Fortinet
Fortinet is a publicly traded cybersecurity company (NASDAQ: FTNT) that provides a unified Security Fabric platform built on its proprietary FortiOS operating system and FortiASIC processors, serving over 700,000 enterprises, service providers, and government organizations globally with network security, SASE, cloud security, and AI-powered security operations.
- Company typePublic
- Founded2000
- HeadquartersSunnyvale, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What Fortinet does
Fortinet is a publicly traded cybersecurity company (NASDAQ: FTNT) founded in 2000 by Ken Xie and headquartered in Sunnyvale, California, serving over 700,000 enterprises, service providers, and government organizations worldwide. The company offers a unified Security Fabric platform built on a single operating system (FortiOS) that converges network security, secure networking, unified SASE, cloud security, and security operations into an integrated architecture. The portfolio is anchored by FortiGate Next-Generation Firewalls, differentiated by proprietary FortiASIC custom processors designed specifically for security processing in data centers, and extends across FortiSOC (unified AI-powered SOC platform), FortiSIEM, FortiSOAR, FortiEDR, FortiNDR, FortiSASE, FortiCNAPP, and a broad range of identity, OT, and ruggedized networking products. FortiGuard Labs powers AI-driven threat intelligence across the platform, processing over one trillion cloud events daily.
Fortinet generates revenue through a mix of hardware appliance sales (Q1 2026 product revenue of $645 million, up 41% year-over-year driven by AI data center demand), recurring security subscriptions including FortiGuard AI-powered services and OT Security Service, professional services and FortiCare support, and cloud-delivered subscriptions such as FortiGate-as-a-Service. Q1 2026 revenue reached $1.85 billion (20% year-over-year growth), full-year 2026 guidance was raised to $7.71-$7.87 billion, and GAAP operating margin stood at 31% with $7.35 billion in deferred revenue. The go-to-market combines direct enterprise field sales targeting large deals (with transactions exceeding $1 million growing 60%+ year-over-year), an extensive global channel partner network including MSSPs and global system integrators (NEC XON named Most Certified Partner for EMEA), and cloud marketplace distribution across AWS, Azure, Google Cloud, and Oracle. Customer segments span enterprise organizations, service providers/MSSPs, government, SMB, OT/industrial environments, and AI data center operators.
Fortinet firmographics
Firmographics- Name
- Fortinet
- Legal name
- Fortinet, Inc.
- Website
- https://fortinet.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Fortinet is a publicly traded cybersecurity company (NASDAQ: FTNT) that provides a unified Security Fabric platform built on its proprietary FortiOS operating system and FortiASIC processors, serving over 700,000 enterprises, service providers, and government organizations globally with network security, SASE, cloud security, and AI-powered security operations.
- Ownership category
- akta.pro rank
Fortinet industry classification
Industry- Product category
- Cybersecurity Platform
- NAICS
- Security Systems Services (56162), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Secure SD-WAN & Branch Security (HDADABAL)
- akta.pro secondary industries
- Secure Access Service Edge (SASE) & Secure SD-WAN (HDAIAFAH), Application Security & DevSecOps Services (BPAKAHAJ), Cloud-Managed & Managed Security Systems Services (Remote Monitoring, Maintenance) (BPAKAGAJ), Virtualization, Containers & Kubernetes Security (EDAOAIAO), Container & Kubernetes Application Security (HDADACAE)
Keywords
Where Fortinet is headquartered
LocationHeadquarters
- HQ city
- Sunnyvale
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Fortinet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Supply Chain, Operations, Infrastructure
Revenue model
- Product Revenue (Hardware Appliances): Next-generation firewalls, ruggedized OT appliances, switches, wireless access points, and other networking hardware. Q1 2026 product revenue was $645 million, growing 41% year-over-year driven by AI data center demand.
- Security Subscriptions: Recurring security subscriptions including FortiGuard AI-powered security services, OT Security Service, and other threat protection services. Growing faster than product revenue and increasing as share of total revenue.
- Services (Support and Training): Technical support, FortiCare services, professional services, and cybersecurity training including the NSE Certification programme. Includes SOCaaS, managed detection and response, and incident response services.
- FortiGate-as-a-Service: Cloud-delivered subscription model for FortiGate NGFW enabling consumption-based pricing for SMB and enterprise customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise firewall appliances with varying throughput capacities |
| Subscription | Monthly | Cloud-delivered NGFW consumption model |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Fortinet product offering
Product offeringCore offering
Fortinet develops and sells an integrated cybersecurity platform built on a single FortiOS operating system, converging network security, secure networking, unified SASE, cloud security, and security operations. The portfolio spans FortiGate next-generation firewalls, AI-powered security services (FortiAI), secure SD-WAN, SASE, cloud-native application protection (CNAPP), endpoint detection and response, SIEM/SOAR, and ruggedized operational technology (OT) security appliances, serving enterprises, service providers, and government organizations globally.
Product overview
Fortinet is a global leader in cybersecurity solutions and services, offering a unified platform architecture built on a single operating system (FortiOS) that converges network security, secure networking, unified SASE, cloud security, and security operations into an integrated Security Fabric. The portfolio is anchored by the FortiGate Next-Generation Firewall family and FortiSOC unified SOC platform, and spans AI-powered security services (FortiAI/FortiAI-Assist), network security (FortiGate NGFW, FortiSwitch, FortiAP, FortiExtender, FortiNAC), secure access (FortiSASE, FortiGate-as-a-Service, ZTNA), cloud security (FortiCNAPP, FortiWeb/FortiAppSec, FortiGate-VM, FortiGate CNF), security operations (FortiSOC, FortiSIEM, FortiSOAR, FortiEDR, FortiNDR, FortiDeceptor, FortiDLP, FortiRecon, FortiMail), identity management (FortiAuthenticator, FortiToken, FortiPAM), and operational technology security (FortiGuard OT Security Service, ruggedized appliances). The platform is powered by FortiGuard Labs threat intelligence and delivers AI-driven, automated protection across enterprise, service provider, government, and OT environments.
Differentiator
Problem solved
Functional benefit
Brands
- FortiGuard Labs: Global threat intelligence and research division of Fortinet
- FortiASIC
- FortiOS
- FortiCloud
- FortiAI
- FortiSOC
- FortiClient
- FortiGate
- FortiSIEM
- FortiSOAR
- FortiEDR
- FortiNDR
- FortiAnalyzer
- FortiAIGate
Products and services
- FortiGate Next-Generation Firewall (NGFW) Flagship network security appliance providing AI-powered threat protection including IPS, web filtering, antimalware, cloud sandbox, SSL inspection, and application control across hybrid and multi-cloud environments. Available as hardware appliances, virtual machines, and cloud-delivered FortiGate-as-a-Service for enterprises, service providers, and government organizations.
- FortiSOC Unified cloud-delivered security operations platform combining SIEM, SOAR, threat intelligence, ITDR, UEBA, and case management into a single SaaS subscription with embedded FortiAI-Assist for autonomous alert investigation and response.
- FortiOS Single unified operating system powering Fortinet's network and cloud firewalls, SD-WAN, WLAN/LAN, and single-vendor SASE across the entire security platform.
- FortiAI / FortiAI-Assist
Quantifiable outcome
- Operational efficiency improved by up to 99% for security teams using Fortinet SecOps solutions
- +4 more outcomes
Companies that use Fortinet
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles6 records
Fortinet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability9 records
Feature8 records
Fortinet partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered regional, strategic and core.
- Ooredoo OmanregionalOoredoo Oman partnered with Fortinet to launch SD-WAN service optimizing traffic routing across broadband, fibre, and alternative connections. Prioritizes mission-critical applications including voice, video conferencing, and cloud platforms with VPN security.
- OpenAIstrategicFortinet partnered with OpenAI's Daybreak platform combining GPT-5.5 cyber-focused models with Codex Security for automated vulnerability detection and AI-assisted remediation in DevSecOps workflows.
- AnthropicstrategicFortinet is one of 28 security and compliance integrations for Claude Enterprise, routing AI activity into existing SIEM and DLP tools. Part of Anthropic's Compliance API launch covering categories including DLP, SIEM, SASE, and identity management.
- UAE Cyber Security CouncilstrategicFortinet signed MoU with UAE Cyber Security Council for public-private collaboration on national cybersecurity capabilities. Includes plans for local UAE data center and FortiGuard Center of Excellence. Targets approximately 10,000 national trainees for cybersecurity skills development.
- NVIDIAcoreExpanded partnership to integrate FortiAIGate security solution with NVIDIA AI platforms (Blackwell and Hopper GPUs) and Dynamo inference framework. Enables zero-trust protections for AI workloads in data centers and cloud with minimal latency. Fortinet uniquely secures enterprise AI at scale through this integration.
- NVIDIAcorePartnership to accelerate FortiAIGate solution providing GPU-accelerated security for AI workloads with zero-trust guardrails for large language models. Supports self-hosting and inline deployment ensuring data sovereignty and regulatory compliance.
- CrowdStrikestrategicPartnership delivering industry-leading protection from endpoint to firewall. FortiEDR integrates with CrowdStrike Falcon sensor for comprehensive endpoint-to-network security coverage.
- Singapore Point-of-PresenceregionalLaunch of FortiNDR Cloud PoP in Singapore to strengthen threat detection across ASEAN and Asia-Pacific region with localized infrastructure addressing operational, performance, and compliance requirements.
- Cloud Service Providers (AWS, Azure, Google Cloud, Oracle)corePartnerships with major cloud providers for cloud-native security deployments including Cloud NGFW, CNAPP, and integrated security offerings across cloud platforms.
Scale indicators11 records
Recent moves8 records
Expansion highlights8 records
Fortinet competitors and assessment
Company assessmentEmerging players
- SentinelOne: SentinelOne is an emerging player in endpoint security and AI-driven XDR/Singularity platform. It directly competes with FortiEDR in endpoint and increasingly in broader SecOps as it extends into cloud and identity.
- Cloudflare: Cloudflare is an emerging SASE/SSE and edge-security competitor built on a global cloud network. It increasingly overlaps with FortiSASE and FortiWeb/WAAP for cloud-delivered application and network security, particularly for digitally native enterprises.
Direct peers
- Juniper Networks: Juniper (now part of HPE) competes with Fortinet in enterprise networking (switches, wireless, routing) and in AI-driven operations (Mist AIOps). It overlaps with FortiSwitch, FortiAP, and FortiAIOps, especially in campus and data-center networking.
- Sophos: Sophos (owned by Thoma Bravo) is a direct competitor in NGFW, endpoint, and MDR, with particular strength in the mid-market and SMB. It is the closest peer to Fortinet's SMB and MSSP-focused GTM motion.
- CrowdStrike: CrowdStrike is a direct competitor in endpoint (FortiEDR) and security operations (Falcon platform) and a strategic partner through the FortiEDR-Falcon integration. It is the dominant next-gen endpoint vendor and a benchmark for cybersecurity platform valuations and growth.
- Check Point Software Technologies: Check Point is a long-standing direct competitor in network security with the Infinity architecture spanning NGFW, SASE, endpoint, and cloud security. It targets the same mid-market and enterprise customers and frequently appears on shortlists alongside Fortinet and Palo Alto.
- Palo Alto Networks: Palo Alto Networks is the most direct competitor to Fortinet, offering Strata network security (NGFW, SD-WAN), Prisma SASE, and Cortex security operations platforms serving the same large enterprise and government buyers. It competes head-to-head with Fortinet on every major deal and is the most credible alternative for CIOs evaluating FortiOS.
- Zscaler: Zscaler is the leading cloud-native SASE/SSE platform, directly challenging Fortinet's FortiSASE and SD-WAN offering. It is a key threat in the SASE category where Fortinet is a Gartner Leader, and it is the company Fortinet most needs to displace in cloud-delivered security.
Broad incumbents
- Cisco: Cisco is a broad incumbent that bundles security (Secure Firewall, Umbrella, Duo) into its dominant enterprise networking franchise. It competes with Fortinet on NGFW and SD-WAN within the largest enterprise and service-provider accounts where Cisco's installed base gives it distribution leverage.
- Splunk (Cisco): Splunk, now part of Cisco, is the leader in SIEM and security analytics - the category where FortiSIEM is a Gartner Challenger. It is the most direct competitive threat to the new FortiSOC platform in large enterprise SOC deployments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Fortinet social profiles
Digital presenceFortinet compliance and trust
Trust signalCompliance8 records
Fortinet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fortinet leadership team
Management profileNumber of profiles
Profiles12 records
Fortinet subsidiaries and ownership
Company hierarchySubsidiaries3 records
Fortinet funding detail
Funding detailFunding overview
Funding rounds4 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fortinet M&A and investment
M&A and investmentM&A23 records
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fortinet
What does Fortinet do?
Fortinet develops and sells an integrated cybersecurity platform built on a single FortiOS operating system, converging network security, secure networking, unified SASE, cloud security, and security operations. The portfolio spans FortiGate next-generation firewalls, AI-powered security services (FortiAI), secure SD-WAN, SASE, cloud-native application protection (CNAPP), endpoint detection and response, SIEM/SOAR, and ruggedized operational technology (OT) security appliances, serving enterprises, service providers, and government organizations globally.
Is Fortinet a public or private company?
Fortinet is a public company. It is classified as public and is currently operating.
When was Fortinet founded?
Fortinet was founded in 2000. It employs 5,001 to 10,000 people.
Where is Fortinet based?
Fortinet is headquartered in Sunnyvale, United States, in the North America region.
How does Fortinet make money?
Four revenue lines are on record. Product Revenue (Hardware Appliances) is the primary driver. The others are security Subscriptions, services (Support and Training) and fortiGate-as-a-Service.
Who are Fortinet's main competitors?
Emerging players on record are SentinelOne and Cloudflare. Direct peers are Juniper Networks, Sophos, CrowdStrike, Check Point Software Technologies, Palo Alto Networks and Zscaler. Broad incumbents are Cisco and Splunk (Cisco).
Does Fortinet have an API?
No public API is recorded for Fortinet.
What industry is Fortinet in?
Fortinet's product category is Cybersecurity Platform. Its primary akta.pro industry code is HDADABAL, Secure SD-WAN & Branch Security, with a secondary code of HDAIAFAH, Secure Access Service Edge (SASE) & Secure SD-WAN. Its NAICS code is 56162 and its SIC code is 7373.