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Fortinet Stock Price, News & Analysis

FTNT NASDAQ

Company Description

Overview of Fortinet

Fortinet (FTNT) is a global cybersecurity company that provides innovative and comprehensive network security solutions. Focused on enabling secure networking and simplifying IT security infrastructure, Fortinet specializes in unified threat management (UTM) and delivers high-performance protection against dynamic cyber threats across various digital environments.

Integrated Cybersecurity Platform

At the heart of Fortinet's technology strategy is the convergence of networking and security. The company deploys its proprietary operating system, FortiOS, which integrates multiple security functions into a unified platform. Leveraging custom-built ASICs for accelerated performance, Fortinet enables a broad portfolio that spans network firewalls, secure SD-WAN, cloud security, zero-trust access, and security operations. This platform approach reduces complexity and enhances visibility, ensuring a comprehensive defense for enterprises, service providers, and government entities.

Business Model and Revenue Streams

Fortinet generates revenue primarily through sales of subscriptions and support services that accompany its hardware and software security solutions. Its recurring revenue model is built on long-term customer relationships, with a focus on continuous product innovation and integration. This revenue structure underlines Fortinet’s commitment to offering not just a product, but an evolving security ecosystem designed to adapt in a rapidly changing threat landscape.

Market Position and Industry Significance

Fortinet holds a dominant position in the cybersecurity arena. It is recognized for delivering a single-vendor solution that combines over 50 enterprise-grade products into a cohesive framework. Industry experts cite the company's expertise in unified threat management and secure networking as key differentiators that set it apart in a competitive market. Fortinet's solutions are widely adopted by global organizations, including prominent enterprises and government institutions, ensuring that its technologies remain central to modern IT infrastructure.

Technology and Product Innovation

Fortinet's relentless focus on technological innovation is evident in its integration of advanced features such as ASIC-accelerated processing and AI-driven threat intelligence. The Fortinet Security Fabric provides seamless connectivity between different product lines, enabling real-time threat analysis and rapid mitigation strategies. The company's approach to consolidating multiple network and security functions into a single operating framework helps minimize management complexity and operational costs.

Comprehensive Cyber Defense Capabilities

Fortinet’s security solutions cover a wide spectrum of applications – from protecting endpoints and databases to securing the perimeter and core of an organization’s digital environment. Its integrated portfolio ensures robust defense mechanisms through unified threat management, cloud-delivered security services, and zero-trust access frameworks. The design of its products emphasizes performance efficiency, extensive integration capabilities, and the ability to handle a large volume of network traffic, meeting the demands of modern digital enterprises.

Expertise, Experience, and Industry Collaboration

Fortinet is not only known for its technological prowess but also for its commitment to continuous improvement and industry collaboration. Through its extensive training programs, notably the Fortinet Training Institute, the company addresses the global cybersecurity skills gap by providing education and certification programs to IT and security professionals. This commitment reinforces Fortinet’s reputation for expertise and underlines its influence in shaping industry standards. Collaborative initiatives with government entities, CERT organizations, and academic partners further validate its position as a trusted authority in cybersecurity.

Investor Considerations

For investors seeking to understand the operational dynamics of a major cybersecurity provider, Fortinet offers a clear value proposition. Its scalable, subscription-based business model, combined with ongoing investment in R&D, positions the company to maintain its role as a central player in the convergence of networking and security. The company's emphasis on integration and performance not only drives customer adoption but also supports sustainable operational efficiency.

This detailed overview is designed to demystify Fortinet’s complex ecosystem, showcasing its seamless integration of networking and cybersecurity technologies while maintaining a focus on clarity, depth, and unbiased insight.

Stock Performance

$—
0.00%
0.00
Last updated:
53.89 %
Performance 1 year
$73.9B
Market Cap
769.0M
Shares outstanding

SEC Filings

No SEC filings available for Fortinet.

Financial Highlights

$1,508,100,000
Revenue (TTM)
$539,900,000
Net Income (TTM)
$0.70
Diluted EPS (TTM)
$608,100,000
Operating Cash Flow
35.80%
Net Profit Margin
31.22%
Oper. Profit Margin

Upcoming Events

May 7, 2025
Q1 2025 earnings call

Frequently Asked Questions

What is the current stock price of Fortinet (FTNT)?

The current stock price of Fortinet (FTNT) is $100.72 as of April 24, 2025.

What is the market cap of Fortinet (FTNT)?

The market cap of Fortinet (FTNT) is approximately 73.9B.

What is the revenue (TTM) of Fortinet (FTNT) stock?

The trailing twelve months (TTM) revenue of Fortinet (FTNT) is $1,508,100,000.

What is the net income of Fortinet (FTNT)?

The trailing twelve months (TTM) net income of Fortinet (FTNT) is $539,900,000.

What is the earnings per share (EPS) of Fortinet (FTNT)?

The diluted earnings per share (EPS) of Fortinet (FTNT) is $0.70 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Fortinet (FTNT)?

The operating cash flow of Fortinet (FTNT) is $608,100,000.

What is the profit margin of Fortinet (FTNT)?

The net profit margin of Fortinet (FTNT) is 35.80%.

What is the operating margin of Fortinet (FTNT)?

The operating profit margin of Fortinet (FTNT) is 31.22%.

What is the gross margin of Fortinet (FTNT)?

The gross profit margin of Fortinet (FTNT) is 82.53%.

What is the current ratio of Fortinet (FTNT)?

The current ratio of Fortinet (FTNT) is 1.34, indicating the company's ability to pay short-term obligations.

What is the gross profit of Fortinet (FTNT)?

The gross profit of Fortinet (FTNT) is $1,244,700,000 on a trailing twelve months (TTM) basis.

What is the operating income of Fortinet (FTNT)?

The operating income of Fortinet (FTNT) is $470,900,000.

What is the core business of Fortinet?

Fortinet specializes in delivering comprehensive cybersecurity solutions, particularly focusing on unified threat management and secure networking through an integrated platform.

How does Fortinet generate its revenue?

The company primarily generates revenue from the sale of subscription-based services and support, which complement its hardware and software security solutions.

What makes Fortinet's security solutions unique?

Fortinet differentiates itself by converging networking and security into a single, unified platform powered by FortiOS and custom ASICs, delivering both high performance and integrated threat protection.

What industries and customers use Fortinet's products?

Fortinet serves a diverse customer base, including large enterprises, service providers, and government agencies, ensuring a broad application across various digital environments.

How does Fortinet address the complexity of IT security?

By integrating multiple security functions into a single system, Fortinet reduces management complexity and enhances visibility with its Security Fabric platform, consolidating various tools into one unified console.

What role does FortiOS play in Fortinet's offerings?

FortiOS is the central operating system that integrates numerous security and networking functions, ensuring seamless performance and real-time threat mitigation across the entire Fortinet product portfolio.

How is Fortinet contributing to cybersecurity workforce development?

Through the Fortinet Training Institute, the company provides extensive training and certification programs, aiming to address the global shortage of cybersecurity professionals with award-winning educational initiatives.

How does Fortinet maintain its position in a competitive market?

Fortinet continuously invests in research and development, collaborates with industry partners, and focuses on innovation and integration, ensuring its solutions remain robust, efficient, and adaptable to evolving cyber threats.