Fortinet Total Revenue from 2010 to 2024

FTNT Stock  USD 96.44  3.32  3.57%   
Fortinet Total Revenue yearly trend continues to be comparatively stable with very little volatility. Total Revenue is likely to outpace its year average in 2024. Total Revenue is the total amount of income generated by the sale of goods or services related to Fortinet's primary operations. View All Fundamentals
 
Total Revenue  
First Reported
2007-03-31
Previous Quarter
1.4 B
Current Value
1.5 B
Quarterly Volatility
427.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
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Latest Fortinet's Total Revenue Growth Pattern

Below is the plot of the Total Revenue of Fortinet over the last few years. Total revenue comprises all receipts Fortinet generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Fortinet's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Total Revenue10 Years Trend
Slightly volatile
   Total Revenue   
       Timeline  

Fortinet Total Revenue Regression Statistics

Arithmetic Mean2,096,148,200
Geometric Mean1,371,711,938
Coefficient Of Variation85.44
Mean Deviation1,441,086,773
Median1,494,930,000
Standard Deviation1,790,991,155
Sample Variance3207649.3T
Range5.4B
R-Value0.95
Mean Square Error369237.6T
R-Squared0.89
Slope378,469,671
Total Sum of Squares44907090.5T

Fortinet Total Revenue History

20245.6 B
20235.3 B
20224.4 B
20213.3 B
20202.6 B
20192.2 B
20181.8 B

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Total Revenue, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue5.3 B5.6 B

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.