Who Generates Higher Gross Profit? Oracle Corporation or Fortinet, Inc.

Oracle's Gross Profit Dominance Over Fortinet: A Decade in Review

__timestampFortinet, Inc.Oracle Corporation
Wednesday, January 1, 201453935500031039000000
Thursday, January 1, 201572249100030694000000
Friday, January 1, 201693760600029568000000
Sunday, January 1, 2017110964600030276000000
Monday, January 1, 2018135080000031771000000
Tuesday, January 1, 2019165030000031511000000
Wednesday, January 1, 2020202440000031130000000
Friday, January 1, 2021255920000032624000000
Saturday, January 1, 2022333250000033563000000
Sunday, January 1, 2023406760000036390000000
Monday, January 1, 2024479820000037818000000
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Oracle vs. Fortinet: A Decade of Gross Profit Comparison

In the ever-evolving tech industry, Oracle Corporation and Fortinet, Inc. have been pivotal players. From 2014 to 2023, Oracle consistently outperformed Fortinet in terms of gross profit. Oracle's gross profit peaked at approximately $37.8 billion in 2024, showcasing a steady growth trajectory. In contrast, Fortinet's gross profit, while growing impressively by over 650% from 2014 to 2023, reached around $4.1 billion in 2023. This stark difference highlights Oracle's dominance, with its gross profit being nearly ten times that of Fortinet's in 2023. Despite Fortinet's rapid growth, Oracle's established market presence and expansive product offerings have kept it ahead. The data for 2024 shows a missing value for Fortinet, indicating a potential gap in reporting or data collection. As the tech landscape continues to shift, these figures provide a fascinating insight into the financial dynamics of these two giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025