FORTINET

World Rank (Jul-30-2023)
280
Market Cap (Jul-30-2023)
60.30 Billion USD
World Rank (Dec-25-2022)
430
Market Cap (Dec-25-2022)
38.42 Billion USD
World Rank (Jan-07-2022)
368
Market Cap (Jan-07-2022)
51.447 Billion USD
World Rank (Jan-01-2021)
764
Market Cap (Jan-01-2021)
24.111 Billion USD
Annual Revenue in USD
4,417 Million USD
Annual Net Income in USD
857 Million USD
Total Assets in USD
6,228 Million USD
Total Liabilities in USD
6,509 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters State / City
California
Headquarters Country
USA
Headquarters Sub Region
Northern America
Headquarters Continent
Americas
Company Business
Software and IT
Security Systems and Solutions
Technology
Software Products
Computers Hardware
Stock Category
S&P 500
Nasdaq 100
Stock Exchange
Nasdaq
Frankfurt
Company Rank in Country in 2022
Company Rank in USA in 2022 is 169
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 320
Rank in Country (Jan-2020)
Rank in USA in 2020 is 347
Number of Employees
12,595
Employee Count as on Date
As on Dec-2022
Chairman
Ken Xie
CEO:
Ken Xie
Yahoo @ Nasdaq
Wikipedia
Facebook
Company Website:
FORTINET INC
Business Sector:
Top Technology Companies in USA
Top Software and IT Companies in USA
Top Technology Companies in S&P 500
Top Software and IT Companies in S&P 500
About Company Business:

FORTINET is Software company with headquarters in California, USA. Software company related to cybersecurity solutions, antivirus solutions, firewalls solutions.Fortinet makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office.The integration of devices using open standards, common operating systems, and unified management platforms enables the sharing and correlation of real-time threat intelligence. 

The following Fortinet products can operate as part of the Fortinet Security Fabric cybersecurity mesh platform:

  • FortiGate-VM
  • FortiMail
  • FortiManager
  • FortiSandbox
  • FortiSwitch
  • FortiAnalyzer
  • FortiAP
  • FortiClient
  • FortiEDR/XDR
  • FortiToken

FORTINET have more than 615,000 customers across the world.

FORTINET annual revenue generated for period ending Dec-2021 was 3,342 million USD.

FORTINET annual net income generated for period ending Dec-2021 was 606 million USD.

Total Assets as on Dec-2021 was 5,919 Million USD.

Total Liabilities as on Dec-2021 was 5,120 Million USD.

Total Equity as on Dec-2021 was 798 Million USD.

IPO Year
2009
Founded Year
2000
Annual Results Summary:

FORTINET - Annual Result Summary - in Million USD

Year Ending: Total Revenue Gross Profit Operating Income Net Income
Dec-2022 4,417 3,332 965 857
Dec-2021 3,342 2,559 646 606
Dec-2020 2,594 2,024 491 488
Dec-2019 2,156 1,650 344 326
Dec-2018 1,801 1,351 231 332
Dec-2017 1,495 1,110 109 31
Dec-2016 1,275 938 42 32
Balance Sheet Summary

FORTINET - Balance Sheet Summary - in Million USD

Year Ending:

 Total Assets Total Liabilities Total Equity
Dec-2022 6,228 6,509 -281
Dec-2021 5,919 5,120 798
Dec-2020 4,045 3,189 856
Dec-2019 3,879 2,537 1,342
Dec-2018 3,078 2,068 1,010
Dec-2017 2,258 1,669 589
Quarterly Results Summary:

FORTINET - Quarterly Result Summary - in Million USD

Quarterly Ending:

 Total Revenue Operating Income Net Income
Dec-2022 1,283 356 313
Sep-2022 1,149 264 231
Jun-2022 1,030 194 173
Mar-2022 955 149 138
Dec-2021 963 213 199
Sep-2021 867 166 163
Jun-2021 801 148 138
Mar-2021 710 122 107
Dec-2020 748 169 147
Institutional Investors

Top 30 Institutional Holder Names in FORTINET as on MAR-31-2023

RANK Institutional Investors DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
1 VANGUARD GROUP INC 3/31/2023 67,613,533 239,581 0.36% $4,094,676
2 BLACKROCK INC. 3/31/2023 51,202,733 617,369 1.22% $3,100,838
3 ALLIANCEBERNSTEIN L.P. 3/31/2023 28,263,105 1,655,428 6.22% $1,711,614
4 STATE STREET CORP 3/31/2023 25,395,593 527,129 2.12% $1,537,957
5 BANK OF NEW YORK MELLON CORP 6/30/2023 19,073,104 -790,415 -3.98% $1,155,067
6 T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 3/31/2023 15,655,442 -509,132 -3.15% $948,094
7 GEODE CAPITAL MANAGEMENT, LLC 3/31/2023 15,178,603 147,048 0.98% $919,216
8 VIKING GLOBAL INVESTORS LP 3/31/2023 11,875,384 4,748,557 66.63% $719,173
9 AMERIPRISE FINANCIAL INC 3/31/2023 10,673,233 -653,152 -5.77% $646,371
10 FMR LLC 3/31/2023 10,206,706 -6,703,418 -39.64% $618,118
11 PRICE T ROWE ASSOCIATES INC /MD/ 3/31/2023 8,828,685 -4,111,357 -31.77% $534,665
12 MORGAN STANLEY 3/31/2023 6,978,900 -140,689 -1.98% $422,642
13 NORTHERN TRUST CORP 3/31/2023 6,710,920 103,150 1.56% $406,413
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 3/31/2023 6,673,226 2,440,659 57.66% $404,131
15 NORGES BANK 12/31/2022 6,401,386 1,102,066 20.80% $387,668
16 RENAISSANCE TECHNOLOGIES LLC 3/31/2023 6,230,645 1,958,200 45.83% $377,328
17 FIRST TRUST ADVISORS LP 3/31/2023 6,144,043 -1,011,558 -14.14% $372,083
18 LEGAL & GENERAL GROUP PLC 3/31/2023 6,084,509 -68,129 -1.11% $368,478
19 INVESCO LTD. 3/31/2023 5,042,226 396,604 8.54% $305,357
20 GOLDMAN SACHS GROUP INC 3/31/2023 4,831,233 -22,279 -0.46% $292,579
21 PICTET ASSET MANAGEMENT SA 6/30/2023 4,652,332 -607,840 -11.56% $281,745
22 AMUNDI 3/31/2023 4,314,873 729,269 20.34% $261,309
23 BANK OF AMERICA CORP /DE/ 3/31/2023 3,768,812 248,560 7.06% $228,239
24 NORDEA INVESTMENT MANAGEMENT AB 6/30/2023 3,675,885 4,811 0.13% $222,612
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 6/30/2023 3,635,987 104,704 2.97% $220,195
26 AMERICAN CAPITAL MANAGEMENT INC 3/31/2023 3,407,875 -157,365 -4.41% $206,381
27 ALPHINITY INVESTMENT MANAGEMENT PTY LTD 6/30/2023 3,328,523 -1,994,239 -37.47% $201,575
28 TWO SIGMA ADVISERS, LP 3/31/2023 3,137,320 136,300 4.54% $189,996
29 UBS ASSET MANAGEMENT AMERICAS INC 3/31/2023 3,126,110 -862,692 -21.63% $189,317
30 D. E. SHAW & CO., INC. 3/31/2023 2,958,340 1,482,202 100.41% $179,157

 

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