Fortinet, Inc.FTNTNASDAQ
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+13.1%
5Y CAGR+18.0%
Year-over-Year Change
Expenses from normal business operations (SG&A, R&D, etc.)
3Y CAGR
+13.1%/yr
vs +20.5%/yr prior
5Y CAGR
+18.0%/yr
Recent deceleration
Acceleration
-7.4pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.3x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $3.42B | +14.1% |
| 2024 | $2.99B | +6.0% |
| 2023 | $2.83B | +19.6% |
| 2022 | $2.36B | +23.8% |
| 2021 | $1.91B | +27.9% |
| 2020 | $1.49B | +14.3% |
| 2019 | $1.31B | +16.6% |
| 2018 | $1.12B | +12.0% |
| 2017 | $999.80M | +11.7% |
| 2016 | $894.70M | - |