Business description: Fortinet, Inc.

Fortinet, Inc. specializes in the creation, development and marketing of integrated cybersecurity software and equipment for the protection of networks and information systems infrastructures as well as for the protection of company and government data.

Net sales break down by revenue source into sales of services (68%) and products (32%).

Net sales are distributed geographically as follows: the United States (30.3%), Americas (10.7%), Europe/Middle East/Africa (39.1%) and Asia/Pacific (19.9%).

Number of employees: 15,015

Sales by Activity: Fortinet, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Network Security Solutions

2.59B 3.34B 4.42B 5.3B 5.96B
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Geographical breakdown of sales: Fortinet, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Europe, Middle East and Africa (EMEA)

992M 1.28B 1.69B 2.07B 2.4B

United States

813M 1.01B 1.32B 1.61B 1.78B

Asia Pacific (APAC)

525M 708M 941M 1.06B 1.12B

Other Americas

264M 352M 460M 569M 663M
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Executive Committee: Fortinet, Inc.

Manager TitleAgeSince
President 57 12/11/2013
Chief Executive Officer 63 30/09/2000
Director of Finance/CFO 58 11/05/2025
Chief Operating Officer 58 14/01/2024
Sales & Marketing - -
See FORTINET, INC. governance

Composition of the Board of Directors: Fortinet, Inc.

Director TitleAgeSince
Chairman 63 30/09/2000
Director/Board Member 57 31/01/2001
Director/Board Member 84 23/01/2013
Director/Board Member 58 21/06/2015
Director/Board Member 70 31/03/2013
Director/Board Member 62 17/10/2019
Director/Board Member 76 31/08/2012
Director/Board Member 70 21/10/2021
Director/Board Member 67 06/11/2024
Composition of the Board of Directors

Shareholders: Fortinet, Inc.

NameEquities%Valuation
The Vanguard Group, Inc.
10.24 %
76,144,454 10.24 % 6 047 M $
Vanguard Fiduciary Trust Co.
9.917 %
73,745,561 9.917 % 5 856 M $
8.095 %
60,198,251 8.095 % 4 780 M $
7.559 %
56,209,782 7.559 % 4 464 M $
BlackRock Advisors LLC
6.271 %
46,633,889 6.271 % 3 703 M $
List of FORTINET, INC. shareholders

Company details: Fortinet, Inc.

Fortinet, Inc.

909 Kifer Road

94086, Sunnyvale

+408 235 7700

http://www.fortinet.com
address Fortinet, Inc.(FTNT)

Group companies: Fortinet, Inc.

NameCategory and Sector
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Security Software

Change 5d. change 1-year change 3-years change Capi.($)
+3.36%-0.37%-22.69%+55.72% 58.7B
+1.73%-10.98%-15.92%+101.68% 108B
+1.45%-9.99%+1.30%+171.22% 19.27B
+1.16%-0.94%-16.29%+41.69% 18.92B
+8.16%+0.67%-12.88%+13.35% 13.83B
+5.61%-9.15%-32.53% - 9.67B
-2.30%-19.62%+117.70%-8.54% 8.38B
+2.63%-6.76% - - 8.01B
+1.96%-24.30%-43.54%-13.88% 2.61B
-0.78%-5.16%-10.91%-53.53% 2.46B
Average +2.28%-9.54%-3.97%+38.47% 24.97B
Weighted average by Cap. +2.39%-8.76%-12.33%+78.75%
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Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
42
Last Close Price
78.93USD
Average target price
87.91USD
Spread / Average Target
+11.38%
Consensus

Quarterly revenue - Rate of surprise

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