Subject of the day
FTNT
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.
FY 2012–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $5.30B | +24.0% | |
| Gross profit | $5.47B | +27.2% | |
| Operating income | $1.24B | +27.0% | |
| Net income | $1.15B | +25.1% | |
| Cash from ops | $2.26B | +26.8% |
$165.44
▲ +4.60 (+2.9%)
| 52w hi | $168.29 |
|---|---|
| 52w lo | $75.23 |
| Vol | 3.94M |
| As of | Aug 13 |
Our score +0.76
| Short | +0.56 |
|---|---|
| Medium | +0.97 |
| Long | +0.74 |
computed 2026-08-12
Fortinet, Inc.
Technology · Software - Infrastructure
| Market cap | $121.39B |
|---|---|
| Enterprise value | $114.50B |
| Trailing P/E | 58.46x |
| Forward P/E | 44.01x |
| EV / EBITDA | 44.11x |
| P / S (ttm) | 16.13x |
| Profit margin | 28.2% |
| Return on equity | 117.4% |
| Revenue growth | +25.6% |
| Earnings growth | +43.9% |
| Debt / equity | 36.19 |
| Beta vs SPX | 1.13 |
|---|---|
| Corr SPX | 0.45 |
| Annual vol | 40.8% |
| Annual ret | +52.4% |
| Sharpe | 1.28 |
| Max DD | -35.1% |
Window: 504 trading days (504 obs)
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | +0.14 | |
| Technical | +0.41 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-08-12
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 13 | $162.64 | $165.75 | $160.14 | $165.44 | 3.94M |
| Aug 12 | $161.48 | $165.11 | $160.00 | $160.84 | 3.85M |
| Aug 11 | $163.24 | $163.92 | $160.74 | $161.89 | 4.16M |
| Aug 10 | $159.90 | $167.19 | $159.64 | $164.21 | 5.73M |
| Aug 7 | $165.02 | $165.50 | $158.56 | $159.64 | 4.83M |