Comparing Revenue Performance: Microsoft Corporation or Fortinet, Inc.?

Microsoft vs. Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.Microsoft Corporation
Wednesday, January 1, 201477036400086833000000
Thursday, January 1, 2015100926800093580000000
Friday, January 1, 2016127544300091154000000
Sunday, January 1, 2017149493000096571000000
Monday, January 1, 20181801200000110360000000
Tuesday, January 1, 20192156200000125843000000
Wednesday, January 1, 20202594400000143015000000
Friday, January 1, 20213342200000168088000000
Saturday, January 1, 20224417400000198270000000
Sunday, January 1, 20235304800000211915000000
Monday, January 1, 20245955800000245122000000
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Unlocking the unknown

A Decade of Revenue Growth: Microsoft vs. Fortinet

In the ever-evolving tech landscape, revenue growth is a key indicator of a company's success. From 2014 to 2023, Microsoft Corporation and Fortinet, Inc. have showcased impressive revenue trajectories. Microsoft, a titan in the software industry, saw its revenue soar by approximately 144%, from $87 billion in 2014 to an estimated $211 billion in 2023. This growth underscores Microsoft's strategic expansion into cloud computing and enterprise solutions.

On the other hand, Fortinet, a leader in cybersecurity, experienced a remarkable 589% increase in revenue, growing from $770 million in 2014 to $5.3 billion in 2023. This surge highlights the rising demand for cybersecurity solutions in an increasingly digital world.

While Microsoft's revenue dwarfs Fortinet's, the latter's rapid growth rate is a testament to its agility and the burgeoning cybersecurity market. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025