Fortinet Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond!

Fortinet’s third-quarter financial results for 2024 showcase robust performance and a strategic focus on growth markets in the cybersecurity landscape. The company’s total revenue grew by 13%, a return to product revenue growth bolstered by strong service revenue expansion. Fortinet’s strong execution led to record gross and operating margins, with the latter increasing by 830 basis points to over 36%. This performance aligns with Fortinet’s strategy to capture increased market share in a cybersecurity market estimated at $284 billion.