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Here's How Much a $1000 Investment in Fortinet Made 10 Years Ago Would Be Worth Today
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For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Fortinet (FTNT - Free Report) ten years ago? It may not have been easy to hold on to FTNT for all that time, but if you did, how much would your investment be worth today?
Fortinet's Business In-Depth
With that in mind, let's take a look at Fortinet's main business drivers.
Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide.
Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention (IP), web filtering, anti-spam and wide area network (WAN) acceleration.
Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance.
The company’s network security gateways protect customer data, reduce security complexities and lower the total cost of ownership. Customers are able to implement their security policies on traffic between internal networks and the Internet, as well as between internal and private networks shared with partners.
Its flagship UTM solution consists of the FortiGate appliance product line and FortiGuard security subscription services.
Its products and services are sold through a network of more than 20,000 channel partners worldwide, including distributors, resellers, value-added resellers and managed service providers. The company caters to more than 450,000 customers worldwide that includes most of the Fortune 100 companies.
Fortinet reported revenues of $5.96 billion in 2024, which increased 12.3% from 2023. Product revenue was $1.91 billion, down 1% while Service revenue of $4.05 billion improved 19.8% year over year in 2024.
The company faces significant competition with Palo Alto Networks, CyberArk, Qualys and Cisco in the network security as well as cloud security space.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Fortinet, ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in December 2015 would be worth $12,092.56, or a gain of 1,109.26%, as of December 5, 2025, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 227.83% and the price of gold increased 272.17% over the same time frame in comparison.
Analysts are forecasting more upside for FTNT too.
Fortinet delivered strong third-quarter results with revenue reaching $1.72 billion, up 14% year-over-year, and non-GAAP EPS of 74 cents beating estimates by 17.46%. Product revenue grew 18% while FortiSASE billings surged over 100%, positioning the company as a SASE market leader. The cybersecurity firm achieved record quarterly operating margins of 37% non-GAAP and demonstrated solid execution across enterprise segments. FTNT witnessed strong cash generation of $567.5 million free cash flow, and operational technology growth exceeding 30%. We expect 2025 net sales to rise 13.3% from 2024. However, full-year guidance of $6.72-$6.78 billion revenue appears conservative given current momentum. Stiff competition from Cisco Systems and Check Point Software among others due to increasing consolidation in the security industry poses concerns.
Over the past four weeks, shares have rallied 5.76%, and there have been 16 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.
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Here's How Much a $1000 Investment in Fortinet Made 10 Years Ago Would Be Worth Today
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Fortinet (FTNT - Free Report) ten years ago? It may not have been easy to hold on to FTNT for all that time, but if you did, how much would your investment be worth today?
Fortinet's Business In-Depth
With that in mind, let's take a look at Fortinet's main business drivers.
Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide.
Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention (IP), web filtering, anti-spam and wide area network (WAN) acceleration.
Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance.
The company’s network security gateways protect customer data, reduce security complexities and lower the total cost of ownership. Customers are able to implement their security policies on traffic between internal networks and the Internet, as well as between internal and private networks shared with partners.
Its flagship UTM solution consists of the FortiGate appliance product line and FortiGuard security subscription services.
Its products and services are sold through a network of more than 20,000 channel partners worldwide, including distributors, resellers, value-added resellers and managed service providers. The company caters to more than 450,000 customers worldwide that includes most of the Fortune 100 companies.
Fortinet reported revenues of $5.96 billion in 2024, which increased 12.3% from 2023. Product revenue was $1.91 billion, down 1% while Service revenue of $4.05 billion improved 19.8% year over year in 2024.
The company faces significant competition with Palo Alto Networks, CyberArk, Qualys and Cisco in the network security as well as cloud security space.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Fortinet, ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in December 2015 would be worth $12,092.56, or a gain of 1,109.26%, as of December 5, 2025, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 227.83% and the price of gold increased 272.17% over the same time frame in comparison.
Analysts are forecasting more upside for FTNT too.
Fortinet delivered strong third-quarter results with revenue reaching $1.72 billion, up 14% year-over-year, and non-GAAP EPS of 74 cents beating estimates by 17.46%. Product revenue grew 18% while FortiSASE billings surged over 100%, positioning the company as a SASE market leader. The cybersecurity firm achieved record quarterly operating margins of 37% non-GAAP and demonstrated solid execution across enterprise segments. FTNT witnessed strong cash generation of $567.5 million free cash flow, and operational technology growth exceeding 30%. We expect 2025 net sales to rise 13.3% from 2024. However, full-year guidance of $6.72-$6.78 billion revenue appears conservative given current momentum. Stiff competition from Cisco Systems and Check Point Software among others due to increasing consolidation in the security industry poses concerns.
Over the past four weeks, shares have rallied 5.76%, and there have been 16 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.