Current
$114B
5-Year Average
$58.4B
All-Time High
$124B
All-Time Low
$1.01B
Market cap daily chart for Fortinet (FTNT)
Aug 2, 2021 – Jul 29, 2026 · 1,253 trading days
Market Cap growth chart for Fortinet (FTNT) from 2017 to 2026
Latest: +91.2%
Market Cap history table for Fortinet (FTNT) from 2009 to 2026
| 2026 | $114B | +91.2% | +$54.2B | ||
| 2025 | $59.4B | -18.6% | -$13.5B | ||
| 2024 | $72.9B | +58.1% | +$26.8B | ||
| 2023 | $46.1B | +17.2% | +$6.76B | ||
| 2022 | $39.4B | -34.4% | -$20.7B | ||
| 2021 | $60.1B | +141.1% | +$35.1B | ||
| 2020 | $24.9B | +33.4% | +$6.23B | ||
| 2019 | $18.7B | +52.2% | +$6.41B | ||
| 2018 | $12.3B | +57.7% | +$4.49B | ||
| 2017 | $7.78B | +46.6% | +$2.48B | ||
| 2016 | $5.31B | -3.3% | -$180M | ||
| 2015 | $5.49B | +5.7% | +$298M | ||
| 2014 | $5.19B | +61.1% | +$1.97B | ||
| 2013 | $3.22B | -7.8% | -$272M | ||
| 2012 | $3.49B | -2.2% | -$77.5M | ||
| 2011 | $3.57B | +40.9% | +$1.04B | ||
| 2010 | $2.53B | +120.7% | +$1.39B | ||
| 2009 | $1.15B | — | — |
- 2026$114B+91.2%
- 2025$59.4B-18.6%
- 2024$72.9B+58.1%
- 2023$46.1B+17.2%
- 2022$39.4B-34.4%
- 2021$60.1B+141.1%
- 2020$24.9B+33.4%
- 2019$18.7B+52.2%
- 2018$12.3B+57.7%
- 2017$7.78B+46.6%
- 2016$5.31B-3.3%
- 2015$5.49B+5.7%
- 2014$5.19B+61.1%
- 2013$3.22B-7.8%
- 2012$3.49B-2.2%
- 2011$3.57B+40.9%
- 2010$2.53B+120.7%
- 2009$1.15B—
Market Cap values are taken from Fortinet's reported income statements (share counts) and end-of-day prices (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Market Cap at Fortinet (FTNT)
According to Fortinet's latest reported financial statements, the company's latest reported market cap is $114B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2026 fiscal year, Fortinet (FTNT) reported market cap of $114B – surged 91.2% year-over-year.
Fortinet market cap has grown on net over the period, with a +13.6% compound annual growth rate over 2021–2026 (5 years).
$114B stands as the all-time-high annual market cap, posted in 2026, against a low of $1.15B during 2009.
Fortinet Market Cap by Year
Fortinet Market Cap 2026: $114B
Fortinet posted market cap of $114B in 2026, surged 91.2% from 2025. This figure represents the highest annual value in the available history.
Fortinet Market Cap 2025: $59.4B
In 2025, Fortinet reported market cap of $59.4B, declined 18.6% below 2024.
Fortinet Market Cap 2024: $72.9B
Fortinet market cap in 2024 was $72.9B, surged 58.1% from 2023.
Fortinet Market Cap 2023: $46.1B
2023's market cap for Fortinet came in at $46.1B, grew 17.2% from 2022.
Fortinet Market Cap 2022: $39.4B
Fortinet market cap in 2022 was $39.4B.
See more financial history for Fortinet (FTNT).
Sector peers by Market Cap
Technology peers of Fortinet (FTNT), ranked by their latest market cap
| $4.97T | |
| $4.6T | |
| $2.9T | |
| $1.94T | |
| $1.76T | |
| $900B | |
| $835B | |
| $700B |
- $4.97T
- $4.6T
- $2.9T
- $1.94T
- $1.76T
- $900B
- $700B
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Fortinet (FTNT) Key Financials
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