Companies
Fortinet
S&P 500Information Technology· USA

FTNT

Status-Quo-Player

Fortinet

$78.74

+2.71%

Open $76.95·Prev $76.67

as of 13 Apr

STATUS-QUO-PLAYER

Power Core

Fortinet's moat is the vertical integration of custom ASIC hardware with a unified operating system (FortiOS) that creates a price-performance advantage no software-only competitor can structurally replicate.

Published1 Apr 2026
UniverseS&P 500
SectorInformation Technology

Direction of Movement

Subscription Growth, SASE Traction, and OT Expansion Drive Upward Momentum

ROC 200

-19.1%

Company Profile

Fortinet provides comprehensive cybersecurity and networking solutions designed to protect enterprises, service providers, and government organizations worldwide. The company's platform-based approach integrates network security, cloud security, zero-trust access, security operations, and application security into unified solutions. Its product portfolio includes FortiGate firewalls for data centers and distributed environments, FortiSwitch secure ethernet switches, FortiAP wireless access points, and FortiExtender 5G connectivity gateways. Fortinet generates the majority of its revenue through subscriptions and support services, with its FortiGuard Labs delivering real-time threat intelligence to enhance threat detection and response capabilities. The company serves more than 800,000 customers globally and emphasizes innovation in artificial intelligence and machine learning technologies. Founded in 2000 and headquartered in Sunnyvale, California, Fortinet maintains a strong position in the cybersecurity sector through continuous product development and strategic partnerships that support digital transformation initiatives across diverse industries and organization sizes.

Sector

Technology

Industry

Software - Infrastructure

Employees

15,109

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