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 | $69.586B | $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 | $1416.465B | 26.43 |
| Palo Alto Networks (PANW) | United States | $126.352B | 122.42 |
| CrowdStrike (CRWD) | United States | $86.601B | 420.58 |
| PayPal Holdings (PYPL) | United States | $84.303B | 18.36 |
| Workday (WDAY) | United States | $68.874B | 166.60 |
| Sea (SE) | Singapore | $65.064B | 757.87 |
| Atlassian (TEAM) | United States | $64.517B | 0.00 |
| Datadog (DDOG) | United States | $45.322B | 218.71 |
| Snowflake (SNOW) | United States | $43.656B | 0.00 |
| Adyen (ADYEY) | Netherlands | $40.858B | 0.00 |
| HubSpot (HUBS) | United States | $35.235B | 0.00 |
| Veeva Systems (VEEV) | United States | $33.988B | 54.24 |
| Cloudflare (NET) | United States | $33.074B | 0.00 |
| Samsara (IOT) | United States | $29.059B | 0.00 |
| Reddit (RDDT) | United States | $24.082B | 0.00 |
| Zoom Video Communications (ZM) | United States | $23.931B | 28.17 |
| MongoDB (MDB) | United States | $21.359B | 0.00 |
| Pinterest (PINS) | United States | $20.065B | 82.47 |
| Toast (TOST) | United States | $20.018B | 0.00 |
| Topicus (TOITF) | Canada | $18.004B | 76.60 |
| Snap (SNAP) | United States | $17.627B | 0.00 |
| Docusign (DOCU) | United States | $16.140B | 78.73 |
| Aspen Technology (AZPN) | United States | $15.623B | 43.95 |
| Twilio (TWLO) | United States | $14.779B | 214.11 |
| F5 (FFIV) | United States | $14.048B | 22.91 |
| Bentley Systems (BSY) | United States | $13.594B | 53.75 |
| Paycom Software (PAYC) | United States | $12.508B | 26.49 |
| Monday (MNDY) | Israel | $12.408B | 298.86 |
| Dayforce (DAY) | United States | $11.790B | 71.89 |
| Paylocity Holding (PCTY) | United States | $10.858B | 45.72 |
| Nice (NICE) | Israel | $10.856B | 21.40 |
| GitLab (GTLB) | United States | $9.776B | 0.00 |
| Elastic (ESTC) | United States | $9.070B | 0.00 |
| BILL Holdings (BILL) | United States | $8.910B | 175.69 |
| AppFolio (APPF) | United States | $8.304B | 77.21 |
| Vertex (VERX) | United States | $7.985B | 138.38 |
| Unity Software (U) | United States | $7.976B | 0.00 |
| Rubrik (RBRK) | United States | $7.961B | 0.00 |
| Informatica (INFA) | United States | $7.860B | 64.35 |
| Smartsheet (SMAR) | United States | $7.766B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.613B | 308.20 |
| OneStream (OS) | United States | $7.134B | 0.00 |
| HashiCorp (HCP) | United States | $6.819B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $6.480B | 0.00 |
| Waystar Holding (WAY) | United States | $5.374B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $5.153B | 31.60 |
| Workiva (WK) | United States | $4.995B | 0.00 |
| Tenable Holdings (TENB) | United States | $4.900B | 0.00 |
| Box (BOX) | United States | $4.748B | 144.13 |
| NCino (NCNO) | United States | $4.628B | 445.00 |
| Freshworks (FRSH) | United States | $4.540B | 0.00 |
| Intapp (INTA) | United States | $4.480B | 0.00 |
| Alight (ALIT) | United States | $4.251B | 16.55 |
| Alkami Technology (ALKT) | United States | $3.800B | 0.00 |
| Kingdee Software Group (KGDEY) | China | $3.795B | 0.00 |
| CLEAR Secure (YOU) | United States | $3.675B | 27.75 |
| BlackLine (BL) | United States | $3.605B | 40.07 |
| DigitalOcean Holdings (DOCN) | United States | $3.509B | 32.50 |
| Clarivate (CLVT) | United Kingdom | $3.460B | 7.27 |
| DoubleVerify Holdings (DV) | United States | $3.262B | 52.11 |
| Compass (COMP) | United States | $3.215B | 0.00 |
| Appian (APPN) | United States | $3.145B | 0.00 |
| Asana (ASAN) | United States | $3.144B | 0.00 |
| JFrog (FROG) | United States | $3.052B | 0.00 |
| Paycor HCM (PYCR) | United States | $2.903B | 67.33 |
| StoneCo (STNE) | Cayman Islands | $2.867B | 7.14 |
| Five9 (FIVN) | United States | $2.834B | 0.00 |
| Flywire (FLYW) | United States | $2.791B | 149.53 |
| Grindr (GRND) | United States | $2.628B | 78.32 |
| Rapid7 (RPD) | United States | $2.466B | 34.23 |
| Ziff Davis (ZD) | United States | $2.370B | 9.73 |
| ODDITY Tech (ODD) | Israel | $2.303B | 25.63 |
| Magnite (MGNI) | United States | $2.288B | 95.65 |
| SolarWinds (SWI) | United States | $2.224B | 21.03 |
| Rumble (RUM) | United States | $2.210B | 0.00 |
| AvidXchange Holdings (AVDX) | United States | $2.189B | 532.00 |
| Calix (CALX) | United States | $2.145B | 231.07 |
| SEMrush Holdings (SEMR) | United States | $2.066B | 176.38 |
| EverCommerce (EVCM) | United States | $2.055B | 0.00 |
| PagerDuty (PD) | United States | $1.739B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.577B | 7.11 |
| Zuora (ZUO) | United States | $1.503B | 0.00 |
| Docebo (DCBO) | Canada | $1.438B | 60.20 |
| WEBTOON Entertainment (WBTN) | United States | $1.426B | 0.00 |
| Evolent Health (EVH) | United States | $1.393B | 28.45 |
| Blend Labs (BLND) | United States | $1.272B | 0.00 |
| Enfusion (ENFN) | United States | $1.239B | 192.80 |
| Getty Images Holdings (GETY) | United States | $1.213B | 26.82 |
| Arlo Technologies (ARLO) | United States | $1.198B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $1.164B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.148B | 104.00 |
| Udemy (UDMY) | United States | $1.102B | 0.00 |
| Olo (OLO) | United States | $1.064B | 0.00 |
| Couchbase (BASE) | United States | $1.036B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $1.021B | 16.56 |
| Hello Group (MOMO) | China | $0.968B | 6.68 |
| Radware (RDWR) | Israel | $0.965B | 255.33 |
| Soho House & Co (SHCO) | United Kingdom | $0.961B | 0.00 |
| Fastly (FSLY) | United States | $0.941B | 0.00 |
| Nextdoor Holdings (KIND) | United States | $0.940B | 0.00 |
| Planet Labs PBC (PL) | United States | $0.933B | 0.00 |
| Penguin Solutions (PENG) | Cayman Islands | $0.912B | 28.52 |
| CI&T (CINT) | Brazil | $0.895B | 33.30 |
| Bumble (BMBL) | United States | $0.846B | 13.72 |
| Tuya (TUYA) | China | $0.802B | 0.00 |
| Riskified (RSKD) | United States | $0.786B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.784B | 66.26 |
| PubMatic (PUBM) | United States | $0.768B | 49.97 |
| Yalla Group (YALA) | $0.694B | 6.00 | |
| ONESPAN INC (OSPN) | United States | $0.644B | 16.00 |
| Thryv Holdings (THRY) | United States | $0.570B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.502B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.452B | 5.00 |
| ReposiTrak (TRAK) | United States | $0.420B | 74.19 |
| Materialise (MTLS) | Belgium | $0.399B | 25.02 |
| Jiayin Group (JFIN) | China | $0.365B | 2.19 |
| Porch (PRCH) | United States | $0.355B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.351B | 0.00 |
| Domo (DOMO) | United States | $0.339B | 0.00 |
| CS Disco (LAW) | United States | $0.326B | 0.00 |
| Arteris (AIP) | United States | $0.325B | 0.00 |
| Audioeye (AEYE) | United States | $0.312B | 150.47 |
| Kaltura (KLTR) | United States | $0.305B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $0.300B | 0.00 |
| Backblaze (BLZE) | United States | $0.280B | 0.00 |
| ON24 (ONTF) | United States | $0.265B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.260B | 0.00 |
| Innovid (CTV) | Israel | $0.250B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.212B | 0.00 |
| Inseego (INSG) | United States | $0.192B | 0.00 |
| Rimini Street (RMNI) | United States | $0.179B | 4.58 |
| Chegg (CHGG) | United States | $0.175B | 16.80 |
| Perfect (PERF) | Taiwan | $0.155B | 16.55 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.145B | 0.00 |
| EGain (EGAN) | United States | $0.143B | 26.47 |
| Cheetah Mobile (CMCM) | China | $0.129B | 0.00 |
| Digital Turbine (APPS) | United States | $0.126B | 15.12 |
| YXT.COM - (YXT) | China | $0.124B | 0.00 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.110B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.097B | 0.00 |
| Phunware (PHUN) | United States | $0.090B | 0.00 |
| Upland Software (UPLD) | United States | $0.087B | 8.37 |
| Rekor Systems (REKR) | United States | $0.085B | 0.00 |
| GAN (GAN) | United States | $0.083B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.067B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.049B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.049B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.039B | 8.89 |
| KOREs (KORE) | United States | $0.033B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.033B | 21.07 |
| SurgePays (SURG) | United States | $0.031B | 0.00 |
| Aurora Mobile (JG) | China | $0.030B | 0.00 |
| Veea (VEEA) | United States | $0.030B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.025B | 0.00 |
| OneMedNet (ONMD) | United States | $0.024B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.019B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.019B | 0.00 |
| Lifeward (LFWD) | United States | $0.016B | 0.00 |
| ARB IOT Group (ARBB) | $0.013B | 0.00 | |
| CISO Global (CISO) | United States | $0.012B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.009B | 0.00 |
| Nvni Group (NVNI) | United States | $0.009B | 0.00 |
| Locafy (LCFY) | Australia | $0.008B | 0.00 |
| Verb Technology (VERB) | United States | $0.007B | 0.00 |
| Amesite (AMST) | United States | $0.007B | 0.00 |
| DatChat (DATS) | United States | $0.006B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.006B | 0.00 |
| Femto Technologies (BCAN) | Israel | $0.005B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.005B | 0.00 |
| Versus Systems (VS) | Canada | $0.004B | 0.00 |
| Oblong (OBLG) | United States | $0.003B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.002B | 0.00 |
| SCWorx (WORX) | United States | $0.002B | 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 |
| Karooooo (KARO) | Singapore | $0.000B | 27.17 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |