Analog Devices, Inc. or Fortinet, Inc.: Who Leads in Yearly Revenue?

Analog Devices vs. Fortinet: A Decade of Revenue Growth

__timestampAnalog Devices, Inc.Fortinet, Inc.
Wednesday, January 1, 20142864773000770364000
Thursday, January 1, 201534350920001009268000
Friday, January 1, 201634214090001275443000
Sunday, January 1, 201751075030001494930000
Monday, January 1, 201862009420001801200000
Tuesday, January 1, 201959910650002156200000
Wednesday, January 1, 202056030560002594400000
Friday, January 1, 202173182860003342200000
Saturday, January 1, 2022120139530004417400000
Sunday, January 1, 2023123055390005304800000
Monday, January 1, 202494271570005955800000
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Data in motion

Analog Devices vs. Fortinet: A Revenue Showdown

In the ever-evolving tech industry, revenue growth is a key indicator of a company's success. From 2014 to 2023, Analog Devices, Inc. (ADI) and Fortinet, Inc. (FTNT) have been on a fascinating revenue journey. ADI has consistently outperformed FTNT, with its revenue peaking at approximately $12.3 billion in 2023, marking a staggering 330% increase from 2014. In contrast, Fortinet's revenue grew by 590% over the same period, reaching around $5.3 billion in 2023.

A Decade of Growth

While ADI's revenue growth is impressive, Fortinet's rapid expansion highlights its aggressive market penetration. Despite missing data for 2024, the trend suggests continued growth for both companies. This revenue race underscores the dynamic nature of the tech sector, where innovation and strategic investments drive financial success.

Stay tuned as these industry giants continue to shape the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025