Computed from SEC EDGAR filings and closing prices — not copied from any wealth ranking. Dataset . How we calculate this.

Market capitalisation
$114.51B
733,713,653 shares Covers every share class this company has on file.
Insiders on file
13
people who have filed Form 3, 4 or 5 naming this issuer
Value of insider-held stock
$12.65B
from the holdings reported on Forms 3/4/5; this figure has no separate as-of date on file
Insider-held share of market cap
11.05%
insider-held value divided by market capitalisation

What Fortinet, Inc. reports

Revenue and net income below are for fiscal period FY2025, the period label carried by this company’s own annual XBRL filings to the SEC. Fiscal years do not line up between companies — one company’s FY2026 can cover much the same months as another’s FY2025 — so compare the periods, not just the numbers.

Revenue
$6.80B
FY2025 annual revenue, from this company’s own annual XBRL filings to the SEC
Net income
$1.85B
FY2025 profit for the period, from this company’s own annual XBRL filings to the SEC
Employees
15,472
Yahoo Finance
Where the employee count comes from

Headcount comes from Yahoo Finance, not from a filing. The date beside it is the day we retrieved the figure — it is not the date the company counted its staff, and Yahoo does not publish that date. Unlike the SEC filings behind the other figures on this page, this one carries no open licence, so we publish the number and nothing else from that source.

Insiders at Fortinet, Inc.

Shares is what each person last reported holding here.

Everyone below has filed at least one insider report against this company.

Value is that share count priced at the same closing price used everywhere else on this site. A row priced from only some of a person’s securities says so — we do not quietly present a partial sum as a complete one.

Rows are grouped by the role each person reports.

The role comes from the relationship boxes a person ticks on their own insider filings — officer, director, ten per cent owner — not from anything we infer. Somebody who is both an officer and a director appears once, in the combined group, so the row count still matches the figure at the top of this page. Where no filing states a role we say so instead of guessing one.

People who file insider reports against Fortinet, Inc..
Insider Reported role Shares Value Last action
Officers 2
John Whittle COO 92,461 $14.45M F Shares withheld for taxes Aug 1, 2026 position reported
Christiane Ohlgart CFO 8,247 $1.29M S Open-market sale Aug 4, 2026 position reported
Officers who also sit on the board 5
Ken Xie Ken Xie CEO 56,954,452 $8.90B S Open-market sale Aug 3, 2026 position reported
Michael Xie CTO 23,297,225 $3.64B S Open-market sale Aug 3, 2026 position reported
Ming Hsieh Ming Hsieh CEO 61,385 $9.59M M Option exercise or conversion Jun 11, 2026 position reported
Jean X Hu CFO 37,750 $5.90M M Option exercise or conversion Jun 11, 2026 position reported
Keith Jensen CFO 7,905 $1.24M position reported
Directors 6
William H. Neukom Board Member 302,601 $47.29M M Option exercise or conversion Jun 12, 2025 position reported
Judith Sim Board Member 128,243 $20.04M M Option exercise or conversion Jun 11, 2026 position reported
Kenneth A. Goldman Kenneth A. Goldman Board Member 43,920 $6.86M M Option exercise or conversion Jun 11, 2026 position reported
James G. Stavridis Board Member 15,890 $2.48M M Option exercise or conversion Jun 11, 2026 position reported
Mary Agnes Wilderotter Board Member 5,069 $792.2K M Option exercise or conversion Jun 12, 2025 position reported
Janet Napolitano Board Member 2,975 $465.0K M Option exercise or conversion Jun 11, 2026 position reported

Events from filings

Detected automatically in the filings linked below. Each headline is built from the numbers in those filings, not written by a model. Newest first; events older than 45 days stay listed and are marked as older.

Michael Xie sold 333,660 Fortinet, Inc. (FTNT) shares for $27,158,494 on Feb 2, 2026

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Michael Xie sold 333,660 Fortinet, Inc. (FTNT) shares for $27,158,494 on Feb 2, 2026
Date Insider Transaction Shares Price Value Filing
Feb 2, 2026 Michael Xie S Open-market sale 129,378 held after: 10,424,010 $81.01 $10,480,912 SEC filing ↗
Feb 2, 2026 Michael Xie S Open-market sale 204,282 held after: 10,219,728 $81.64 $16,677,582 SEC filing ↗

Total of the rows above: $27,158,494, in the currency the filings report.

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Ken Xie sold 129,209 Fortinet, Inc. (FTNT) shares for $12,719,334 on Aug 4, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Ken Xie sold 129,209 Fortinet, Inc. (FTNT) shares for $12,719,334 on Aug 4, 2025
Date Insider Transaction Shares Price Value Filing
Aug 4, 2025 Ken Xie S Open-market sale 129,209 held after: 51,416,256 $98.44 $12,719,334 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Michael Xie sold 387,223 Fortinet, Inc. (FTNT) shares for $38,114,360 on Aug 4, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Michael Xie sold 387,223 Fortinet, Inc. (FTNT) shares for $38,114,360 on Aug 4, 2025
Date Insider Transaction Shares Price Value Filing
Aug 4, 2025 Michael Xie S Open-market sale 387,223 held after: 9,805,833 $98.43 $38,114,360 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Ken Xie sold 120,952 Fortinet, Inc. (FTNT) shares for $12,849,940 on May 2, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Ken Xie sold 120,952 Fortinet, Inc. (FTNT) shares for $12,849,940 on May 2, 2025
Date Insider Transaction Shares Price Value Filing
May 2, 2025 Ken Xie S Open-market sale 120,952 held after: 51,391,879 $106.24 $12,849,940 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Michael Xie sold 151,842 Fortinet, Inc. (FTNT) shares for $14,919,995 on Mar 11, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Michael Xie sold 151,842 Fortinet, Inc. (FTNT) shares for $14,919,995 on Mar 11, 2025
Date Insider Transaction Shares Price Value Filing
Mar 11, 2025 Michael Xie S Open-market sale 151,842 held after: 11,072,182 $98.26 $14,919,995 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Ken Xie sold 173,420 Fortinet, Inc. (FTNT) shares for $16,759,016 on Mar 10, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Ken Xie sold 173,420 Fortinet, Inc. (FTNT) shares for $16,759,016 on Mar 10, 2025
Date Insider Transaction Shares Price Value Filing
Mar 10, 2025 Ken Xie S Open-market sale 93,941 held after: 51,503,938 $96.29 $9,045,579 SEC filing ↗
Mar 10, 2025 Ken Xie S Open-market sale 79,479 held after: 51,424,459 $97.05 $7,713,437 SEC filing ↗

Total of the rows above: $16,759,016, in the currency the filings report.

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Recent insider transactions

Of the 469 rows we hold, 7 are open-market purchases (P) and 160 open-market sales (S) — the only codes we count as buying or selling.

The rest — awards, shares withheld to pay tax, option exercises, gifts and so on — follow from an employment contract or a transfer arranged off-market, not from a decision to buy or sell, so counting them would turn this into a pay table.

A price of 0.00 is a real reported figure on gifts (G) and share awards (A) — not a gap in our data.

Insider transactions disclosed to the SEC for Fortinet, Inc., newest first, each with the filing behind it.
Date Insider Transaction Shares Price Value Filing
Aug 4, 2026 Christiane Ohlgart S Open-market sale 387 $164.59 $63.7K SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 162 $164.49 $26.6K SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 47,943 $163.91 $7.86M SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 67,971 $163.08 $11.08M SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 7,350 $161.82 $1.19M SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 19,647 $160.82 $3.16M SEC filing ↗
Aug 3, 2026 Ken Xie S Open-market sale 18,409 $160.14 $2.95M SEC filing ↗
Aug 3, 2026 Ken Xie M Option exercise or conversion 155,000 $22.90 $3.55M SEC filing ↗
Aug 3, 2026 Michael Xie S Open-market sale 800 $163.98 $131.2K SEC filing ↗
Aug 3, 2026 Michael Xie S Open-market sale 1,421 $163.12 $231.8K SEC filing ↗
Aug 3, 2026 Michael Xie S Open-market sale 200 $161.75 $32.4K SEC filing ↗
Aug 3, 2026 Michael Xie S Open-market sale 700 $160.36 $112.3K SEC filing ↗
Aug 1, 2026 Christiane Ohlgart F Shares withheld for taxes 581 $161.95 $94.1K SEC filing ↗
Aug 1, 2026 Christiane Ohlgart M Option exercise or conversion 300 $0.00 $0 SEC filing ↗
Aug 1, 2026 Christiane Ohlgart M Option exercise or conversion 650 $0.00 $0 SEC filing ↗
Aug 1, 2026 Christiane Ohlgart M Option exercise or conversion 684 $0.00 $0 SEC filing ↗
Aug 1, 2026 John Whittle F Shares withheld for taxes 2,310 $161.95 $374.1K SEC filing ↗
Aug 1, 2026 John Whittle M Option exercise or conversion 1,138 $0.00 $0 SEC filing ↗
Aug 1, 2026 John Whittle M Option exercise or conversion 1,827 $0.00 $0 SEC filing ↗
Aug 1, 2026 John Whittle M Option exercise or conversion 1,608 $0.00 $0 SEC filing ↗
Aug 1, 2026 Ken Xie F Shares withheld for taxes 6,611 $161.95 $1.07M SEC filing ↗
Aug 1, 2026 Ken Xie M Option exercise or conversion 2,275 $0.00 $0 SEC filing ↗
Aug 1, 2026 Ken Xie M Option exercise or conversion 4,558 $0.00 $0 SEC filing ↗
Aug 1, 2026 Ken Xie M Option exercise or conversion 6,260 $0.00 $0 SEC filing ↗
Aug 1, 2026 Michael Xie F Shares withheld for taxes 3,185 $161.95 $515.8K SEC filing ↗

From SEC Form 4 filings. Every row links to the filing it came from. How we calculate this.

What a Form 4 is

The report an officer, director or large shareholder must file after trading their own company’s stock.

Subsidiaries — 64 legal entities

Subsidiaries of Fortinet, Inc.

64 legal entities named in the subsidiary exhibit filed with this company’s most recent 10-K. . Filing on SEC.gov.

This is not the full list. SEC rules only require a company to name its significant subsidiaries.

What that leaves out

Smaller entities are left out of the exhibit entirely. A short list here means a short exhibit — it does not mean the company owns nothing else. Nothing on this page is inferred: every name below is copied from the filing.

Subsidiaries Fortinet, Inc. names in its most recent annual report, with the place each one is organised.
Subsidiary Organised in
AJ Holdings 1 K.K. Japan
AJ Holdings 2 K.K. Japan
Alaxala Networks Corporation Japan
Fortinet Australia Pty Ltd Australia
Fortinet Austria GmbH Austria
Fortinet B.V. Netherlands
Fortinet Belgium BV Belgium
Fortinet Branch Holding Company U.S.A.
Fortinet Colombia S.A.S. Colombia
Fortinet Consumer, Inc. Cayman Islands
Fortinet Denmark ApS Denmark
Fortinet Federal, Inc. U.S.A.
Fortinet Finland Oy Finland
Fortinet GmbH Germany
Fortinet Holding LLC U.S.A.
Fortinet Information Technology (Beijing) Co., Ltd. China
Fortinet International, Inc. Cayman Islands
Fortinet Ireland Limited Ireland
Fortinet Japan G.K. Japan
Fortinet Malaysia SDN. BHD. Malaysia
Fortinet Mexico, S. de R.L. de C.V. Mexico
Fortinet Network Security Brasil LTDA. Brazil
Fortinet Networks Mauritius Ltd Mauritius
Fortinet Networks Romania S.R.L. Romania
Fortinet Poland sp. z o.o. Poland
Fortinet Portugal, Unipessoal Lda Portugal
Fortinet Regional Headquarter Company Saudi Arabia
Fortinet S.A.R.L. France
Fortinet Security Israel Ltd. Israel
Fortinet Security Italy S.R.L. Italy
Fortinet Security Korea Ltd. Korea
Fortinet Security LLC Qatar
Fortinet Security Network (Thailand) Ltd. Thailand
Fortinet Security NZ Limited New Zealand
Fortinet Security Philippines, Inc. Philippines
Fortinet Security Spain SL Spain
Fortinet Singapore Private Limited Singapore
Fortinet Switzerland GmbH Switzerland
Fortinet Technologies (Canada) ULC Canada
Fortinet Technologies India Private Limited India
Fortinet Turkey Güvenlik Sistemleri Limited Şirketi Turkey
Fortinet UK Limited United Kingdom
Holdings 1502 Enterprises Ltd. Canada
Holdings 1504 Enterprises Inc. Canada
Holdings 1506 Enterprises Ltd. Canada
Holdings 1507 Enterprises Ltd. Canada
Lacework Australia Pty Limited Australia
Lacework Branch Holding Company U.S.A.
Lacework EMEA Ltd United Kingdom
Lacework Iceland ehf. Iceland
Lacework Netherlands B.V. Netherlands
Lacework Security India Private Limited India
Lacework Singapore PTE. Limited Singapore
Lacework Sweden AB Sweden
Lacework Switzerland GmbH Switzerland
Lacework Technology Canada Inc. Canada
Linksys Cayman, LLC Cayman Islands
Linksys HK Limited Hong Kong
Linksys PTE LTD Singapore
Linksys UK Limited United Kingdom
Linksys USA LLC U.S.A.
Next DLP Holdings Limited United Kingdom
Next DLP Limited United Kingdom
PT Fortinet Indonesia Security Indonesia
What counts as a subsidiary

A subsidiary is a separate legal entity this company controls; it is not the same thing as a brand, a division or an office. These entities do not file with the SEC in their own right, so there is no separate page to open for them.

Think a number here is wrong? Open the linked filing and compare — how to report it.

Sources and technical notes

Every figure on this page comes from filings to the U.S. SEC via EDGAR. Nothing here is estimated, and nothing is taken from press coverage or company websites.

Share count: cover page of the latest filing (dei:EntityCommonStockSharesOutstanding), taken from Fortinet, Inc.’s own filings and multiplied by our closing price. Full method.

What that share count means

the share count the company itself prints on the cover of its most recent filing, as of the date it signed that filing.

We do not take a market cap from a data vendor, and we do not estimate one: the figure is a share count from Fortinet, Inc.’s own SEC filings multiplied by the closing price we hold for the same stock.

Logo: ™/®Fortinet / Public domain , via Wikimedia Commons ↗ — used here to identify the company. Trademarks remain the property of their owner.