Fortinet

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.

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

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

• Network security appliances
• Next-generation firewalls
• Cybersecurity platform
• Secure networking solutions
• Threat intelligence services

Headquarters

HQ city

Sunnyvale

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Supply Chain, Operations, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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.
4. FortiGate-as-a-Service: Cloud-delivered subscription model for FortiGate NGFW enabling consumption-based pricing for SMB and enterprise customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core 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

Named customers11 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability9 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered regional, strategic and core.

• Ooredoo OmanregionalChannel Partner/ Reseller/ Distributor · 16 June 2026Ooredoo 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.
• OpenAIstrategicStrategic or Co-development Partner · 5 June 2026Fortinet 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.
• AnthropicstrategicTechnology or Integration · 21 May 2026Fortinet 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 CouncilstrategicStrategic or Co-development Partner · 18 May 2026Fortinet 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.
• NVIDIAcoreTechnology or Integration · 12 May 2026Expanded 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.
• NVIDIAcoreTechnology or Integration · 12 May 2026Partnership 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.
• CrowdStrikestrategicTechnology or IntegrationPartnership delivering industry-leading protection from endpoint to firewall. FortiEDR integrates with CrowdStrike Falcon sensor for comprehensive endpoint-to-network security coverage.
• Singapore Point-of-PresenceregionalStrategic or Co-development PartnerLaunch 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)coreTechnology or IntegrationPartnerships 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

Emerging 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

• Xx.com/fortinet
• YouTubeyoutube.com/channel/UCJHo4AuVomwMRzgkA5DQEOA?sub_confirmation=1
• Facebookfacebook.com/Fortinet
• LinkedInlinkedin.com/company/fortinet
• Instagraminstagram.com/fortinet

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A23 records

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fortinet