Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
76.71
+0.44 (0.58%)
At close: Aug 30, 2024, 4:00 PM
76.98
+0.27 (0.35%)
After-hours: Aug 30, 2024, 7:19 PM EDT
Fortinet Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | Jun '20 Jun 30, 2020 | Mar '20 Mar 31, 2020 | Dec '19 Dec 31, 2019 | Sep '19 Sep 30, 2019 | +20 Quarters |
| Net Income | 1,313 | 1,199 | 1,148 | 1,151 | 1,059 | 966.6 | 857.3 | 742.5 | 674 | 638 | 606.8 | 554.5 | 514.8 | 491.1 | 488.5 | 460 | 418.6 | 377.5 | 331.7 | 396.1 | Upgrade
|
| Depreciation & Amortization | 116.3 | 114.5 | 113.4 | 110.5 | 108.6 | 106.3 | 104.3 | 102.3 | 98.8 | 92.6 | 84.4 | 75.8 | 69.6 | 68.5 | 68.8 | 67.8 | 66.1 | 63.5 | 61.6 | 60.6 | Upgrade
|
| Other Amortization | 283.1 | 275.8 | 266.3 | 255.4 | 244.1 | 233.3 | 223.3 | 212.8 | 201.2 | 188.7 | 175.9 | 164.5 | 154.7 | 145.8 | 137.4 | 129.2 | 121.4 | 114.1 | 107.9 | 103.1 | Upgrade
|
| Loss (Gain) From Sale of Investments | -46.7 | -39.6 | -27.7 | -15.3 | -4.3 | 2.4 | 4.4 | 5.7 | 6.8 | 7.4 | 6.9 | 5.9 | 4.6 | 3.1 | 1.3 | -1.1 | -3.4 | -5.5 | -6 | -5.3 | Upgrade
|
| Loss (Gain) on Equity Investments | 33.3 | 26.6 | 42.1 | 77.8 | 78.9 | 81.7 | 68.1 | 27.7 | 24.2 | 16.1 | 7.6 | 2.8 | - | - | - | - | - | - | - | - | Upgrade
|
| Stock-Based Compensation | 253.9 | 255 | 249 | 240.3 | 230.7 | 220.4 | 217.3 | 215.7 | 213.7 | 211.6 | 207.9 | 203.5 | 200.1 | 196.4 | 191.7 | 186.7 | 179.8 | 175.9 | 174.1 | 173 | Upgrade
|
| Other Operating Activities | 16.7 | 18 | 18.5 | 16.1 | 9.1 | 18.4 | 22.9 | 23.8 | 30.1 | 15.7 | 7.8 | 4.7 | 0.8 | 2.1 | 6 | 6.5 | 10.7 | 9.7 | 5.7 | 5.8 | Upgrade
|
| Change in Accounts Receivable | -6.5 | 88.1 | -146.4 | -50.6 | -158.4 | -301 | -456.7 | -365.8 | -327.4 | -139.6 | -72.5 | -42.7 | -85.3 | -163.5 | -176.4 | -160.3 | -93.7 | -90.7 | -96.7 | -59.5 | Upgrade
|
| Change in Inventory | -38.1 | -171.7 | -253.5 | -280.4 | -208.1 | -140.9 | -109.1 | -59.6 | -30.5 | -18.2 | -19.4 | -30.7 | -44.4 | -63.6 | -42.2 | -54.3 | -60.9 | -39.2 | -48.5 | -39.6 | Upgrade
|
| Change in Accounts Payable | -106.7 | -100.6 | -43.1 | 37 | 48.9 | 65.6 | 105.2 | 77.3 | 49.1 | 34.8 | -13.1 | 29.8 | 18.2 | 34 | 37.4 | 9.7 | 32 | 16.7 | 7.7 | 13.3 | Upgrade
|
| Change in Unearned Revenue | 767.7 | 909.4 | 1,095 | 1,081 | 1,186 | 1,213 | 1,178 | 1,085 | 1,020 | 904.6 | 839.4 | 710.1 | 611.7 | 545.8 | 495.6 | 466.8 | 444.2 | 451 | 439.9 | 397.9 | Upgrade
|
| Change in Income Taxes | - | - | - | 202.7 | 1.9 | - | - | -5.9 | -1.9 | - | - | - | - | - | - | - | - | - | - | 2 | Upgrade
|
| Change in Other Net Operating Assets | -400.2 | -191.8 | -224.3 | -277.1 | -141.4 | -233.6 | -257.5 | -318.2 | -268.4 | -205.4 | -238 | -142 | -143.5 | -146.5 | -113.9 | -145.7 | -174.2 | -181.6 | -188.8 | -152.4 | Upgrade
|
| Operating Cash Flow | 1,915 | 2,088 | 1,936 | 2,272 | 2,204 | 2,012 | 1,731 | 1,569 | 1,485 | 1,580 | 1,500 | 1,429 | 1,251 | 1,080 | 1,084 | 977.6 | 978 | 926.1 | 808 | 797.8 | Upgrade
|
| Operating Cash Flow Growth | -13.09% | 3.80% | 11.84% | 44.77% | 48.39% | 27.35% | 15.40% | 9.79% | 18.68% | 46.26% | 38.39% | 46.22% | 27.96% | 16.64% | 34.12% | 22.54% | 29.83% | 32.21% | 26.47% | 29.47% | Upgrade
|
| Capital Expenditures | -342 | -395.7 | -204.1 | -208.1 | -225.8 | -188.9 | -281.2 | -401.6 | -382.8 | -366.4 | -295.9 | -176.9 | -143 | -150.4 | -125.9 | -140.8 | -123.2 | -109.6 | -92.2 | -56.6 | Upgrade
|
| Cash Acquisitions | -5.7 | -5.7 | - | -30.8 | -30.8 | -30.8 | -30.8 | -1.5 | -64.6 | -64.6 | -74.9 | -104.4 | -47.4 | -47.4 | -40.2 | -43.8 | -37.7 | -37.7 | -34.6 | -15.7 | Upgrade
|
| Investment in Securities | -155.7 | -476 | -445.5 | -121.5 | 305.2 | 986.5 | 1,076 | 683.3 | 122.3 | -466.4 | -954.7 | -844.2 | -852.6 | -354.8 | 92 | 77.2 | 251.4 | -311 | -375.5 | -457.9 | Upgrade
|
| Other Investing Activities | 0.2 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | - | 0.4 | 0.4 | 0.4 | 0.4 | 1.3 | 1.7 | 1.7 | 1.3 | - | -0.4 | -0.4 | - | - | Upgrade
|
| Investing Cash Flow | -503.2 | -877.2 | -649.3 | -360.3 | 48.7 | 766.9 | 763.9 | 280.6 | -324.7 | -897 | -1,325 | -1,124 | -1,041 | -550.9 | -72.8 | -107.4 | 90.1 | -458.7 | -502.3 | -530.2 | Upgrade
|
| Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | 989.4 | - | - | - | - | - | - | - | - | - | Upgrade
|
| Total Debt Issued | - | - | - | - | - | - | - | - | - | - | 989.4 | 989.4 | 989.4 | 989.4 | - | - | - | - | - | - | Upgrade
|
| Long-Term Debt Repaid | - | - | - | - | - | - | - | - | - | - | -19.5 | - | - | - | -4.1 | - | - | - | -3.7 | - | Upgrade
|
| Total Debt Repaid | - | - | - | - | - | - | - | -17.3 | -19.5 | -19.5 | -19.5 | -2.2 | -4.1 | -4.1 | -4.1 | -7.8 | -3.7 | -3.7 | -3.7 | -0.6 | Upgrade
|
| Net Debt Issued (Repaid) | - | - | - | - | - | - | - | -17.3 | -19.5 | -19.5 | 969.9 | 987.2 | 985.3 | 985.3 | -4.1 | -7.8 | -3.7 | -3.7 | -3.7 | -0.6 | Upgrade
|
| Issuance of Common Stock | 34.1 | 36 | 43.8 | 40.4 | 39.5 | 36.3 | 26.1 | 27 | 26.1 | 27.1 | 26 | 24.6 | 22.2 | 24.6 | 22.1 | 25.9 | 25.6 | 22.3 | 49.5 | 46.7 | Upgrade
|
| Repurchase of Common Stock | -1,616 | -1,621 | -1,613 | -723.4 | -620.2 | -1,430 | -2,152 | -2,744 | -2,333 | -1,624 | -909.7 | -344.7 | -251 | -302 | -1,188 | -1,180 | -1,195 | -1,076 | -241.1 | -307.5 | Upgrade
|
| Other Financing Activities | -1 | -1.6 | -1.2 | -4.7 | -4.7 | -4.2 | -4.8 | -2.1 | -2 | -2.5 | -3.4 | -2.7 | -3.7 | -3.1 | -1.3 | -1.5 | -0.4 | -0.4 | -0.3 | - | Upgrade
|
| Financing Cash Flow | -1,583 | -1,587 | -1,570 | -687.7 | -585.4 | -1,398 | -2,130 | -2,737 | -2,329 | -1,619 | 82.8 | 664.4 | 752.8 | 704.8 | -1,172 | -1,163 | -1,174 | -1,058 | -195.6 | -261.4 | Upgrade
|
| Foreign Exchange Rate Adjustments | -1.9 | -2.1 | -0.8 | -1.1 | -0.7 | -0.2 | -0.4 | -1.5 | -1.1 | -0.4 | -0.1 | 0.2 | - | - | - | - | - | - | - | - | Upgrade
|
| Net Cash Flow | -173.1 | -377.9 | -285 | 1,223 | 1,666 | 1,381 | 363.8 | -888.1 | -1,169 | -936.7 | 257.3 | 969.8 | 962.9 | 1,234 | -160.7 | -293.2 | -105.7 | -590.8 | 110.1 | 6.2 | Upgrade
|
| Free Cash Flow | 1,573 | 1,693 | 1,731 | 2,064 | 1,978 | 1,823 | 1,449 | 1,168 | 1,102 | 1,214 | 1,204 | 1,253 | 1,108 | 929.8 | 957.8 | 836.8 | 854.8 | 816.5 | 715.8 | 741.2 | Upgrade
|
| Free Cash Flow Growth | -20.46% | -7.15% | 19.46% | 76.74% | 79.43% | 50.23% | 20.40% | -6.77% | -0.55% | 30.51% | 25.68% | 49.68% | 29.67% | 13.88% | 33.81% | 12.90% | 22.82% | 25.83% | 22.17% | 32.10% | Upgrade
|
| Free Cash Flow Margin | 28.41% | 31.37% | 32.64% | 39.90% | 39.66% | 38.58% | 32.81% | 28.49% | 28.89% | 33.83% | 36.02% | 40.06% | 38.08% | 34.10% | 36.92% | 33.95% | 36.20% | 36.00% | 33.09% | 36.12% | Upgrade
|
| Free Cash Flow Per Share | 2.03 | 2.16 | 2.20 | 2.60 | 2.49 | 2.28 | 1.80 | 1.43 | 1.33 | 1.46 | 1.44 | 1.50 | 1.33 | 1.12 | 1.14 | 0.98 | 0.99 | 0.93 | 0.82 | 0.85 | Upgrade
|
| Cash Income Tax Paid | 650.9 | 436.7 | 426.3 | 147.5 | 189.7 | 262.1 | 260.2 | 255.1 | 208.2 | 122.6 | 127.4 | 82 | 69.7 | 63.3 | 39.7 | 86.3 | 77 | 58.7 | 58.7 | 41.4 | Upgrade
|
| Levered Free Cash Flow | 1,411 | 1,523 | 1,439 | 1,681 | 1,579 | 1,380 | 1,061 | 849.66 | 830.96 | 969.69 | 905.51 | 1,050 | 896.78 | 714.81 | 751.75 | 621.64 | 670.89 | 645.39 | 522.58 | 610.45 | Upgrade
|
| Unlevered Free Cash Flow | 1,424 | 1,536 | 1,452 | 1,694 | 1,591 | 1,392 | 1,072 | 860.91 | 842.28 | 981 | 914.83 | 1,057 | 900.4 | 715.63 | 751.75 | 621.64 | 670.89 | 645.39 | 522.58 | 610.45 | Upgrade
|
| Change in Net Working Capital | -209.3 | -481.6 | -251.9 | -537.3 | -499.1 | -338.4 | -202.9 | -214.9 | -256.3 | -429 | -335.6 | -412.4 | -266.2 | -120.6 | -170.4 | -98.4 | -162.9 | -163.3 | -51.8 | -134.1 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.