Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Palo Alto Networks 3.002, Fortinet 2.048.
Palo Alto Networks vs Fortinet: Revenue Comparison
Palo Alto Networks (PANW) and Fortinet (FTNT) are peers in Cybersecurity. Palo Alto Networks reported revenue of $3.0B as of Q2 2026, compared with $2.0B for Fortinet. Palo Alto Networks leads on revenue.
Palo Alto Networks's gross margin is 67.5% versus 80.2% for Fortinet. Palo Alto Networks's net margin is -5.9% versus 29.6% for Fortinet.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Palo Alto Networks, Fortinet.| Metric | Palo Alto Networks | Fortinet |
|---|---|---|
| Market Cap | - | - |
| Revenue | $3.00B | $2.05B |
| Cost of Revenue | $974.00M | $405.00M |
| Gross Profit | $2.03B | $1.64B |
| Operating Income | $-183.00M | $689.00M |
| Net Income | $-177.00M | $606.00M |
| R&D Expense | $734.00M | $225.00M |
| Earnings Per Share | -$0.28 | $0.82 |
| Gross Margin | 67.5% | 80.2% |
| Operating Margin | -6.1% | 33.7% |
| Net Profit Margin | -5.9% | 29.6% |
| Free Cash Flow | $788.00M | $966.00M |
| Cumulative Free Cash Flow | $20.24B | $14.47B |
| Operating Cash Flow | $871.00M | $1.04B |
| Cash & Equivalents | $2.36B | $2.94B |