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Fortinet Inc   (NASDAQ: FTNT)

Fortinet Inc 's

Competitiveness




 

FTNT Sales vs. its Competitors Q1 2026



Comparing the current results to its competitors, Fortinet Inc reported Revenue increase in the 1 quarter 2026 by 20.1 % year on year.
The revenue growth was below Fortinet Inc 's competitors' average revenue growth of 29.49 %, achieved in the same quarter.

List of FTNT Competitors

With a net margin of 28.91 % Fortinet Inc reported lower profitability than its competitors.

More on FTNT Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Fortinet Inc Net Income in the 1 quarter 2026 grew year on year by 23.33%, slower than its competitors' income growth of 58.8 %

<<  FTNT Stock Performance Comparisons


Fortinet Inc 's Comment on Competition and Industry Peers


The company operates in a highly competitive and rapidly evolving technological market. Key competitive factors include product security performance, throughput, features, effectiveness, interoperability, reliability, integration of new networking and security features, compliance with industry standards and certifications, pricing, brand recognition, customer service, sales and distribution capabilities, financial stability, product line breadth, and solution form factor. The company competes with several firms, including Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike Holdings, Inc., F5 Networks, Inc., Hewlett-Packard Enterprise, Huawei Technologies Co., Ltd., Microsoft Corporation, Netskope Inc., Palo Alto Networks, Inc., SonicWALL, Inc., Sophos Group Plc, and Zscaler, Inc. The company asserts competitive strengths in security performance, throughput, reliability, product breadth, and integration capabilities.



  

Overall company Market Share Q1 2026

Contrary to strong revenue growth of 20.1 % in Overall company, Fortinet Inc has lost market share within this division.




<<  More on FTNT Market Share.
 
*Market share is calculated based on total revenue.

  News about Fortinet Inc Contracts

Navigating Uncertainty Fortinet, Inc. Sees Financial Success Amidst Investigation Concerns,

September 6, 2025
Fortinet, Inc. Under Investigation Amid Strong Financial Performance: What Investors Need to Know In a developing situation for the tech sector, Pomerantz Law Firm has initiated an investigation on behalf of investors in Fortinet, Inc. (NASDAQ: FTNT) following significant fluctuations in the company’s stock performance and underlining the firm’s current operational results. As of September 6, 2025, investors holding shares in Fortinet, which specializes in cybersecurity solutions, are encouraged to reach out to Pomerantz for further information about these recent developments. A Pivotal InvestigationThe investigation primarily centers around potential claims related to the company’s financial disclosur...

KDDI Selects Fortinet for New Global Managed SASE Service

July 10, 2024
KDDI Corporation, a leading Japanese telecommunications company, has chosen Fortinet, a global cybersecurity solutions pr...





Publicly Traded Peers of Fortinet Inc




A10 Networks Inc
Share Performance



-8.64%
30 Days



A10 Networks Inc
Profile

A10 Networks Inc operates as a provider of networking and security solutions. Their business model revolves around developing and selling software and hardware products, along with associated support and maintenance services, to enterprises, service providers, and cloud providers worldwide.

More about A10 Networks Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,854.963 mill. $ 310.970 mill. $ 44.710 mill.


Radware Ltd
Share Performance



+8.61%
One Year



Radware Ltd
Profile

Radware Ltd is a cybersecurity and application delivery solutions provider. They offer a range of products and services that help businesses ensure the availability, performance, and security of their network infrastructure. By leveraging their expertise and advanced technologies, Radware helps organizations enhance their overall cybersecurity posture and optimize the delivery of their applications.

More about Radware Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,251.112 mill. $ 301.850 mill. $ 20.257 mill.


Palo Alto Networks Inc
Share Performance



-12.85%
30 Days



Palo Alto Networks Inc
Profile

Palo Alto Networks Inc operates on a subscription-based business model, providing advanced cybersecurity solutions for organizations of various sizes. Their offerings include firewall systems, threat intelligence, and cloud-based security services, designed to protect networks, endpoints, and cloud environments from cyber threats. The company generates revenue by selling subscriptions to these services, providing continuous software updates, and offering additional support and training services.

More about Palo Alto Networks Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 268,770.424 mill. $ 10,606.300 mill. $ 842.800 mill.


Juniper Networks Inc
Share Performance



+5.74%
This Year



Juniper Networks Inc
Profile

Juniper Networks Inc operates a business model centered on providing advanced networking solutions, including hardware, software, and services, designed to enhance the performance and security of network infrastructures for enterprises and service providers. The companys revenue streams primarily come from product sales, subscription services, and professional services, enabling organizations to optimize their connectivity and network operations.

More about Juniper Networks Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13,551.040 mill. $ 5,204.300 mill. $ 352.800 mill.


F5 Inc
Share Performance



+51.82%
This Year



F5 Inc
Profile

F5 Incs business model focuses on application delivery, with an emphasis on security, performance, and availability of applications across various environments, including cloud and on-premises. They provide solutions such as load balancing, security services, and traffic management to optimize application performance and protect against cyber threats.

More about F5 Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 22,422.631 mill. $ 3,308.766 mill. $ 726.510 mill.

4 more competitors available

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Sources: Fortinet Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Fortinet Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
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