Fortinet's revenue for the
three
months ended in Mar. 2026 was CHF1,850 Mil.
Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF7,110 Mil.
Fortinet's Revenue per Share for the
three
months ended in Mar. 2026 was CHF2.49.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF9.41.
Good Sign:
Fortinet Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Fortinet was 18.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 17.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 23.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 23.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Fortinet's highest 3-Year average Revenue per Share Growth Rate was 30.40% per year. The lowest was -12.70% per year. And the median was 21.80% per year.
Fortinet (XSWX:FTNT) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Fortinet Revenue Related Terms
Fortinet Revenue Historical Data
* Premium members only.
The historical data trend for Fortinet's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Fortinet's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortinet Revenue vs Software Industry
For the Software industry and Technology sector, Fortinet's Revenue distribution charts can be found below:
* The bar in red indicates where Fortinet's Revenue falls into.
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF7,110 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortinet (XSWX:FTNT) has a Revenue of CHF7,110 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Fortinet and its competitors.
Is Fortinet's Revenue too high?
Fortinet's current Revenue is CHF7,110 Mil. Overall, Fortinet has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Revenue compare to ?
Fortinet's Revenue of CHF7,110 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Software company?
A good Revenue depends on the Software industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Fortinet and its competitors. Fortinet's current Revenue is CHF7,110 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinet stock overvalued right now?
Fortinet (XSWX:FTNT) has a current Revenue of CHF7,110 Mil. The stock's GF Value™ is CHF80.86, compared to a current price of CHF127.04 — trading 57.1% above its estimated fair value. The current Revenue is CHF7,110 Mil. Fortinet's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Fortinet (XSWX:FTNT), the current Revenue is CHF7,110 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortinet (XSWX:FTNT) Overvalued in 2026?
Based on GuruFocus' analysis, Fortinet stock appears to be overvalued.
The current stock price of CHF127.04 is trading 57.1% above its estimated GF Value™ of CHF80.86.
Key valuation signals for XSWX:FTNT:
Revenue: CHF7,110 Mil
GF Value™: CHF80.86 vs. price of CHF127.04 (57.1% above fair value)
No single metric tells the full story. See the XSWX:FTNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
91GF Score
Get the complete analysis for XSWX:FTNT
Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:FTNT has been successfully added to your 
