Investor Presentaiton
W
$ in Millions
$751
Q3'19
Product and Total Revenue Growth vs. PANW
M&A Activity(1): FTNT = $157M; PANW = $1,776M
LTM Product Revenue
LTM Total Revenue
$1,087
Q3'20
2-YR CAGR
$1,179
FTNT = 25%
PANW = 4%
$1,070
$867
FTNT
PANW
Q3'21
$1,165
$ in Millions
Q3'19
$3,016
$2,054
Fortinet, Inc. All Rights Reserved.
(1) Total purchase price of acquisitions per SEC filings based on transactions that closed from October 1, 2019 through September 30, 2021 for FTNT and November 1, 2019 through October 31, 2021 for PANW.
Note: PANW's fiscal year does not follow the calendar year. As such, PANW's calendar Q3'21 LTM results are calculated using the following fiscal quarters: Q2'21, Q3'21, Q4'21, and Q1'22.
Q3'20
2-YR CAGR
FTNT = 23%
PANW=23%
$3,583
$2,465
-FTNT
-PANW
Q3'21
34
$4,558
$3,127View entire presentation