Who Generates More Revenue? SAP SE or Fortinet, Inc.

SAP SE vs. Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.SAP SE
Wednesday, January 1, 201477036400017561000000
Thursday, January 1, 2015100926800020793000000
Friday, January 1, 2016127544300022062000000
Sunday, January 1, 2017149493000023460000000
Monday, January 1, 2018180120000024708000000
Tuesday, January 1, 2019215620000027553000000
Wednesday, January 1, 2020259440000027338000000
Friday, January 1, 2021334220000027840000000
Saturday, January 1, 2022441740000030872000000
Sunday, January 1, 2023530480000031207000000
Monday, January 1, 2024595580000034176000000
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Unlocking the unknown

Revenue Race: SAP SE vs. Fortinet, Inc.

In the dynamic world of technology, revenue growth is a key indicator of a company's success. Over the past decade, SAP SE and Fortinet, Inc. have been at the forefront of this race. SAP SE, a global leader in enterprise software, consistently outpaces Fortinet, Inc., a cybersecurity powerhouse, in revenue generation. From 2014 to 2023, SAP SE's revenue grew by approximately 78%, reaching a peak of over $31 billion in 2023. In contrast, Fortinet, Inc. saw a remarkable 589% increase, climbing to over $5 billion in the same period. Despite Fortinet's impressive growth rate, SAP SE's revenue remains nearly six times larger. This comparison highlights the diverse growth trajectories within the tech industry, where established giants and emerging leaders both carve out significant market shares.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025