Gross Profit Comparison: Intel Corporation and Fortinet, Inc. Trends

Intel vs. Fortinet: A Decade of Profit Shifts

__timestampFortinet, Inc.Intel Corporation
Wednesday, January 1, 201453935500035609000000
Thursday, January 1, 201572249100034679000000
Friday, January 1, 201693760600036191000000
Sunday, January 1, 2017110964600039069000000
Monday, January 1, 2018135080000043737000000
Tuesday, January 1, 2019165030000042140000000
Wednesday, January 1, 2020202440000043612000000
Friday, January 1, 2021255920000043815000000
Saturday, January 1, 2022333250000026866000000
Sunday, January 1, 2023406760000021711000000
Monday, January 1, 2024479820000017345000000
Loading chart...

Unleashing insights

A Tale of Two Giants: Intel and Fortinet's Gross Profit Journey

In the ever-evolving tech landscape, Intel Corporation and Fortinet, Inc. have carved distinct paths in their financial trajectories. From 2014 to 2023, Intel's gross profit showcased a rollercoaster ride, peaking in 2021 with a staggering 43.8 billion, only to dip by nearly 50% by 2023. This decline reflects the broader challenges faced by semiconductor giants amidst global supply chain disruptions.

Conversely, Fortinet's journey is a testament to the burgeoning cybersecurity sector. Starting with a modest 539 million in 2014, Fortinet's gross profit surged by over 650% to reach 4.07 billion in 2023. This growth underscores the increasing demand for robust cybersecurity solutions in a digital-first world.

As these two titans navigate their respective markets, their financial narratives offer a compelling glimpse into the shifting dynamics of the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025