Revenue Breakdown
Composition ()
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Revenue Streams
Fortinet Inc (FTNT) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Service -Security subscription , accounting for 39.5% of total sales, equivalent to $644.40M. Other significant revenue streams include Product and Service-Technical support . Understanding this composition is critical for investors evaluating how FTNT navigates market cycles within the Software industry.
Profitability & Margins
Evaluating the bottom line, Fortinet Inc maintains a gross margin of 80.77%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 31.65%, while the net margin is 27.47%. These profitability ratios, combined with a Return on Equity (ROE) of 228.04%, provide a clear picture of how effectively FTNT converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, FTNT competes directly with industry leaders such as NET and WDAY. With a market capitalization of $60.53B, it holds a significant position in the sector. When comparing efficiency, FTNT's gross margin of 80.77% stands against NET's 73.97% and WDAY's 75.70%. Such benchmarking helps identify whether Fortinet Inc is trading at a premium or discount relative to its financial performance.
