Fortinet Inc
FTNT82.470USD
+0.950+1.17%
Close 12/16, 16:00（ET）Quotes delayed by 15 min
61.27BMarket Cap
33.63P/E TTM
More Details of Fortinet Inc Company
Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.
Fortinet Inc Info
Ticker SymbolFTNT
Company nameFortinet Inc
IPO dateNov 18, 2009
CEOXie (Kenneth Qing)
Number of employees14138
Security typeOrdinary Share
Fiscal year-endNov 18
Address909 Kifer Road
CitySUNNYVALE
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code94086
Phone14082357700
Websitehttps://www.fortinet.com/
Ticker SymbolFTNT
IPO dateNov 18, 2009
CEOXie (Kenneth Qing)
Company Executives of Fortinet Inc
Name
Name/Position
Position
Shareholding
Change
Mr. Michael Xie
Mr. Michael Xie
President, Chief Technology Officer, Director
President, Chief Technology Officer, Director
68.06M
-0.36%
Mr. Ken Xie
Mr. Ken Xie
Chairman of the Board, Chief Executive Officer
Chairman of the Board, Chief Executive Officer
60.19M
--
Mr. William H. Neukom
Mr. William H. Neukom
Independent Director
Independent Director
302.60K
+0.49%
Mr. Ming Hsieh
Mr. Ming Hsieh
Independent Director
Independent Director
60.74K
+1.08%
Ms. Jean Hu
Ms. Jean Hu
Independent Director
Independent Director
35.32K
+3.30%
Ms. Christiane Ohlgart
Ms. Christiane Ohlgart
Chief Financial Officer, Principal Accounting Officer
Chief Financial Officer, Principal Accounting Officer
6.72K
+5.18%
Mr. Kenneth A. Goldman
Mr. Kenneth A. Goldman
Independent Director
Independent Director
--
--
Mr. John Lunsford Whittle, J.D.
Mr. John Lunsford Whittle, J.D.
Chief Operating Officer
Chief Operating Officer
--
--
Ms. Janet Napolitano
Ms. Janet Napolitano
Independent Director
Independent Director
--
--
Adm. (Retd.) James Stavridis, Ph.D.
Adm. (Retd.) James Stavridis, Ph.D.
Independent Director
Independent Director
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Michael Xie
Mr. Michael Xie
President, Chief Technology Officer, Director
President, Chief Technology Officer, Director
68.06M
-0.36%
Mr. Ken Xie
Mr. Ken Xie
Chairman of the Board, Chief Executive Officer
Chairman of the Board, Chief Executive Officer
60.19M
--
Mr. William H. Neukom
Mr. William H. Neukom
Independent Director
Independent Director
302.60K
+0.49%
Mr. Ming Hsieh
Mr. Ming Hsieh
Independent Director
Independent Director
60.74K
+1.08%
Ms. Jean Hu
Ms. Jean Hu
Independent Director
Independent Director
35.32K
+3.30%
Ms. Christiane Ohlgart
Ms. Christiane Ohlgart
Chief Financial Officer, Principal Accounting Officer
Chief Financial Officer, Principal Accounting Officer
6.72K
+5.18%
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021
FY2020
FY2019
By BusinessUSD
Name
Revenue
Proportion
Service -Security subscription
644.40M
39.53%
Product
508.90M
31.22%
Service-Technical support
476.70M
29.25%
By RegionUSD
Name
Revenue
Proportion
Europe, Middle East and Africa (“EMEA”)
667.10M
40.93%
United States
473.00M
29.02%
Asia Pacific (“APAC”)
304.10M
18.66%
Other Americas
185.80M
11.40%
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Service -Security subscription
644.40M
39.53%
Product
508.90M
31.22%
Service-Technical support
476.70M
29.25%
Shareholding Stats
Updated: Mon, Nov 17
Updated: Mon, Nov 17
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.24%
Xie (Michael)
9.15%
Xie (Kenneth Qing)
8.09%
BlackRock Institutional Trust Company, N.A.
5.60%
State Street Investment Management (US)
3.99%
Other
62.93%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.24%
Xie (Michael)
9.15%
Xie (Kenneth Qing)
8.09%
BlackRock Institutional Trust Company, N.A.
5.60%
State Street Investment Management (US)
3.99%
Other
62.93%
Shareholder Types
Shareholders
Proportion
Investment Advisor
40.35%
Investment Advisor/Hedge Fund
19.96%
Individual Investor
17.34%
Research Firm
2.73%
Pension Fund
2.23%
Sovereign Wealth Fund
2.21%
Bank and Trust
1.97%
Hedge Fund
1.32%
Family Office
0.49%
Other
11.39%
Institutional Shareholding
Updated: Mon, Dec 8
Updated: Mon, Dec 8
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q4
2518
548.16M
72.64%
--
2025Q3
2628
548.64M
74.93%
-155.79K
2025Q2
2713
549.14M
75.83%
+4.42M
2025Q1
2649
544.56M
74.33%
-27.27M
2024Q4
2544
541.81M
73.64%
+14.11M
2024Q3
2400
531.13M
75.47%
-10.10M
2024Q2
2353
540.43M
74.62%
+5.78M
2024Q1
2336
534.56M
73.64%
-27.36M
2023Q4
2319
531.64M
73.10%
-16.51M
2023Q3
2234
547.72M
72.17%
-10.25M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
72.39M
9.45%
+1.01M
+1.42%
Jun 30, 2025
Xie (Michael)
68.30M
8.91%
-35.00K
-0.05%
Sep 08, 2025
Xie (Kenneth Qing)
60.19M
7.86%
--
--
Aug 04, 2025
BlackRock Institutional Trust Company, N.A.
41.45M
5.41%
+4.81M
+13.13%
Jun 30, 2025
State Street Investment Management (US)
29.18M
3.81%
+862.47K
+3.05%
Jun 30, 2025
Geode Capital Management, L.L.C.
16.92M
2.21%
+828.57K
+5.15%
Jun 30, 2025
Invesco Capital Management (QQQ Trust)
15.67M
2.04%
-55.35K
-0.35%
Aug 31, 2025
Norges Bank Investment Management (NBIM)
15.52M
2.03%
+7.86M
+102.53%
Jun 30, 2025
Invesco Capital Management LLC
8.10M
1.06%
+559.41K
+7.41%
Jun 30, 2025
Fundsmith LLP
8.42M
1.1%
-104.68K
-1.23%
Jun 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
Amplify Cybersecurity ETF
5.05%
First Trust Nasdaq Cybersecurity ETF
4.33%
Xtrackers Cybersecurity Select Equity ETF
3.6%
Themes Cybersecurity ETF
3.45%
iShares Cybersecurity and Tech ETF
3.39%
Argent Mid Cap ETF
3.29%
iShares MSCI USA Quality GARP ETF
3.15%
Inspire Capital Appreciation ETF
3.02%
Brookstone Growth Stock ETF
2.76%
Pacer Data and Digital Revolution ETF
2.62%
View more
Amplify Cybersecurity ETF
Proportion5.05%
First Trust Nasdaq Cybersecurity ETF
Proportion4.33%
Xtrackers Cybersecurity Select Equity ETF
Proportion3.6%
Themes Cybersecurity ETF
Proportion3.45%
iShares Cybersecurity and Tech ETF
Proportion3.39%
Argent Mid Cap ETF
Proportion3.29%
iShares MSCI USA Quality GARP ETF
Proportion3.15%
Inspire Capital Appreciation ETF
Proportion3.02%
Brookstone Growth Stock ETF
Proportion2.76%
Pacer Data and Digital Revolution ETF
Proportion2.62%
Dividend
A total of
0.00
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
Jun 10, 2022
Split
1→5
Date
Type
Ratio
Jun 10, 2022
Split
1→5
FAQs
Who are the top five shareholders of Fortinet Inc?
The top five shareholders of Fortinet Inc are:
The Vanguard Group, Inc. holds 72.39M shares, accounting for 9.45% of the total shares.
Xie (Michael) holds 68.30M shares, accounting for 8.91% of the total shares.
Xie (Kenneth Qing) holds 60.19M shares, accounting for 7.86% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 41.45M shares, accounting for 5.41% of the total shares.
State Street Investment Management (US) holds 29.18M shares, accounting for 3.81% of the total shares.
The Vanguard Group, Inc. holds 72.39M shares, accounting for 9.45% of the total shares.
Xie (Michael) holds 68.30M shares, accounting for 8.91% of the total shares.
Xie (Kenneth Qing) holds 60.19M shares, accounting for 7.86% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 41.45M shares, accounting for 5.41% of the total shares.
State Street Investment Management (US) holds 29.18M shares, accounting for 3.81% of the total shares.
What are the top three shareholder types of Fortinet Inc?
The top three shareholder types of Fortinet Inc are:
The Vanguard Group, Inc.
Xie (Michael)
Xie (Kenneth Qing)
The Vanguard Group, Inc.
Xie (Michael)
Xie (Kenneth Qing)
How many institutions hold shares of Fortinet Inc (FTNT)?
As of 2025Q4, 2518 institutions hold shares of Fortinet Inc, with a combined market value of approximately 548.16M, accounting for 72.64% of the total shares. Compared to 2025Q3, institutional shareholding has increased by -2.28%.
What is the biggest source of revenue for Fortinet Inc?
In FY2025Q2, the Service -Security subscription business generated the highest revenue for Fortinet Inc, amounting to 644.40M and accounting for 39.53% of total revenue.
