Oracle Corporation and Fortinet, Inc.: A Comprehensive Revenue Analysis

Oracle vs. Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.Oracle Corporation
Wednesday, January 1, 201477036400038275000000
Thursday, January 1, 2015100926800038226000000
Friday, January 1, 2016127544300037047000000
Sunday, January 1, 2017149493000037728000000
Monday, January 1, 2018180120000039831000000
Tuesday, January 1, 2019215620000039506000000
Wednesday, January 1, 2020259440000039068000000
Friday, January 1, 2021334220000040479000000
Saturday, January 1, 2022441740000042440000000
Sunday, January 1, 2023530480000049954000000
Monday, January 1, 2024595580000052961000000
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In pursuit of knowledge

Oracle vs. Fortinet: A Revenue Journey from 2014 to 2023

In the ever-evolving tech landscape, Oracle Corporation and Fortinet, Inc. have carved distinct paths. From 2014 to 2023, Oracle's revenue consistently dwarfed Fortinet's, showcasing its dominance in the enterprise software market. Oracle's revenue peaked in 2023, reaching approximately $50 billion, a 30% increase from 2014. Meanwhile, Fortinet, a leader in cybersecurity, demonstrated impressive growth, with its revenue surging by nearly 590% over the same period, from under $1 billion in 2014 to over $5 billion in 2023.

Key Insights

  • Oracle's Steady Growth: Despite economic fluctuations, Oracle maintained a steady upward trajectory, reflecting its robust business model.
  • Fortinet's Rapid Expansion: Fortinet's exponential growth underscores the rising importance of cybersecurity in the digital age.

This analysis highlights the contrasting yet successful strategies of these tech giants, offering valuable insights into their market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025