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 (63.7%) and products (36.3%).

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: 13,986

Sales by Activity: Fortinet, Inc.

Fiscal Period: December20192020202120222023

Network Security Solutions

2.16B 2.59B 3.34B 4.42B 5.3B
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Geographical breakdown of sales: Fortinet, Inc.

Fiscal Period: December20192020202120222023

Europe, Middle East and Africa (EMEA)

814M 992M 1.28B 1.69B 2.07B

United States

693M 813M 1.01B 1.32B 1.61B

Asia Pacific (APAC)

425M 525M 708M 941M 1.06B

Other Americas

224M 264M 352M 460M 569M
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Managers: Fortinet, Inc.

Director TitleAgeSince
President 55 2013-11-12
Chief Executive Officer 61 2000-09-30
Director of Finance/CFO 65 2018-04-30
Chief Operating Officer 55 2024-01-14
Investor Relations Contact - -
See FORTINET, INC. governance

Members of the board: Fortinet, Inc.

Manager TitleAgeSince
Chairman 61 2000-09-30
Director/Board Member 55 2001-01-31
Director/Board Member 82 2013-01-23
Director/Board Member 56 2015-06-21
Director/Board Member 68 2013-03-31
Director/Board Member 60 2019-10-17
Director/Board Member 74 2020-09-30
Director/Board Member 69 2021-10-21
Director/Board Member 69 2024-04-18
Director/Board Member 66 2024-11-06
Composition of the Board of Directors

Shareholders: Fortinet, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.792 %
67,384,476 8.792 % 6 405 M $
Ken Xie
8.346 %
63,964,933 8.346 % 6 080 M $
56,826,518 7.414 % 5 401 M $
BlackRock Advisors LLC
5.550 %
42,534,959 5.550 % 4 043 M $
27,281,279 3.559 % 2 593 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
Information Technology Services
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Security Software

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Change 5d. change 1-year change 3-years change Capi. ($)
-2.19%+2.09%+86.04%+50.48%76.04B
-4.18%+0.29%+30.33%+119.89%133B
+0.57%+3.24%+28.94%+69.44%20.55B
-2.15%-1.20%+37.61%+24.87%19.19B
-1.00%-1.08%+59.16%+98.88%14.08B
+7.98%+37.33% - - 11.74B
-2.01%-1.89%-24.20%-68.67%3.73B
-2.01%+0.95%+23.69%-33.76%1.69B
+13.39%+12.77%-25.76%-64.83%1.53B
-5.62%+2.51%+16.14% - 1.24B
Average +0.72%+4.32%+25.77%+24.54% 28.3B
Weighted average by Cap. -0.31%+4.77%+46.68%+84.04%
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Trading Rating
Investor Rating
ESG Refinitiv
B
surperformance-ratings-light-chart FORTINET-INCMore Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
43
Last Close Price
99.21USD
Average target price
95.27USD
Spread / Average Target
-3.98%
Consensus

Quarterly revenue - Rate of surprise

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