A Professional Review of EBITDA: Intuit Inc. Compared to Fortinet, Inc.

Intuit vs. Fortinet: A Decade of EBITDA Growth

__timestampFortinet, Inc.Intuit Inc.
Wednesday, January 1, 2014813520001528000000
Thursday, January 1, 201555766000970000000
Friday, January 1, 2016916680001480000000
Sunday, January 1, 20171794700001634000000
Monday, January 1, 20182867000001839000000
Tuesday, January 1, 20194126000002121000000
Wednesday, January 1, 20205604000002430000000
Friday, January 1, 20217277000002948000000
Saturday, January 1, 202210778000003369000000
Sunday, January 1, 202314681000004043000000
Monday, January 1, 202418034000004581000000
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Unleashing insights

A Decade of EBITDA: Intuit Inc. vs. Fortinet, Inc.

In the ever-evolving landscape of technology, financial performance is a key indicator of a company's resilience and growth. Over the past decade, Intuit Inc. and Fortinet, Inc. have demonstrated remarkable trajectories in their EBITDA, a critical measure of profitability.

From 2014 to 2023, Intuit's EBITDA surged by approximately 165%, reflecting its robust business model and strategic innovations. In contrast, Fortinet's EBITDA skyrocketed by an impressive 1,700%, showcasing its rapid expansion in the cybersecurity sector. Notably, Intuit's EBITDA consistently outpaced Fortinet's, peaking at $4.043 billion in 2023, compared to Fortinet's $1.468 billion.

While Intuit's growth was steady, Fortinet's exponential rise highlights its aggressive market capture. However, the data for 2024 is incomplete, leaving room for speculation on future trends. This financial narrative underscores the dynamic nature of the tech industry and the diverse strategies companies employ to thrive.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025