Fortinet
Enterprise cybersecurity platform spanning network, cloud and security operations.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Fortinet, Inc.
- Entity type
- COMPANY
- Founded
- 2000
- Company size
- >5,000
- Market role
- B2B SaaS Provider
- Ticker
- FTNT
- Official website
- fortinet.com
What Fortinet does
Fortinet operates a platform-led enterprise cybersecurity model. It sells core security infrastructure and management products into organisations, then expands account value through recurring subscriptions for threat intelligence, cloud-delivered security, analytics, endpoint protection and other add-on services. Value is created through a tightly integrated product stack that allows customers to standardise security operations across networks, endpoints, cloud workloads and user access.
Category differentiation
Fortinet is an enterprise cybersecurity vendor, not an adtech, martech or media platform. It should not be confused with consumer antivirus brands or with individual Forti- product lines such as FortiSASE or FortiSIEM.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Fortinet is a public cybersecurity company that sells enterprise security infrastructure, cloud-delivered security software and recurring threat intelligence services. Its portfolio covers secure networking, SASE, endpoint security, SIEM, SOAR, identity and access management, data loss prevention, application security and threat detection. The company serves enterprise IT, network and security teams and monetises through a mix of hardware appliance sales, software subscriptions and ongoing security service licences.
Company news briefing
Briefing updated:
Fortinet has expanded its US footprint by opening a new company-owned innovation hub in New York City and secured a multi-year sponsorship with Stanford Athletics. Alongside its ongoing participation in OpenAI’s Daybreak Cyber Partner Program and industry-wide initiatives against AI-driven threats, Fortinet Federal achieved CMMC Level 2 Certification. Meanwhile, the company continues to address vulnerability remediation following the inclusion of a FortiOS symlink mitigation bypass in CISA's Known Exploited Vulnerabilities catalog.
Business model & monetisation
Fortinet uses a hybrid commercial model combining product revenue and recurring software revenue. The input indicates hardware appliance sales as an upfront revenue source, recurring subscription bundles such as FortiGuard as a major annual spend category, and SaaS-style pricing for products such as FortiSASE, FortiEDR and FortiCNAPP. Contracts are commonly multi-year, pricing is modular, and customers can add protection tiers, bandwidth or other capacity-based components over time.
- Security appliances and infrastructure
- Upfront product sales
- FortiGuard security subscriptions
- Recurring subscription licensing
- Cloud-delivered security products such as SASE, EDR and CNAPP
- SaaS / software subscription
- Modular add-ons such as advanced protection tiers, bandwidth and IP services
- Usage- or configuration-based add-ons
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Competitors & alternatives
- Cisco
Enterprise networking, security and collaboration software and infrastructure provider.
- CrowdStrike
Enterprise cybersecurity SaaS platform with managed security services.
- Nokia
Telecom infrastructure and network software supplier for operators and enterprises.
- BeyondTrust
Enterprise identity security and privileged access management software.
- Delinea
Enterprise identity security and privileged access management software.
Side-by-side comparisons
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Cybersecurity stock Zscaler's charts turn bullish: Jay Woods
Financials · Recorded impact score: 1/5
In a CNBC Pro segment, technician Jay Woods discusses Zscaler (ZS), a cybersecurity company that has underperformed its sector peers. While CrowdStrike, Fortinet, Okta, and Palo Alto Networks have gained over 100% year-to-date, Zscaler shares fell as much as 65% from 52-week highs and remain down 13% this year. However, Woods observes a bottoming formation on both daily and weekly charts, with a bullish crossover in MACD and a breakout above $195 resistance. He suggests upside targets of $250-$265, representing 25-30% potential upside, with support at $165. The analysis highlights relative rotation within the cybersecurity sector, indicating that laggards like Zscaler may see renewed strength.
- Zscaler (ZS) shares fell as much as 65% from 52-week highs and remain down 13% year-to-date.
- CrowdStrike, Fortinet, Okta, and Palo Alto Networks have each gained over 100% year-to-date.
Fortinet Expands U.S. Presence with New Company-Owned Innovation Hub in New York City
Recorded impact score: 3.5/5
Fortinet announced the opening of a new company-owned innovation hub in New York City, expanding its U.S. presence. This is part of Fortinet's strategic growth and investment in innovation.
Stanford Athletics And Cybersecurity Leader Fortinet Team Up For Multi-Year Sponsorship
Recorded impact score: 5/5
Fortinet announced a multi-year sponsorship with Stanford Athletics (Aug 28, 2026). Also new: Fortinet Federal Achieves CMMC Level 2 Certification (Aug 26, 2026).
10-Q Financial Filing Analysis for Fortinet (2026-07-30)
financials · Recorded impact score: 4.4/5
Fortinet reported strong financial performance for the second quarter of fiscal 2026, with total revenue rising 26% year-over-year to $2.05 billion and operating income growing 51% to $689.3 million. Revenue expansion was driven by a 52% surge in product revenue to $773.0 million, fueled by higher hardware unit shipments, customer upgrades for AI-related infrastructure, and pricing actions, alongside a 14% increase in service revenue to $1.27 billion. Operating margin expanded by 5.6 percentage points to 33.7%, reflecting strong operating leverage as top-line growth outpaced operating expenses. Net income for the quarter reached $606.3 million ($0.82 per diluted share), up from $440.1 million in Q2 2025. Non-GAAP billings expanded 33% to $2.37 billion, and deferred revenue climbed to $7.68 billion, underscoring solid underlying demand across Secure Networking, Unified SASE, and SecOps platforms.
- Q2 2026 total revenue reached $2,047.9 million (+26% YoY), driven by $773.0 million in Product revenue (+52% YoY) and $1,274.9 million in Service revenue (+14% YoY).
- Operating income rose 51% YoY to $689.3 million with operating margin expanding 560 bps to 33.7%, while net income reached $606.3 million.
FortiOS CVE-2025-68686 Symlink Mitigation Bypass
Security · Recorded impact score: 4/5
CVE-2025-68686 is an actively exploited FortiOS vulnerability that allows attackers who already have file-system access to bypass symlink persistence mitigations via crafted HTTP requests to the SSL‑VPN web interface. The flaw can expose sensitive files (configurations, credentials, keys) even after firmware upgrades. CISA added the vulnerability to its Known Exploited Vulnerabilities (KEV) catalog on July 27, 2026. Affected FortiOS versions include 6.4, 7.0, 7.2, 7.4.0–7.4.6 and 7.6.0–7.6.1; vendor fixes are available in 7.4.7, 7.6.2 or later. Successful exploitation requires a prior file‑system compromise; remediation guidance includes rebuilding devices, removing artifacts, rotating secrets, and restricting SSL‑VPN exposure.
- CVE-2025-68686 allows bypass of symlink persistence mitigations in FortiOS via crafted HTTP requests to the SSL‑VPN interface.
- CISA added the vulnerability to its Known Exploited Vulnerabilities (KEV) catalog on July 27, 2026.
Explore company relationships
Questions about Fortinet
What is Fortinet?
Fortinet is a public enterprise cybersecurity company that sells network, cloud, endpoint, identity and security operations products plus recurring threat intelligence services.
Who uses Fortinet?
Its products are used by enterprise IT teams, network administrators, SOC teams, cloud security teams, compliance teams and other organisations securing users, devices and applications.
How does Fortinet make money?
It makes money through a mix of security hardware sales, software subscriptions, cloud-delivered security services and recurring FortiGuard licences and add-ons.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
16 publicly documented primary sources and citations linked across the market graph.
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