Home » Stocks » FTNT » Financials » Income Statement

Fortinet, Inc. (FTNT)

Stock Price: $110.37 USD -7.63 (-6.47%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed
After-hours: $110.25 -0.12 (-0.11%) Oct 30, 7:07 PM

Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.
Year20192018201720162015201420132012201120102009200820072006
Revenue2,1561,8011,4951,2751,009770615534434325252212155123
Revenue Growth19.71%20.49%17.21%26.37%31.01%25.2%15.3%23.08%33.53%28.79%19.04%36.32%25.84%-
Cost of Revenue50645038533828723118114711485.2169.9865.4756.6540.96
Gross Profit1,6501,3511,11093872253943538632023918214698.7182.50
Selling, General & Admin1,02987578970854235726020516713411510492.7067.05
Research & Development27724521118315812310381.0863.5849.8042.2037.0427.5921.45
Other Operating Expenses0.000.000.304.007.600.000.000.000.000.000.000.000.000.00
Operating Expenses1,3061,1201,00089570848036328623118415714112088.50
Operating Income34423111042.9014.8859.3272.0910088.9055.3425.334.93-21.58-6.00
Other Expense / Income-35.00-19.90-14.20-0.20-2.13-2.23-3.85-4.52-3.17-1.00-2.18-4.32-1.52-1.87
Pretax Income37925112443.1017.0161.5575.9410592.0756.3427.519.25-20.06-4.12
Income Tax52.70-81.3092.6010.909.0236.2131.6738.1629.5815.10-32.671.891.781.22
Net Income32733231.4032.207.9925.3444.2766.8462.4941.2560.187.36-21.84-5.34
Shares Outstanding (Basic)17116917417317016416215815314152.6740.0338.5537.72
Shares Outstanding (Diluted)17517417817617616916816616415613053.2838.5537.72
Shares Change1.12%-2.98%0.98%1.3%4%0.86%2.76%3.6%8.42%167.19%31.56%3.84%2.2%-
EPS (Basic)1.911.960.180.190.050.150.270.420.410.290.970.01-0.57-0.14
EPS (Diluted)1.871.910.180.180.050.150.260.400.380.260.390.01-0.57-0.14
EPS Growth-2.09%961.11%0%260%-66.67%-42.31%-35%5.26%46.15%-33.33%3800%---
Free Cash Flow Per Share4.193.472.631.611.441.000.821.020.850.711.090.870.670.06
Gross Margin76.5%75%74.2%73.5%71.6%70%70.6%72.4%73.8%73.8%72.2%69.1%63.5%66.8%
Operating Margin16.0%12.8%7.3%3.4%1.5%7.7%11.7%18.8%20.5%17.0%10.0%2.3%-13.9%-4.9%
Profit Margin15.1%18.4%2.1%2.5%0.8%3.3%7.2%12.5%14.4%12.7%23.9%3.5%-14.1%-4.3%
FCF Margin33.2%32.5%30.7%21.8%24.3%21.3%21.7%30.3%29.8%30.7%22.8%16.5%16.5%1.8%
Effective Tax Rate13.9%-74.7%25.3%53.0%58.8%41.7%36.3%32.1%26.8%-20.4%--
EBITDA44130718091.6048.5983.5891.5611799.0662.0433.4513.49-15.91-0.62
EBITDA Margin20.4%17%12%7.2%4.8%10.8%14.9%21.8%22.8%19.1%13.3%6.4%-10.2%-0.5%
EBIT37925112443.1017.0161.5575.9410592.0756.3427.519.25-20.06-4.12
EBIT Margin17.6%13.9%8.3%3.4%1.7%8.0%12.3%19.7%21.2%17.4%10.9%4.4%-12.9%-3.3%