F
FTNT
FTNTUnverified3 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$8.1B19.8%
FY2024
Operating Segments
3Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Services
Segment Shift
Services has grown from 64.6% to 50.0% of total revenue since FY2019, with 0.0% operating margins. Meanwhile, Security Subscription is the fastest growing at +22.1% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Services | $4.0B | $0 | 0.0% | 50.0% | +19.8% |
| Security Subscription | $2.3B | $0 | 0.0% | 28.6% | +22.1% |
| Technical Supportand Other | $1.7B | $0 | 0.0% | 21.4% | +17.0% |
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