Revenue Showdown: Broadcom Inc. vs Fortinet, Inc.

Broadcom vs Fortinet: A Decade of Revenue Growth

__timestampBroadcom Inc.Fortinet, Inc.
Wednesday, January 1, 20144269000000770364000
Thursday, January 1, 201568240000001009268000
Friday, January 1, 2016132400000001275443000
Sunday, January 1, 2017176360000001494930000
Monday, January 1, 2018208480000001801200000
Tuesday, January 1, 2019225970000002156200000
Wednesday, January 1, 2020238880000002594400000
Friday, January 1, 2021274500000003342200000
Saturday, January 1, 2022332030000004417400000
Sunday, January 1, 2023358190000005304800000
Monday, January 1, 2024515740000005955800000
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Unleashing insights

Revenue Showdown: Broadcom Inc. vs Fortinet, Inc.

In the ever-evolving tech landscape, revenue growth is a key indicator of a company's success. Over the past decade, Broadcom Inc. and Fortinet, Inc. have been at the forefront of this financial race. Since 2014, Broadcom's revenue has surged by over 1,100%, showcasing its dominance in the semiconductor industry. In contrast, Fortinet, a leader in cybersecurity, has seen its revenue grow by approximately 590% during the same period.

A Decade of Growth

Broadcom's revenue trajectory highlights its strategic acquisitions and market expansion, peaking in 2024 with a projected revenue of $51.6 billion. Meanwhile, Fortinet's steady climb to $5.3 billion in 2023 underscores its robust security solutions' demand. However, data for Fortinet in 2024 remains elusive, leaving room for speculation on its future performance. This revenue showdown not only reflects the companies' past achievements but also sets the stage for future competition in the tech arena.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025