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FTNTNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31

Fortinet, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$171.50+2.37 (+1.40%)

Close on Oct 19, 2026

Market cap
$126.89B
P/E (TTM)
60.4
Dividend yield
–

About Fortinet

Computer Peripheral Equipment, NEC, SIC 3577

Fortinet provides cybersecurity and converged networking solutions designed to protect people, devices, and data across modern IT environments. Its integrated architecture, the Fortinet Security Fabric, spans secure networking, unified secure access service edge, and artificial intelligence-driven security operations. Key offerings include network firewalls, ethernet switches, wireless access points, connectivity gateways, endpoint protection, and operational technology security platforms. The company also supplies threat intelligence subscriptions, security services, and technical support. Fortinet serves government organizations, communication and security service providers, and enterprises across industries such as financial services, retail, healthcare, manufacturing, technology, education, and telecommunications.

Headquartered in Sunnyvale, California, the company maintains research and development facilities primarily in the United States and Canada, supported by global service centers. Fortinet operates over 190 cloud points of presence worldwide, alongside warehouses in California and the Netherlands and a logistics facility in Taiwan. Supported by a workforce of 15,109 employees and sales personnel across more than 100 countries, the company serves end-customers in over 100 countries.

Summary of the business section of Fortinet's latest annual report, written by StockData.

Company profile

Company

Legal name
Fortinet, Inc.
Founded
2000
Headquarters
Sunnyvale, CA
Address
909 Kifer Road 94086
Phone
(408) 235-7700
Employees
15,109, Dec 31, 2025
Industry
Computer Peripheral Equipment, NEC
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
DELOITTE & TOUCHE LLP, San Jose, California

Stock & identifiers

Ticker
FTNT
Exchange
Nasdaq
IPO date
Nov 18, 2009
Shares outstanding
734M, Jul 28, 2026
Public float
$56.85B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
5-for-1, Jun 23, 2022; 5-for-1, Apr 14, 2022; 2-for-1, Jun 2, 2011
SEC CIK
1262039
CUSIP
34959E109
ISIN
US34959E1091
LEI
549300O0QJWDBAS0QX03
EIN
77-0560389

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Michael XieVP, ENGINEERING & CTO, Director20,078,809
Ken XiePRESIDENT & CEO, Director57,937,222
Christiane OhlgartChief Financial Officer10,345
John WhittleCHIEF OPERATING OFFICER96,987
Keith JensenChief Financial Officer11,025
James G. StavridisDirector17,189
Judith SimDirector129,542
Derek T. KanDirector–
Jean X. HuDirector39,049
Kenneth A. GoldmanDirector43,719
Janet NapolitanoDirector4,274
Ming HsiehDirector54,057
William H. NeukomDirector450,904
Mary Agnes WilderotterDirector5,069

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Ken Xie
$11.46M$1.15M$5.67M$267$258
FY2024
Ken Xie
$13.14M$37.72M$5.97M$442$301
FY2023
Ken Xie
$16.30M$21.53M$6.59M$274$221
FY2022
Ken Xie
$14.20M-$15.19M$4.53M$229$133
FY2021
Ken Xie
$14.20M$84.75M$4.87M$337$207
FY2020
Ken Xie
$10.65M$24.46M$3.50M$139$150

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, our total headcount was 15,109 employees, approximately 30% of whom were employed in the United States, approximately 20% of whom were employed in Canada and approximately 50% of whom were employed outside of the United States and Canada, primarily in Europe, Middle East and Africa (“EMEA”), consistent with our customer base.”

Corporate history

Events identified from SEC filings