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

Intuit vs. Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.Intuit Inc.
Wednesday, January 1, 20147703640004506000000
Thursday, January 1, 201510092680004192000000
Friday, January 1, 201612754430004694000000
Sunday, January 1, 201714949300005177000000
Monday, January 1, 201818012000005964000000
Tuesday, January 1, 201921562000006784000000
Wednesday, January 1, 202025944000007679000000
Friday, January 1, 202133422000009633000000
Saturday, January 1, 2022441740000012726000000
Sunday, January 1, 2023530480000014368000000
Monday, January 1, 2024595580000016285000000
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Igniting the spark of knowledge

Intuit Inc. vs. Fortinet, Inc.: A Revenue Showdown

In the ever-evolving landscape of technology giants, Intuit Inc. and Fortinet, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated impressive growth trajectories, but who truly leads in yearly revenue?

A Decade of Growth

From 2014 to 2023, Intuit Inc. has consistently outpaced Fortinet, Inc. in revenue generation. Starting with a 2014 revenue of approximately $4.5 billion, Intuit's revenue surged by over 200% to reach nearly $14.4 billion in 2023. In contrast, Fortinet began with a modest $770 million in 2014, growing to $5.3 billion by 2023, marking a remarkable 590% increase.

The Revenue Gap

Despite Fortinet's impressive growth rate, Intuit's revenue remains nearly three times higher as of 2023. This gap highlights Intuit's dominant market position, driven by its robust product offerings and strategic acquisitions.

As we look to the future, the missing data for 2024 leaves us eagerly anticipating whether Fortinet can close the gap or if Intuit will continue its reign.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025