FTNTFortinet

$157.53
Fortinet logo

Price

$157.53+63%1Y
1M+4.0%1Y+63%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Top tier
9/10
Value44
Quality97
Momentum71
Growth66
Strongest Quality, weakest Value · ranked vs Technology peers. The five questions below judge the company on its own terms.
What they do

Fortinet is a leader in cybersecurity, driving the convergence of networking and security. Our mission is to secure people, devices and data everywhere. Our integrated platform, the Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (“SASE”) and artificial intelligence (“AI”)-driven security operations (“SecOps”). As of December 31, 2025, our end-customers were located in over 100 countries and included enterprises across a wide variety of market verticals, including financial services, retail, healthcare and operational technology (“OT”) market verticals, communication and security service providers, and government organizations.

In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR

P/E (TTM)55.7
Market Cap$106.04B
1Y Return+63%
5Y Return+189%

Business segments

Q1 2026 · $1.85B

The company’s own SEC segment disclosure.

  • EMEA$784.8M42%
  • US$526.5M28%
  • Asia Pacific$325.0M18%
  • Other Americas$213.3M12%

Fortinet (FTNT) reported revenue of $2.05B in Q2 2026 (quarter ended June 30, 2026), up 26% from the same quarter a year earlier. That came with a gross margin of 80% and net income of $606M (30% of revenue). For the full year FY2025, revenue was $6.80B (+14% year on year) and net income $1.85B. Its largest region in 2026-Q1 was EMEA at $785M, 42% of the disclosed total, just ahead of US at 28%.

Raw charts

11 series · TTM

As reported to the SEC, without any scoring.