Texas Instruments Incorporated vs Fortinet, Inc.: Annual Revenue Growth Compared

Tech Titans' Revenue Growth: A Decade in Review

__timestampFortinet, Inc.Texas Instruments Incorporated
Wednesday, January 1, 201477036400013045000000
Thursday, January 1, 2015100926800013000000000
Friday, January 1, 2016127544300013370000000
Sunday, January 1, 2017149493000014961000000
Monday, January 1, 2018180120000015784000000
Tuesday, January 1, 2019215620000014383000000
Wednesday, January 1, 2020259440000014461000000
Friday, January 1, 2021334220000018344000000
Saturday, January 1, 2022441740000020028000000
Sunday, January 1, 2023530480000017519000000
Monday, January 1, 2024595580000015641000000
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Unlocking the unknown

A Decade of Revenue Growth: Texas Instruments vs. Fortinet

In the ever-evolving landscape of technology, Texas Instruments Incorporated and Fortinet, Inc. have showcased remarkable revenue growth over the past decade. From 2014 to 2023, Fortinet's revenue surged by an impressive 588%, reflecting its robust expansion in cybersecurity solutions. Meanwhile, Texas Instruments, a stalwart in the semiconductor industry, experienced a steady 34% increase in revenue, underscoring its resilience and adaptability.

Key Insights

  • Fortinet's Meteoric Rise: Starting with a modest revenue in 2014, Fortinet's growth trajectory has been nothing short of spectacular, reaching over $5.3 billion by 2023.
  • Texas Instruments' Consistency: Despite market fluctuations, Texas Instruments maintained a strong revenue stream, peaking at $20 billion in 2022.

While 2024 data for Fortinet remains unavailable, Texas Instruments shows a slight dip, highlighting the dynamic nature of the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025