Fortinet Delivers Unmatched Security and Efficient Network Performance for the Distributed Enterprise with New Next-Gen Firewalls

$FTNT
Computer peripheral equipment
Technology
Get the next $FTNT alert in real time by email

News Summary

SUNNYVALE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the FortiGate 70G, FortiGate 50G, and FortiGate 30G, the latest G series next-generation firewalls (NGFWs) designed to meet the evolving technology and business demands of today's distributed enterprises. Powered by Fortinet's proprietary ASIC technology and the unified Fortinet operating system, FortiOS, the FortiGate G series delivers industry-leading security with unmatched performance. These features, combined with advanced networking support and FortiGuard AI-Powered Security Services, reduce the risk of successful cyberattacks and allow customers to future-proof IT infrastructure while minimizing operational costs and environmental impact.

"For nearly 25 years, we have set the standard for fortifying enterprise networks," said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. "By completing the FortiGate G series with the latest ASIC and FortiOS innovation, we give distributed enterprises cutting-edge tools like AI-powered security services and GenAI for network and security operations centers without compromising performance or sustainability needs. Our customers trust that Fortinet will continue redefining the standard for next-generation firewalls by delivering superior security effectiveness, greater energy efficiency, and unmatched performance for years to come."

FortiGate G Series: Industry-Leading Performance with AI-Powered Security

Today's enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate G series is engineered to meet these demands, offering:

  • Cutting-edge security with unmatched power efficiency: The FortiGate G series delivers superior protection without compromising performance. For example, the new FortiGate 70G delivers up to 11x higher IPsec VPN and 7x higher firewall throughput than the industry average while consuming 62x fewer watts per Gbps of IPsec VPN throughput and 42x fewer watts per Gbps of firewall throughput.
  • Faster identification, containment, and mitigation of threats: FortiGuard AI-Powered Security Services provides real-time, automated threat detection and response to defend against advanced ransomware, malware, and zero-day exploits.
  • FortiAI for enhanced cybersecurity operations: FortiAI, the Fortinet generative AI assistant, helps automate tasks, provides actionable insights, and improves threat detection. FortiGate customers can use FortiAI to support incident analysis, threat remediation, and playbook creation, empowering them to streamline security processes and strengthen their cybersecurity posture.

The power of the new FortiGate G series and FortiGuard AI-Powered Security Services is showcased in the below Security Compute Rating tables, which compare the top firewalls on the market against the target performance numbers of the FortiGate 70G, FortiGate 50G, and FortiGate 30G:  

FortiGate 70G

SpecificationFortiGate

70G
Security Compute RatingCompetitor AverageCheck Point 1555Cisco Meraki

MX68
Juniper

SRX 300
Palo Alto Networks

PA-410
Firewall (Gbps)10.07x1.52.00.71.91.4
IPsec VPN (Gbps)7.111x0.71.30.40.30.7
Threat Protection (Gbps)1.33x0.50.60.40.20.8
Concurrent Sessions1.4M4x376K1M-64K64K
Connections per Second100K10x10K14K-5K11K
Power Efficiency

FortiGate

70G
Energy SavingsCompetitor AverageCheck Point 1555Cisco Meraki

MX68
Juniper

SRX 300
Palo Alto Networks

PA-410
Max Power Consumption (Watts)8.94x35.017.979.024.918.0
Watts/Gbps Firewall Throughput0.942x36.99.0112.913.112.9
Watts/Gbps IPsec VPN Throughput1.362x78.113.8197.573.227.7



FortiGate 50G

SpecificationFortiGate

50G
Security Compute RatingCompetitor AverageCheck Point

1535
Cisco Meraki

MX67
Juniper

SRX 300
Palo Alto Network PA-410
Firewall (Gbps)5.03x1.52.00.71.91.4
IPsec VPN (Gbps)4.58x0.61.00.40.30.7
Threat Protection (Gbps)1.12x0.50.40.40.20.8
Concurrent Sessions720K2x376K1M-64K64K
Connections per Second85K10x8.8K10.5K-5K11K
Power Efficiency

FortiGate

50G
Energy SavingsCompetitor AverageCheck Point

1535
Cisco Meraki

MX67
Juniper

SRX 300
Palo Alto Networks

PA-410
Max Power Consumption (Watts)8.92x18.717.914.024.918.0
Watts/Gbps Firewall Throughput1.88x13.79.020.013.112.9
Watts/Gbps IPsec VPN Throughput2.020x38.618.535.073.227.7



FortiGate 30G

SpecificationFortiGate 30GSecurity Compute RatingCompetitor AverageBarracudas F12Cisco Meraki

Z4
SonicWall

TZ270
Watch Guard NV5
Firewall (Gbps)4.04x1.01.20.52.00.4
IPsec VPN (Gbps)3.510x0.40.20.30.80.2
Threat Protection (Gbps)0.51x0.40.20.30.8-
Concurrent Sessions600K2x301K80K-750K73K
Connections per Second30K4x7.5K8K-6K8.5K
Power Efficiency

FortiGate 30GEnergy SavingsCompetitor AverageBarracudas F12Cisco Meraki

Z4
SonicWall

TZ270
Watch Guard NV5
Max Power Consumption (Watts)8.24x29.545.042.018.912.0
Watts/Gbps Firewall Throughput2.341x96.6204.5-25.260.0
Watts/Gbps IPsec VPN Throughput16.47x120.3195.7140.025.2-
  • Threat protection performance is measured with firewall, IPS, application control and malware protection, and logging enabled.
  • The numbers for competitive solutions are based on publicly available sources. Other vendors may have different testing methodologies.
  • All power consumption values are taken from external data sheets and hardware system guides using maximum power consumption.
  • Performance information is sourced from vendor datasheets published as of February 5, 2025.

Building a Strong Cybersecurity Platform Starts with the Firewall

Fortinet was founded on the principle of converging networking and security into a unified cybersecurity platform anchored by a single operating system. The Fortinet Security Fabric is the result of more than two decades of relentless focus on the company's platform vision to provide customers with end-to-end visibility, unified management, and automated threat intelligence sharing. All FortiGate NGFWs, including the FortiGate G series, seamlessly integrate into the Fortinet Security Fabric so customers can build a secure foundation to advance their overall security measures from adopting secure access service edge (SASE) solutions to enhancing security operations with FortiAI. Fortinet empowers organizations to evolve their cybersecurity strategy, ensuring comprehensive protection and operational efficiency at every stage of their journey.

Additional Resources

About Fortinet

Fortinet (NASDAQ:FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams ("CERTS"), government entities, and academia, is a fundamental aspect of Fortinet's commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet's elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    
Media Contact:Investor Contact:Analyst Contact:   
Margaret Reeb

Fortinet, Inc.

408-235-7700

pr@fortinet.com
Aaron Ovadia

Fortinet, Inc.

408-235-7700

investors@fortinet.com
Brian Greenberg

Fortinet, Inc.

408-235-7700

analystrelations@fortinet.com
 


Primary Logo

Get the next $FTNT alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$FTNT

DatePrice TargetRatingAnalyst
3/18/2025Overweight
Morgan Stanley
2/26/2025Buy
Deutsche Bank
2/3/2025$105.00 → $112.00Outperform → Neutral
Robert W. Baird
1/14/2025Outperform → Mkt Perform
Raymond James
1/6/2025$100.00 → $120.00Neutral → Overweight
Piper Sandler
12/19/2024$115.00Sector Weight → Overweight
KeyBanc Capital Markets
11/19/2024$88.00 → $100.00Market Perform
BMO Capital Markets
11/11/2024$83.00 → $111.00Hold → Buy
HSBC Securities
More analyst ratings

$FTNT
Press Releases

Fastest customizable press release news feed in the world

See more
  • Fortinet Expands Its OT Security Platform to Strengthen Protection for Critical Infrastructure

    SUNNYVALE, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has advanced its OT Security Platform to further support the protection of critical infrastructure and industrial sites from evolving cyberthreats. New enhancements go beyond traditional OT visibility solutions and include deeper OT-specific threat visibility with the FortiGuard OT Security Service, expanded ruggedized solutions for segmentation and 5G in harsh environments, and an upgraded OT SecOps portfolio for automated threat response and regulatory compliance tracking. "Fortinet has been b

    $FTNT
    Computer peripheral equipment
    Technology
  • Empower Students with Free Resources to Thrive in Today's Digital World from the New Digital Citizenship Initiative by Discovery Education with Verizon and Fortinet

    CHARLOTTE, N.C., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Discovery Education, the creator of essential K-12 solutions used in classrooms around the world, today announced the launch of a new Digital Citizenship Initiative. The Digital Citizenship Initiative is a dynamic partnership that provides educators and students with free tools, resources, and the skills needed to thrive in today's digital world. The Digital Citizenship Initiative grew out of needs summarized in a dedicated white paper entitled Risks and Resilience: Why Digital Citizenship Matters in K12 Education. This study illuminated many of the issues facing today's students, including cyberbullying, online privacy, and digital footp

    $FTNT
    $VZ
    Computer peripheral equipment
    Technology
    Telecommunications Equipment
    Public Utilities
  • Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams

    SUNNYVALE, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant enhancements to FortiAnalyzer, reinforcing its role in driving faster, smarter security operations (SecOps) all from a single, turnkey hybrid platform tailored for midsize enterprises and teams impacted by the cyber skills shortage. FortiAnalyzer is a powerful, streamlined entry point to scale an organization's security operations center (SOC), providing broad coverage for both on-premises and cloud environments from a single platform. With ready-to-deploy capabilities that deliver complete control wit

    $FTNT
    Computer peripheral equipment
    Technology

$FTNT
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$FTNT
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$FTNT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$FTNT
SEC Filings

See more

$FTNT
Leadership Updates

Live Leadership Updates

See more
  • Fortinet Appoints Distinguished Public Sector Leader Janet Napolitano to its Board of Directors

    SUNNYVALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the addition of Janet Napolitano to the company's board of directors, adding further national security and public policy expertise to the board. Appointing Janet to the board of directors builds on Fortinet's ongoing commitment to advancing cybersecurity for society at large through its product development principles and strategic partnerships. Janet will help advance Fortinet's public and private sector initiatives, advise on the company's ongoing efforts related to CISA's Secure by Design Pledge, and strengthen

    $FTNT
    Computer peripheral equipment
    Technology
  • KDDI Selects Fortinet for New Global Managed SASE Service

    SUNNYVALE, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that KDDI leveraged Fortinet Unified SASE as a new managed secure access service edge (SASE) service. The service from KDDI utilizes Fortinet's industry-leading Unified SASE solution as the core product for its Global SASE Platform Service by Fortinet offering. The Global SASE Platform Service by Fortinet unifies and centrally manages different security policies and standards, simplifying complex networks that require highly secure hybrid work environments from any location globally. In addition, by

    $FTNT
    Computer peripheral equipment
    Technology
  • Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies

    SUNNYVALE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Jim Richberg, Head of Cyber Policy and Global Field CISO at Fortinet "At Fortinet, we have a long-standing commitment to being a role model in ethical and responsible product development and vulnerability disclosure. As part of this dedication, Fortinet has proactively aligned to international and industry best practices and upholds the highest security standards in every aspect of our business. We applaud CISA's continued call to the industry to follow suit and appreciate CISA's willingness to collaborate with Fortinet on the development of these important goals. We strongly encourage others in the technology communi

    $FTNT
    Computer peripheral equipment
    Technology

$FTNT
Financials

Live finance-specific insights

See more
  • Fortinet Reports Fourth Quarter and Full Year 2024 Financial Results

    Fourth Quarter 2024 Highlights Total revenue of $1.66 billion, up 17% year over yearProduct revenue of $574 million, up 18% year over yearBillings of $2.00 billion, up 7% year over year1Record GAAP operating margin of 35% Record Non-GAAP operating margin of 39%1Unified SASE ARR2 up 28% and Security Operations ARR2 up 32%, year over yearRanked #7 on the Forbes Most Trusted Companies in America 2025 list, the only cybersecurity company in the top 50 Full Year 2024 Highlights Total revenue of $5.96 billion, up 12% year over yearService revenue of $4.05 billion, up 20% year over yearRecord GAAP operating margin of 30%Record Non-GAAP operating margin of 35%1Remaining performance obligati

    $FTNT
    Computer peripheral equipment
    Technology
  • Fortinet to Announce Fourth Quarter and Full Year 2024 Financial Results

    SUNNYVALE, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call

    $FTNT
    Computer peripheral equipment
    Technology
  • Fortinet Reports Third Quarter 2024 Financial Results

    Highlights Total revenue up 13% year over year; service revenue up 19% year over yearBillings1 and product revenue returns to growthStrong billings growth in Unified SASE and Security OperationsRecord GAAP operating margin of 31.2%Record Non-GAAP operating margin of 36.1%1Cash flow from operations of $608 million; Free cash flow of $572 million1Raising 2024 revenue and non-GAAP operating margin guidanceShare repurchase authorization increased by $1 billion; remaining authorization of $2 billion SUNNYVALE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results fo

    $FTNT
    Computer peripheral equipment
    Technology

$FTNT
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more