Fortinet Research and Development Expenses 2010-2024 | FTNT
Fortinet annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Fortinet research and development expenses for the quarter ending December 31, 2024 were $0.191B, a 25.31% increase year-over-year.
- Fortinet research and development expenses for the twelve months ending December 31, 2024 were $0.717B, a 16.78% increase year-over-year.
- Fortinet annual research and development expenses for 2024 were $0.717B, a 16.78% increase from 2023.
- Fortinet annual research and development expenses for 2023 were $0.614B, a 19.79% increase from 2022.
- Fortinet annual research and development expenses for 2022 were $0.512B, a 20.79% increase from 2021.
Fortinet Annual Research and Development Expenses
(Millions of US $) |
| 2024 |
$717 |
| 2023 |
$614 |
| 2022 |
$512 |
| 2021 |
$424 |
| 2020 |
$341 |
| 2019 |
$277 |
| 2018 |
$245 |
| 2017 |
$211 |
| 2016 |
$183 |
| 2015 |
$158 |
| 2014 |
$123 |
| 2013 |
$103 |
| 2012 |
$81 |
| 2011 |
$64 |
| 2010 |
$50 |
| 2009 |
$42 |
Fortinet Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-12-31 |
$191 |
| 2024-09-30 |
$187 |
| 2024-06-30 |
$165 |
| 2024-03-31 |
$173 |
| 2023-12-31 |
$153 |
| 2023-09-30 |
$157 |
| 2023-06-30 |
$153 |
| 2023-03-31 |
$151 |
| 2022-12-31 |
$129 |
| 2022-09-30 |
$134 |
| 2022-06-30 |
$124 |
| 2022-03-31 |
$125 |
| 2021-12-31 |
$113 |
| 2021-09-30 |
$108 |
| 2021-06-30 |
$107 |
| 2021-03-31 |
$97 |
| 2020-12-31 |
$89 |
| 2020-09-30 |
$90 |
| 2020-06-30 |
$82 |
| 2020-03-31 |
$80 |
| 2019-12-31 |
$71 |
| 2019-09-30 |
$70 |
| 2019-06-30 |
$67 |
| 2019-03-31 |
$69 |
| 2018-12-31 |
$66 |
| 2018-09-30 |
$59 |
| 2018-06-30 |
$61 |
| 2018-03-31 |
$59 |
| 2017-12-31 |
$55 |
| 2017-09-30 |
$54 |
| 2017-06-30 |
$51 |
| 2017-03-31 |
$51 |
| 2016-12-31 |
$46 |
| 2016-09-30 |
$47 |
| 2016-06-30 |
$46 |
| 2016-03-31 |
$45 |
| 2015-12-31 |
$43 |
| 2015-09-30 |
$42 |
| 2015-06-30 |
$37 |
| 2015-03-31 |
$36 |
| 2014-12-31 |
$33 |
| 2014-09-30 |
$31 |
| 2014-06-30 |
$30 |
| 2014-03-31 |
$29 |
| 2013-12-31 |
$28 |
| 2013-09-30 |
$26 |
| 2013-06-30 |
$25 |
| 2013-03-31 |
$23 |
| 2012-12-31 |
$21 |
| 2012-09-30 |
$20 |
| 2012-06-30 |
$20 |
| 2012-03-31 |
$20 |
| 2011-12-31 |
$16 |
| 2011-09-30 |
$17 |
| 2011-06-30 |
$16 |
| 2011-03-31 |
$14 |
| 2010-12-31 |
$13 |
| 2010-09-30 |
$12 |
| 2010-06-30 |
$13 |
| 2010-03-31 |
$12 |
| 2009-12-31 |
$11 |
| 2009-09-30 |
$11 |
| 2009-06-30 |
$11 |
| 2009-03-31 |
$10 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Security |
$87.537B |
$5.956B |
|
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.
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