Fortinet, Inc.FTNTNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+16.8%
5Y CAGR+19.0%
Year-over-Year Change
Research and development spending
3Y CAGR
+16.8%/yr
vs +20.3%/yr prior
5Y CAGR
+19.0%/yr
Consistent
Acceleration
-3.6pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.4x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $815.50M | +13.8% |
| 2024 | $716.80M | +16.8% |
| 2023 | $613.80M | +19.8% |
| 2022 | $512.40M | +20.8% |
| 2021 | $424.20M | +24.3% |
| 2020 | $341.40M | +23.2% |
| 2019 | $277.10M | +13.3% |
| 2018 | $244.50M | +16.1% |
| 2017 | $210.60M | +15.0% |
| 2016 | $183.10M | - |