.53B in trailing revenue trading at a 61.6× trailing P/E — analyst consensus: hold.
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Key Statistics
Market Cap
$131.14B
Revenue (TTM)
$7.53B
EPS (TTM)
$2.90
EPS (Fwd est.)
$3.78
Employees
15,472
Trailing P/E
61.63
Forward P/E
47.31
PEG Ratio
1.92
Price / Sales
17.42
Price / Book
84.55
EV / EBITDA
49.17
Beta (5Y)
1.06
Analyst Consensus
Consensus
Hold
Analyst Price Target
-8.1% downside
Target: $164.32
Annual Revenue & Net Income
RevenueNet Income
'22
$4.42B
$860.00M
'23
$5.30B
$1.15B
'24
$5.96B
$1.75B
'25
$6.80B
$1.85B
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$0.90
$0.75
Beat (+20.5%)
May 2026
$0.82
$0.62
Beat (+32.6%)
Feb 2026
$0.81
$0.74
Beat (+8.9%)
Nov 2025
$0.74
$0.63
Beat (+16.9%)
Next Earnings Report
Fortinet, Inc. is next expected to report earnings on 04 Nov 2026.
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense acr…
What is FTNT's market cap?
Fortinet, Inc. has a market capitalization of approximately $131.14B.
What is FTNT's P/E ratio?
Fortinet, Inc. trades at a trailing P/E ratio of 61.6x and a forward P/E of 47.3x, which is above the broad market average of ~25x.
How much revenue does FTNT generate?
Fortinet, Inc. generated $7.53B in trailing 12-month revenue.
What do analysts say about FTNT?
The analyst consensus rating for Fortinet, Inc. is hold, with a mean price target of $164.32. That implies -8.1% upside from the current price.
When does FTNT report earnings?
Fortinet, Inc. is next scheduled to report earnings on 04 Nov 2026.
Does FTNT pay a dividend?
Fortinet, Inc. does not currently pay a regular dividend.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for Fortinet, Inc. on Apsis Markets.