vs

Side-by-side financial comparison of AUTOLIV INC (ALV) and Fortinet (FTNT). Click either name above to swap in a different company.

AUTOLIV INC is the larger business by last-quarter revenue ($2.8B vs $1.9B, roughly 1.5× Fortinet). Fortinet runs the higher net margin — 26.6% vs 8.0%, a 18.5% gap on every dollar of revenue. On growth, Fortinet posted the faster year-over-year revenue change (14.8% vs 7.7%). Fortinet produced more free cash flow last quarter ($577.4M vs $426.0M). Over the past eight quarters, Fortinet's revenue compounded faster (15.2% CAGR vs 3.8%).

Autoliv is an American-Swedish automotive safety supplier headquartered in Stockholm, Sweden, and incorporated in Delaware, United States as Autoliv, Inc. It is the world’s largest automotive safety system supplier, producing systems such as airbags, seatbelts, and steering wheels for automotive manufacturers. Autoliv's name combines auto for automobiles, and "liv" {‘li:v} the Swedish word for "life".

Fortinet, Inc. is an American cybersecurity company headquartered in Sunnyvale, California. It develops and sells security products including firewalls, endpoint security and intrusion detection systems. Fortinet has offices in the US, Canada, and UK.

ALV vs FTNT — Head-to-Head

Bigger by revenue
ALV
ALV
1.5× larger
ALV
$2.8B
$1.9B
FTNT
Growing faster (revenue YoY)
FTNT
FTNT
+7.0% gap
FTNT
14.8%
7.7%
ALV
Higher net margin
FTNT
FTNT
18.5% more per $
FTNT
26.6%
8.0%
ALV
More free cash flow
FTNT
FTNT
$151.4M more FCF
FTNT
$577.4M
$426.0M
ALV
Faster 2-yr revenue CAGR
FTNT
FTNT
Annualised
FTNT
15.2%
3.8%
ALV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALV
ALV
FTNT
FTNT
Revenue
$2.8B
$1.9B
Net Profit
$226.0M
$506.0M
Gross Margin
20.3%
79.6%
Operating Margin
11.4%
32.8%
Net Margin
8.0%
26.6%
Revenue YoY
7.7%
14.8%
Net Profit YoY
-7.4%
EPS (diluted)
$2.97
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALV
ALV
FTNT
FTNT
Q1 26
$1.9B
Q4 25
$2.8B
$1.9B
Q3 25
$2.7B
$1.7B
Q2 25
$2.7B
$1.6B
Q1 25
$2.6B
$1.5B
Q4 24
$2.6B
$1.7B
Q3 24
$2.6B
$1.5B
Q2 24
$2.6B
$1.4B
Net Profit
ALV
ALV
FTNT
FTNT
Q1 26
$506.0M
Q4 25
$226.0M
$506.0M
Q3 25
$175.0M
$473.9M
Q2 25
$167.0M
$440.1M
Q1 25
$167.0M
$433.4M
Q4 24
$244.0M
$526.2M
Q3 24
$138.0M
$539.9M
Q2 24
$138.0M
$379.8M
Gross Margin
ALV
ALV
FTNT
FTNT
Q1 26
79.6%
Q4 25
20.3%
79.6%
Q3 25
19.3%
80.8%
Q2 25
18.5%
80.7%
Q1 25
18.5%
81.0%
Q4 24
21.0%
81.1%
Q3 24
18.0%
82.5%
Q2 24
18.2%
80.8%
Operating Margin
ALV
ALV
FTNT
FTNT
Q1 26
32.8%
Q4 25
11.4%
32.8%
Q3 25
9.9%
31.7%
Q2 25
9.1%
28.1%
Q1 25
9.9%
29.5%
Q4 24
13.5%
34.6%
Q3 24
8.8%
31.2%
Q2 24
7.9%
30.5%
Net Margin
ALV
ALV
FTNT
FTNT
Q1 26
26.6%
Q4 25
8.0%
26.6%
Q3 25
6.5%
27.5%
Q2 25
6.2%
27.0%
Q1 25
6.5%
28.1%
Q4 24
9.3%
31.7%
Q3 24
5.4%
35.8%
Q2 24
5.3%
26.5%
EPS (diluted)
ALV
ALV
FTNT
FTNT
Q1 26
$0.68
Q4 25
$2.97
$0.67
Q3 25
$2.28
$0.62
Q2 25
$2.16
$0.57
Q1 25
$2.14
$0.56
Q4 24
$3.07
$0.68
Q3 24
$1.74
$0.70
Q2 24
$1.71
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALV
ALV
FTNT
FTNT
Cash + ST InvestmentsLiquidity on hand
$604.0M
$3.6B
Total DebtLower is stronger
$996.3M
Stockholders' EquityBook value
$2.6B
$1.2B
Total Assets
$8.6B
$10.4B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALV
ALV
FTNT
FTNT
Q1 26
$3.6B
Q4 25
$604.0M
$2.5B
Q3 25
$225.0M
$2.0B
Q2 25
$237.0M
$3.4B
Q1 25
$322.0M
$3.6B
Q4 24
$330.0M
$2.9B
Q3 24
$415.0M
$2.5B
Q2 24
$408.0M
$2.2B
Total Debt
ALV
ALV
FTNT
FTNT
Q1 26
$996.3M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ALV
ALV
FTNT
FTNT
Q1 26
$1.2B
Q4 25
$2.6B
$1.2B
Q3 25
$2.5B
$735.1M
Q2 25
$2.5B
$2.1B
Q1 25
$2.4B
$2.0B
Q4 24
$2.3B
$1.5B
Q3 24
$2.3B
$908.1M
Q2 24
$2.3B
$288.2M
Total Assets
ALV
ALV
FTNT
FTNT
Q1 26
$10.4B
Q4 25
$8.6B
$10.4B
Q3 25
$8.5B
$9.4B
Q2 25
$8.5B
$10.6B
Q1 25
$8.1B
$10.4B
Q4 24
$7.8B
$9.8B
Q3 24
$8.3B
$8.9B
Q2 24
$8.0B
$8.1B
Debt / Equity
ALV
ALV
FTNT
FTNT
Q1 26
0.81×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALV
ALV
FTNT
FTNT
Operating Cash FlowLast quarter
$544.0M
$2.6B
Free Cash FlowOCF − Capex
$426.0M
$577.4M
FCF MarginFCF / Revenue
15.1%
30.3%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
2.41×
5.12×
TTM Free Cash FlowTrailing 4 quarters
$716.0M
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALV
ALV
FTNT
FTNT
Q1 26
$2.6B
Q4 25
$544.0M
$620.2M
Q3 25
$258.0M
$655.2M
Q2 25
$278.0M
$451.9M
Q1 25
$77.0M
$863.3M
Q4 24
$420.0M
$477.6M
Q3 24
$177.0M
$608.1M
Q2 24
$340.0M
$342.0M
Free Cash Flow
ALV
ALV
FTNT
FTNT
Q1 26
$577.4M
Q4 25
$426.0M
$577.4M
Q3 25
$152.0M
$567.5M
Q2 25
$163.0M
$284.1M
Q1 25
$-25.0M
$796.8M
Q4 24
$281.0M
$380.0M
Q3 24
$31.0M
$571.8M
Q2 24
$186.0M
$318.9M
FCF Margin
ALV
ALV
FTNT
FTNT
Q1 26
30.3%
Q4 25
15.1%
30.3%
Q3 25
5.6%
32.9%
Q2 25
6.0%
17.4%
Q1 25
-1.0%
51.8%
Q4 24
10.7%
22.9%
Q3 24
1.2%
37.9%
Q2 24
7.1%
22.2%
Capex Intensity
ALV
ALV
FTNT
FTNT
Q1 26
Q4 25
4.2%
2.2%
Q3 25
3.9%
5.1%
Q2 25
4.2%
10.3%
Q1 25
4.0%
4.3%
Q4 24
5.3%
5.9%
Q3 24
5.7%
2.4%
Q2 24
5.9%
1.6%
Cash Conversion
ALV
ALV
FTNT
FTNT
Q1 26
5.12×
Q4 25
2.41×
1.23×
Q3 25
1.47×
1.38×
Q2 25
1.66×
1.03×
Q1 25
0.46×
1.99×
Q4 24
1.72×
0.91×
Q3 24
1.28×
1.13×
Q2 24
2.46×
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALV
ALV

Segment breakdown not available.

FTNT
FTNT

Service$1.2B64%
Product$691.1M36%

Related Comparisons