Fortinet vs Immersion: revenue, profit, margins and growth compared
Fortinet brought in $6.8B of revenue in fiscal 2025, Immersion $1.7B in fiscal 2026. Revenue changed by +14.2% at Fortinet and +11.2% at Immersion on the year before, so Fortinet grew faster. Fortinet kept 27.3% of its revenue as net profit, Immersion 0.3%. Free cash flow was $2.2B at Fortinet and $42.9M at Immersion.
Fiscal years as each company reports them; the two may end in different months.
Questions about Fortinet and Immersion
Which is bigger by revenue, Fortinet or Immersion?
Fortinet is bigger by revenue: $6.8B in fiscal 2025, against $1.7B for Immersion in fiscal 2026.
Which keeps more of its revenue as profit, Fortinet or Immersion?
Fortinet had a net margin of 27.3% in fiscal 2025; Immersion had 0.3% in fiscal 2026.
Which grew revenue faster, Fortinet or Immersion?
In their latest fiscal years revenue changed by +14.2% at Fortinet and +11.2% at Immersion.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.