Revenue and Financial Overview

in Note (1) Y/Y Billings & Revenue Growth Rates and Operating Margin: 2009 - 2023 40% 30% 20% 10% 0% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 GAAP Operating Margin Non-GAAP Operating Margin Billings Growth Revenue Growth 14-year CAGR ('09-'23) Billings: 25.0% Revenue: 24.3% 2009-2015 have not been adjusted for an immaterial error related to the commencement of revenue recognition for certain FortiCare support service contracts. © Fortinet Inc. All Rights Reserved. | 22

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