Fortinet Operating Expenses 2010-2024 | FTNT
Fortinet annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Fortinet operating expenses for the quarter ending September 30, 2024 were $1.037B, a 0.56% increase year-over-year.
- Fortinet operating expenses for the twelve months ending September 30, 2024 were $4.096B, a 3.46% increase year-over-year.
- Fortinet annual operating expenses for 2023 were $4.064B, a 17.86% increase from 2022.
- Fortinet annual operating expenses for 2022 were $3.448B, a 28.09% increase from 2021.
- Fortinet annual operating expenses for 2021 were $2.692B, a 30.51% increase from 2020.
| Fortinet Annual Operating Expenses (Millions of US $) |
|
|---|---|
| 2023 | $4,064 |
| 2022 | $3,448 |
| 2021 | $2,692 |
| 2020 | $2,063 |
| 2019 | $1,812 |
| 2018 | $1,570 |
| 2017 | $1,385 |
| 2016 | $1,233 |
| 2015 | $994 |
| 2014 | $711 |
| 2013 | $543 |
| 2012 | $433 |
| 2011 | $345 |
| 2010 | $269 |
| 2009 | $227 |
| Fortinet Quarterly Operating Expenses (Millions of US $) |
|
|---|---|
| 2024-09-30 | $1,037 |
| 2024-06-30 | $997 |
| 2024-03-31 | $1,032 |
| 2023-12-31 | $1,030 |
| 2023-09-30 | $1,031 |
| 2023-06-30 | $1,014 |
| 2023-03-31 | $989 |
| 2022-12-31 | $925 |
| 2022-09-30 | $884 |
| 2022-06-30 | $835 |
| 2022-03-31 | $804 |
| 2021-12-31 | $749 |
| 2021-09-30 | $701 |
| 2021-06-30 | $654 |
| 2021-03-31 | $589 |
| 2020-12-31 | $579 |
| 2020-09-30 | $524 |
| 2020-06-30 | $499 |
| 2020-03-31 | $461 |
| 2019-12-31 | $496 |
| 2019-09-30 | $448 |
| 2019-06-30 | $447 |
| 2019-03-31 | $422 |
| 2018-12-31 | $422 |
| 2018-09-30 | $391 |
| 2018-06-30 | $391 |
| 2018-03-31 | $367 |
| 2017-12-31 | $374 |
| 2017-09-30 | $341 |
| 2017-06-30 | $335 |
| 2017-03-31 | $335 |
| 2016-12-31 | $318 |
| 2016-09-30 | $311 |
| 2016-06-30 | $315 |
| 2016-03-31 | $288 |
| 2015-12-31 | $284 |
| 2015-09-30 | $262 |
| 2015-06-30 | $237 |
| 2015-03-31 | $212 |
| 2014-12-31 | $204 |
| 2014-09-30 | $178 |
| 2014-06-30 | $173 |
| 2014-03-31 | $156 |
| 2013-12-31 | $153 |
| 2013-09-30 | $136 |
| 2013-06-30 | $134 |
| 2013-03-31 | $120 |
| 2012-12-31 | $116 |
| 2012-09-30 | $110 |
| 2012-06-30 | $108 |
| 2012-03-31 | $99 |
| 2011-12-31 | $94 |
| 2011-09-30 | $90 |
| 2011-06-30 | $84 |
| 2011-03-31 | $76 |
| 2010-12-31 | $73 |
| 2010-09-30 | $67 |
| 2010-06-30 | $67 |
| 2010-03-31 | $63 |
| 2009-12-31 | $63 |
| 2009-09-30 | $56 |
| 2009-06-30 | $56 |
| 2009-03-31 | $51 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $74.492B | $5.305B |
| Fortinet, Inc. is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. The company's network security gateways protect customer data, reduce security complexities and lower the total cost of ownership. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Meta Platforms (META) | United States | $1477.457B | 27.57 |
| ARM Holdings (ARM) | United Kingdom | $138.471B | 183.54 |
| Palo Alto Networks (PANW) | United States | $122.565B | 110.85 |
| CrowdStrike (CRWD) | United States | $89.236B | 476.70 |
| PayPal Holdings (PYPL) | United States | $87.351B | 19.02 |
| Workday (WDAY) | United States | $72.629B | 143.71 |
| Atlassian (TEAM) | United States | $66.999B | 0.00 |
| Sea (SE) | Singapore | $63.324B | 737.60 |
| Snowflake (SNOW) | United States | $54.892B | 0.00 |
| Datadog (DDOG) | United States | $50.775B | 245.02 |
| Adyen (ADYEY) | Netherlands | $47.028B | 0.00 |
| Cloudflare (NET) | United States | $38.675B | 0.00 |
| HubSpot (HUBS) | United States | $37.117B | 0.00 |
| Veeva Systems (VEEV) | United States | $36.391B | 53.62 |
| Reddit (RDDT) | United States | $29.973B | 0.00 |
| Zoom Communications (ZM) | United States | $26.236B | 29.32 |
| Samsara (IOT) | United States | $24.872B | 0.00 |
| Pinterest (PINS) | United States | $19.930B | 81.92 |
| Snap (SNAP) | United States | $19.120B | 0.00 |
| Docusign (DOCU) | United States | $19.073B | 85.05 |
| MongoDB (MDB) | United States | $18.292B | 0.00 |
| Toast (TOST) | United States | $17.700B | 0.00 |
| Topicus (TOITF) | Canada | $16.939B | 72.07 |
| Twilio (TWLO) | United States | $16.555B | 239.84 |
| Aspen Technology (AZPN) | United States | $15.858B | 44.61 |
| F5 (FFIV) | United States | $14.786B | 24.12 |
| Bentley Systems (BSY) | United States | $13.995B | 55.33 |
| Rubrik (RBRK) | United States | $12.248B | 0.00 |
| Paycom Software (PAYC) | United States | $11.949B | 25.30 |
| Dayforce (DAY) | United States | $11.802B | 71.96 |
| Monday (MNDY) | Israel | $11.707B | 281.96 |
| Nice (NICE) | Israel | $11.067B | 21.81 |
| Paylocity Holding (PCTY) | United States | $10.973B | 46.20 |
| Elastic (ESTC) | United States | $10.739B | 0.00 |
| GitLab (GTLB) | United States | $9.710B | 0.00 |
| BILL Holdings (BILL) | United States | $9.265B | 182.69 |
| AppFolio (APPF) | United States | $9.148B | 85.06 |
| Unity Software (U) | United States | $9.068B | 0.00 |
| Vertex (VERX) | United States | $8.349B | 144.68 |
| Informatica (INFA) | United States | $8.202B | 67.15 |
| Smartsheet (SMAR) | United States | $7.842B | 560.10 |
| Trump Media & Technology Group (DJT) | United States | $7.529B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.090B | 287.00 |
| HashiCorp (HCP) | United States | $7.006B | 0.00 |
| OneStream (OS) | United States | $6.956B | 0.00 |
| Workiva (WK) | United States | $6.358B | 0.00 |
| Waystar Holding (WAY) | United States | $6.336B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $5.165B | 30.27 |
| Intapp (INTA) | United States | $5.045B | 0.00 |
| Asana (ASAN) | United States | $4.959B | 0.00 |
| Tenable Holdings (TENB) | United States | $4.932B | 0.00 |
| Freshworks (FRSH) | United States | $4.643B | 0.00 |
| Box (BOX) | United States | $4.603B | 110.45 |
| NCino (NCNO) | United States | $4.078B | 251.57 |
| Kingdee Software Group (KGDEY) | China | $3.971B | 0.00 |
| BlackLine (BL) | United States | $3.963B | 44.05 |
| Alkami Technology (ALKT) | United States | $3.931B | 0.00 |
| Alight (ALIT) | United States | $3.725B | 14.60 |
| CLEAR Secure (YOU) | United States | $3.717B | 28.06 |
| Paycor HCM (PYCR) | United States | $3.424B | 79.42 |
| DoubleVerify Holdings (DV) | United States | $3.377B | 53.95 |
| DigitalOcean Holdings (DOCN) | United States | $3.294B | 30.51 |
| Five9 (FIVN) | United States | $3.206B | 0.00 |
| JFrog (FROG) | United States | $3.144B | 0.00 |
| Grindr (GRND) | United States | $3.057B | 91.11 |
| Appian (APPN) | United States | $3.012B | 0.00 |
| Rumble (RUM) | United States | $2.801B | 0.00 |
| StoneCo (STNE) | Cayman Islands | $2.533B | 6.31 |
| Flywire (FLYW) | United States | $2.505B | 134.20 |
| ODDITY Tech (ODD) | Israel | $2.488B | 27.70 |
| Rapid7 (RPD) | United States | $2.488B | 34.53 |
| SolarWinds (SWI) | United States | $2.465B | 23.31 |
| Kingsoft Cloud Holdings (KC) | China | $2.430B | 0.00 |
| Ziff Davis (ZD) | United States | $2.401B | 9.85 |
| Calix (CALX) | United States | $2.345B | 252.57 |
| NCR Atleos (NATL) | United States | $2.336B | 14.85 |
| Magnite (MGNI) | United States | $2.299B | 96.12 |
| AvidXchange Holdings (AVDX) | United States | $2.172B | 528.00 |
| Quantum Computing (QUBT) | United States | $2.096B | 0.00 |
| EverCommerce (EVCM) | United States | $2.050B | 0.00 |
| Rigetti Computing (RGTI) | United States | $1.802B | 0.00 |
| SEMrush Holdings (SEMR) | United States | $1.790B | 152.50 |
| WEBTOON Entertainment (WBTN) | United States | $1.674B | 0.00 |
| PagerDuty (PD) | United States | $1.667B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.648B | 7.43 |
| Zuora (ZUO) | United States | $1.523B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $1.443B | 0.00 |
| Fastly (FSLY) | United States | $1.414B | 0.00 |
| Docebo (DCBO) | Canada | $1.397B | 58.47 |
| Soho House & Co (SHCO) | United Kingdom | $1.378B | 0.00 |
| Enfusion (ENFN) | United States | $1.367B | 212.60 |
| Evolent Health (EVH) | United States | $1.330B | 27.17 |
| Olo (OLO) | United States | $1.282B | 0.00 |
| Planet Labs PBC (PL) | United States | $1.199B | 0.00 |
| Udemy (UDMY) | United States | $1.153B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.133B | 0.00 |
| Blend Labs (BLND) | United States | $1.126B | 0.00 |
| Hello Group (MOMO) | China | $1.065B | 7.58 |
| VTEX (VTEX) | United Kingdom | $1.045B | 94.67 |
| Penguin Solutions (PENG) | Cayman Islands | $0.986B | 30.85 |
| Radware (RDWR) | Israel | $0.948B | 250.89 |
| Getty Images Holdings (GETY) | United States | $0.937B | 20.73 |
| Nextdoor Holdings (KIND) | United States | $0.921B | 0.00 |
| Tuya (TUYA) | China | $0.908B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $0.901B | 14.61 |
| Bumble (BMBL) | United States | $0.838B | 13.60 |
| CI&T (CINT) | Brazil | $0.832B | 30.95 |
| Riskified (RSKD) | United States | $0.827B | 0.00 |
| Couchbase (BASE) | United States | $0.808B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.783B | 66.69 |
| PubMatic (PUBM) | United States | $0.738B | 49.81 |
| ONESPAN INC (OSPN) | United States | $0.693B | 17.22 |
| Yalla Group (YALA) | $0.648B | 5.60 | |
| Cognyte Software (CGNT) | Israel | $0.623B | 0.00 |
| Porch (PRCH) | United States | $0.608B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.599B | 0.00 |
| Innovid (CTV) | Israel | $0.471B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.455B | 5.04 |
| Materialise (MTLS) | Belgium | $0.440B | 27.59 |
| ReposiTrak (TRAK) | United States | $0.420B | 74.26 |
| Arteris (AIP) | United States | $0.381B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.355B | 0.00 |
| Kaltura (KLTR) | United States | $0.350B | 0.00 |
| Jiayin Group (JFIN) | China | $0.336B | 2.09 |
| CS Disco (LAW) | United States | $0.312B | 0.00 |
| Backblaze (BLZE) | United States | $0.285B | 0.00 |
| Domo (DOMO) | United States | $0.279B | 0.00 |
| ON24 (ONTF) | United States | $0.269B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.234B | 0.00 |
| Rimini Street (RMNI) | United States | $0.229B | 5.86 |
| Audioeye (AEYE) | United States | $0.213B | 102.65 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.198B | 0.00 |
| ZSpace (ZSPC) | United States | $0.194B | 0.00 |
| Perfect (PERF) | Taiwan | $0.189B | 20.18 |
| Chegg (CHGG) | United States | $0.185B | 17.70 |
| Digital Turbine (APPS) | United States | $0.178B | 21.50 |
| EGain (EGAN) | United States | $0.162B | 29.84 |
| Inseego (INSG) | United States | $0.162B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.159B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.141B | 0.00 |
| YXT.COM - (YXT) | China | $0.139B | 0.00 |
| Veea (VEEA) | United States | $0.135B | 0.00 |
| Upland Software (UPLD) | United States | $0.119B | 11.40 |
| Synchronoss Technologies (SNCR) | United States | $0.101B | 0.00 |
| Nvni Group (NVNI) | United States | $0.086B | 0.00 |
| GAN (GAN) | United States | $0.083B | 0.00 |
| Phunware (PHUN) | United States | $0.077B | 0.00 |
| Rekor Systems (REKR) | United States | $0.077B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.060B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.042B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.040B | 8.93 |
| OneMedNet (ONMD) | United States | $0.039B | 0.00 |
| SurgePays (SURG) | United States | $0.036B | 0.00 |
| Aurora Mobile (JG) | China | $0.035B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.034B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.031B | 19.67 |
| KOREs (KORE) | United States | $0.023B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.022B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.022B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.021B | 0.00 |
| CISO Global (CISO) | United States | $0.019B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.015B | 0.00 |
| Amesite (AMST) | United States | $0.014B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.013B | 0.00 |
| Lifeward (LFWD) | United States | $0.013B | 0.00 |
| ARB IOT Group (ARBB) | $0.011B | 0.00 | |
| MF (MFI) | Hong Kong, SAR China | $0.009B | 0.00 |
| Locafy (LCFY) | Australia | $0.009B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.008B | 0.00 |
| Versus Systems (VS) | Canada | $0.006B | 0.00 |
| Verb Technology (VERB) | United States | $0.006B | 0.00 |
| My Size (MYSZ) | Israel | $0.005B | 0.00 |
| DatChat (DATS) | United States | $0.005B | 0.00 |
| Femto Technologies (BCAN) | Israel | $0.005B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.003B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Compass (COMP) | United States | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Karooooo (KARO) | Singapore | $0.000B | 31.41 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |