Palo Alto Networks is the largest cybersecurity company by revenue, with about $9.22 billion in fiscal 2025, followed by Fortinet at about $6.80 billion and CrowdStrike at about $3.95 billion. Gen Digital and F5 round out the top five. We rank companies by recent reported revenue, not daily stock market value.
How we rank: By recent fiscal revenue (or closest disclosed figure)—not daily market-cap swings. Confirm current figures on each company’s investor site. Details: Sources & methods.
Top cybersecurity companies by recent fiscal revenue
| Rank | Company | HQ | Revenue (FY noted) | Notes | Source |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks (PANW) | Santa Clara, CA | ~$9.22B (FY2025) | FY2025 total revenue $9.22B; NGS ARR ~$5.6B (company earnings release) | IR / earnings |
| 2 | Fortinet (FTNT) | Sunnyvale, CA | ~$6.80B (FY2025) | FY2025 total revenue $6.80B (company IR) | IR / earnings |
| 3 | CrowdStrike (CRWD) | Austin, TX | ~$3.95B (FY2025) | FY2025 total revenue $3.95B; ending ARR $4.24B (company IR) | IR / earnings |
| 4 | Gen Digital (GEN) | Tempe, AZ | ~$3.94B (FY2025) | FY2025 revenue $3.935B (company IR) | IR / earnings |
| 5 | F5 (FFIV) | Seattle, WA | ~$3.09B (FY2025) | FY2025 revenue $3.09B ($3,088M) per F5 Q4/FY25 earnings release (Oct 27, 2025) | IR / earnings |
| 6 | Check Point (CHKP) | Tel Aviv, Israel | ~$2.73B (FY2025) | Company press / IR financial results | IR / earnings |
| 7 | Zscaler (ZS) | San Jose, CA | ~$2.67B (FY2025) | FY2025 revenue $2.67B; ARR ~$3.015B (company IR) | IR / earnings |
| 8 | Okta (OKTA) | San Francisco, CA | ~$2.61B (FY2025) | FY2025 revenue $2.610B per Okta Q4/FY25 earnings release (ended Jan 31, 2025) | IR / earnings |
| 9 | Cloudflare (NET) | San Francisco, CA | ~$2.17B (FY2025) | FY2025 revenue $2.17B (company press release) | IR / earnings |
| 10 | CyberArk (CYBR) | Newton, MA | ~$1.36B (FY2025) | FY2025 revenue $1.361B per CyberArk FY2025 results (SEC exhibit / Feb 4, 2026) | IR / earnings |
How to use this list
- Revenue leaders are not identical to “best employer”—culture, security clearance, and role mix matter.
- Many openings still prefer a bachelor's plus certs (Security+, CISSP track) over the school name alone.
- Identity, cloud, and endpoint platforms dominate hiring language in 2025–2026 IR decks.
Sources & methods
Technical details for journalists and fact-checkers.
- Sort key: Disclosed fiscal revenue / ARR for pure-play or heavily cyber-focused public vendors (Palo Alto → Fortinet → CrowdStrike …). Diversified contractors are noted separately when relevant.
- Freeze: Table values as of 2026-09-10 research freeze—re-check company IR and earnings coverage before citing as current.
- Outlook (not measured AIDR stats): Competitor pages often cite ~$208.65B global cyber market projections (Statista Cybersecurity outlook (cited on Programs.com companies page)) — treat as outlook, not a measured AIDR statistic. Cybercrime-cost headlines such as $10.5T/year (Cybersecurity Ventures (historical cybercrime report)) are industry projections, not audited totals.
Related degree paths
Ranking
Online cyber bachelor's
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View → CareersCybersecurity salary
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View → WorkforceTalent & skills gap
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View → CertsCISSP
Common mid-career credential.
View →Frequently asked questions
How did you rank the largest cybersecurity companies?
By recent fiscal-year revenue (or closest disclosed figure) for pure-play or heavily cyber-focused public vendors—not by daily market-cap swings. Diversified contractors (e.g., federal systems firms) are noted separately when relevant.
Where should I go after reading this list?
If you are choosing a degree path into the industry, start with our online cybersecurity bachelor's ranking and cybersecurity salary guide.