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 | $76.132B | $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 | $1707.791B | 28.28 |
| ARM Holdings (ARM) | United Kingdom | $154.660B | 205.00 |
| Palo Alto Networks (PANW) | United States | $121.673B | 110.04 |
| CrowdStrike (CRWD) | United States | $97.803B | 522.46 |
| PayPal Holdings (PYPL) | United States | $88.985B | 19.38 |
| Atlassian (TEAM) | United States | $70.663B | 0.00 |
| Workday (WDAY) | United States | $70.596B | 139.68 |
| Sea (SE) | Singapore | $69.780B | 812.80 |
| Snowflake (SNOW) | United States | $60.369B | 0.00 |
| Datadog (DDOG) | United States | $49.504B | 238.88 |
| Adyen (ADYEY) | Netherlands | $49.495B | 0.00 |
| Cloudflare (NET) | United States | $46.825B | 0.00 |
| HubSpot (HUBS) | United States | $40.152B | 0.00 |
| Reddit (RDDT) | United States | $35.467B | 0.00 |
| Samsara (IOT) | United States | $28.604B | 0.00 |
| Zoom Communications (ZM) | United States | $26.726B | 29.86 |
| Pinterest (PINS) | United States | $22.451B | 92.28 |
| Twilio (TWLO) | United States | $22.409B | 324.67 |
| MongoDB (MDB) | United States | $20.727B | 0.00 |
| Snap (SNAP) | United States | $19.506B | 0.00 |
| Topicus (TOITF) | Canada | $19.448B | 82.75 |
| Docusign (DOCU) | United States | $19.285B | 86.00 |
| Toast (TOST) | United States | $18.859B | 0.00 |
| F5 (FFIV) | United States | $17.431B | 27.54 |
| Aspen Technology (AZPN) | United States | $16.685B | 46.94 |
| Rubrik (RBRK) | United States | $13.728B | 0.00 |
| Bentley Systems (BSY) | United States | $13.251B | 52.39 |
| Klaviyo (KVYO) | United States | $12.347B | 4579.00 |
| Monday (MNDY) | Israel | $12.069B | 290.70 |
| Procore Technologies (PCOR) | United States | $11.959B | 0.00 |
| Paycom Software (PAYC) | United States | $11.905B | 25.21 |
| Elastic (ESTC) | United States | $11.740B | 0.00 |
| GitLab (GTLB) | United States | $11.415B | 0.00 |
| Paylocity Holding (PCTY) | United States | $11.342B | 47.76 |
| Dayforce (DAY) | United States | $11.260B | 68.65 |
| Nice (NICE) | Israel | $10.437B | 20.57 |
| Confluent (CFLT) | United States | $9.873B | 0.00 |
| BILL Holdings (BILL) | United States | $9.862B | 194.47 |
| Altair Engineering (ALTR) | United States | $9.403B | 167.46 |
| Unity Software (U) | United States | $9.241B | 0.00 |
| AppFolio (APPF) | United States | $9.082B | 84.45 |
| Vertex (VERX) | United States | $9.058B | 156.97 |
| Informatica (INFA) | United States | $7.833B | 64.12 |
| ServiceTitan (TTAN) | United States | $7.654B | 0.00 |
| CCC Intelligent Solutions Holdings (CCCS) | United States | $7.304B | 74.20 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.085B | 286.80 |
| HashiCorp (HCP) | United States | $7.013B | 0.00 |
| Waystar Holding (WAY) | United States | $7.002B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $6.957B | 0.00 |
| OneStream (OS) | United States | $6.939B | 0.00 |
| TEMENOS GROUP (TMSNY) | Switzerland | $6.229B | 0.00 |
| Freshworks (FRSH) | United States | $5.845B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $5.614B | 32.76 |
| Workiva (WK) | United States | $5.565B | 0.00 |
| Intapp (INTA) | United States | $5.545B | 0.00 |
| Tenable Holdings (TENB) | United States | $5.223B | 0.00 |
| Asana (ASAN) | United States | $4.963B | 0.00 |
| Kingdee Software Group (KGDEY) | China | $4.847B | 0.00 |
| Box (BOX) | United States | $4.768B | 114.41 |
| Braze (BRZE) | United States | $4.756B | 0.00 |
| Rumble (RUM) | United States | $4.755B | 0.00 |
| NCino (NCNO) | United States | $3.986B | 245.86 |
| Paycor HCM (PYCR) | United States | $3.981B | 92.33 |
| BlackLine (BL) | United States | $3.930B | 43.67 |
| DigitalOcean Holdings (DOCN) | United States | $3.858B | 35.74 |
| Alight (ALIT) | United States | $3.769B | 14.77 |
| Compass (COMP) | United States | $3.710B | 0.00 |
| Alkami Technology (ALKT) | United States | $3.644B | 0.00 |
| JFrog (FROG) | United States | $3.597B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.470B | 55.43 |
| AvePoint (AVPT) | United States | $3.443B | 0.00 |
| CLEAR Secure (YOU) | United States | $3.258B | 24.60 |
| Grindr (GRND) | United States | $3.186B | 94.95 |
| Five9 (FIVN) | United States | $3.081B | 0.00 |
| Appian (APPN) | United States | $3.006B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $2.978B | 0.00 |
| StoneCo (STNE) | Cayman Islands | $2.740B | 6.82 |
| ODDITY Tech (ODD) | Israel | $2.588B | 28.80 |
| SEMrush Holdings (SEMR) | United States | $2.567B | 218.75 |
| SolarWinds (SWI) | United States | $2.555B | 24.16 |
| Magnite (MGNI) | United States | $2.471B | 103.29 |
| Flywire (FLYW) | United States | $2.468B | 132.27 |
| Rapid7 (RPD) | United States | $2.454B | 34.05 |
| Calix (CALX) | United States | $2.445B | 0.00 |
| Rigetti Computing (RGTI) | United States | $2.434B | 0.00 |
| NCR Atleos (NATL) | United States | $2.341B | 14.89 |
| Ziff Davis (ZD) | United States | $2.306B | 9.46 |
| AvidXchange Holdings (AVDX) | United States | $2.214B | 538.00 |
| EverCommerce (EVCM) | United States | $1.908B | 0.00 |
| PagerDuty (PD) | United States | $1.747B | 0.00 |
| WEBTOON Entertainment (WBTN) | United States | $1.660B | 0.00 |
| Planet Labs PBC (PL) | United States | $1.647B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $1.609B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.603B | 7.23 |
| Zuora (ZUO) | United States | $1.540B | 0.00 |
| Fastly (FSLY) | United States | $1.491B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $1.486B | 0.00 |
| Enfusion (ENFN) | United States | $1.436B | 223.40 |
| Karooooo (KARO) | Singapore | $1.405B | 28.79 |
| Docebo (DCBO) | Canada | $1.309B | 54.75 |
| Quantum Computing (QUBT) | United States | $1.306B | 0.00 |
| Tuya (TUYA) | China | $1.226B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.222B | 110.67 |
| Evolent Health (EVH) | United States | $1.213B | 24.79 |
| Olo (OLO) | United States | $1.213B | 0.00 |
| Weave Communications (WEAV) | United States | $1.196B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.176B | 0.00 |
| Udemy (UDMY) | United States | $1.123B | 0.00 |
| SoftwareOne Holding AG (SWONF) | Switzerland | $1.078B | 0.00 |
| Hello Group (MOMO) | China | $1.039B | 7.39 |
| Penguin Solutions (PENG) | Cayman Islands | $1.029B | 22.18 |
| Getty Images Holdings (GETY) | United States | $1.024B | 22.64 |
| Blend Labs (BLND) | United States | $0.996B | 0.00 |
| Nextdoor Holdings (KIND) | United States | $0.955B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $0.937B | 14.37 |
| Radware (RDWR) | Israel | $0.933B | 246.89 |
| Couchbase (BASE) | United States | $0.915B | 0.00 |
| CI&T (CINT) | Brazil | $0.910B | 33.85 |
| Riskified (RSKD) | United States | $0.909B | 0.00 |
| Bumble (BMBL) | United States | $0.900B | 14.60 |
| I3 Verticals (IIIV) | United States | $0.856B | 72.89 |
| PubMatic (PUBM) | United States | $0.744B | 50.23 |
| ONESPAN INC (OSPN) | United States | $0.734B | 18.23 |
| Thryv Holdings (THRY) | United States | $0.704B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.658B | 0.00 |
| Yalla Group (YALA) | $0.648B | 5.60 | |
| Consensus Cloud Solutions (CCSI) | United States | $0.588B | 6.50 |
| Definitive Healthcare (DH) | United States | $0.570B | 98.60 |
| BigCommerce Holdings (BIGC) | United States | $0.507B | 0.00 |
| Materialise (MTLS) | Belgium | $0.506B | 31.74 |
| Porch (PRCH) | United States | $0.496B | 0.00 |
| Innovid (CTV) | Israel | $0.463B | 0.00 |
| Arteris (AIP) | United States | $0.434B | 0.00 |
| Jiayin Group (JFIN) | China | $0.426B | 2.65 |
| 8x8 Inc (EGHT) | United States | $0.388B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.387B | 68.39 |
| Kaltura (KLTR) | United States | $0.344B | 0.00 |
| ZSpace (ZSPC) | United States | $0.340B | 0.00 |
| Domo (DOMO) | United States | $0.312B | 0.00 |
| CS Disco (LAW) | United States | $0.310B | 0.00 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.289B | 0.00 |
| ON24 (ONTF) | United States | $0.287B | 0.00 |
| Backblaze (BLZE) | United States | $0.276B | 0.00 |
| Rimini Street (RMNI) | United States | $0.272B | 6.97 |
| Digital Turbine (APPS) | United States | $0.254B | 30.62 |
| Sangoma Technologies (SANG) | Canada | $0.228B | 0.00 |
| Audioeye (AEYE) | United States | $0.225B | 108.88 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.207B | 0.00 |
| Perfect (PERF) | Taiwan | $0.199B | 21.27 |
| EGain (EGAN) | United States | $0.188B | 34.63 |
| Chegg (CHGG) | United States | $0.180B | 17.30 |
| Inseego (INSG) | United States | $0.174B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.159B | 0.00 |
| Rekor Systems (REKR) | United States | $0.152B | 0.00 |
| NetClass Technology Inc (NTCL) | China | $0.139B | 0.00 |
| TIAN GE INTERAC (TGRVF) | China | $0.137B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.125B | 0.00 |
| Upland Software (UPLD) | United States | $0.123B | 11.84 |
| Veea (VEEA) | United States | $0.113B | 0.00 |
| YXT.COM - (YXT) | China | $0.112B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.104B | 0.00 |
| GAN (GAN) | United States | $0.087B | 0.00 |
| Phunware (PHUN) | United States | $0.080B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.058B | 0.00 |
| Aurora Mobile (JG) | China | $0.050B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.045B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.043B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.043B | 9.68 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.042B | 0.00 |
| KOREs (KORE) | United States | $0.039B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.034B | 0.00 |
| SurgePays (SURG) | United States | $0.031B | 0.00 |
| OneMedNet (ONMD) | United States | $0.029B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.028B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.026B | 16.73 |
| SCHMID Group (SHMD) | Cayman Islands | $0.020B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.020B | 0.00 |
| ARB IOT Group (ARBB) | $0.014B | 0.00 | |
| Lifeward (LFWD) | United States | $0.013B | 0.00 |
| CISO Global (CISO) | United States | $0.012B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.010B | 0.00 |
| Locafy (LCFY) | Australia | $0.010B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.010B | 0.00 |
| DatChat (DATS) | United States | $0.010B | 0.00 |
| Amesite (AMST) | United States | $0.010B | 0.00 |
| Versus Systems (VS) | Canada | $0.006B | 0.00 |
| Verb Technology (VERB) | United States | $0.006B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.003B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 0.00 |
| My Size (MYSZ) | Israel | $0.002B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |