FTNT

Fortinet
D

FTNT

Arincen91/100B

Fortinet company profile

CEO
Ken Xie
Employees
15,311
Headquarters
899 Kifer Road, Sunnyvale, CA 94086, US
Sector
Technology
Industry
Software - Infrastructure
IPO date
18 Nov 2009
Stock exchange
NASDAQ
ISIN
US34959E1091

Website:fortinet.com

About the company

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.

Employees

Fortinet had about 15,109 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 6.9% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY202515,109+6.87%450.04K USD122.67K USD
FY202414,138+4.20%421.26K USD123.44K USD
FY202313,568+7.73%390.98K USD84.60K USD
FY202212,595+23.54%350.73K USD68.07K USD
FY202110,195+23.76%327.83K USD59.52K USD
FY20208,238+16.32%314.93K USD59.30K USD
FY20197,082+21.16%305.42K USD46.84K USD
FY20185,845+15.38%308.74K USD57.30K USD
FY20175,066+8.60%295.08K USD6.20K USD
FY20164,665+16.10%273.40K USD6.90K USD
FY20154,018+40.78%251.19K USD1.99K USD
FY20142,854+23.66%269.92K USD8.88K USD
FY20132,308+18.12%266.59K USD19.18K USD
FY20121,954+23.44%273.10K USD34.20K USD
FY20111,583+18.49%273.90K USD39.48K USD
FY20101,336+9.24%243.04K USD30.87K USD
FY20091,223—206.14K USD49.21K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Fortinet

Institutions such as funds, banks and insurers held 68.9% of Fortinet's shares on 30 June 2026, 1,668 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 68.9%Other shareholders 31.1%

Shares free to trade

Free float 619.87M shares ·84.4% Closely held 114.84M shares ·15.6%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Fortinet

Source: Financial Modeling PrepVerified against SEC filings