Fortinet, Inc. (FTNT)
NASDAQ: FTNT · IEX Real-Time Price · USD
68.31
+1.04 (1.55%)
At close: Mar 28, 2024, 4:00 PM
68.30
-0.01 (-0.01%)
After-hours: Mar 28, 2024, 6:53 PM EDT

Fortinet Income Statement

Millions USD. Fiscal year is Jan - Dec.
Year 2023202220212020201920182017201620152014 2013 - 2006
Revenue
5,3054,4173,3422,5942,1631,8051,4951,2751,009770.36
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Revenue Growth (YoY)
20.09%32.17%28.82%19.94%19.86%20.72%17.21%26.37%31.01%25.20%
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Cost of Revenue
1,2371,085783570505.9450.4385.3337.8286.78231.01
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Gross Profit
4,0683,3332,5592,0241,6571,3541,110937.6722.49539.36
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Selling, General & Admin
2,2171,8551,4891,1911,029875.3788.9707.6541.89357.15
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Research & Development
613.8512.4424.2341.4277.1244.5210.6183.1158.13122.88
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Other Operating Expenses
-4.6-4.6-4.6-40.2000.347.60
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Operating Expenses
2,8272,3631,9091,4931,3061,120999.8894.7707.61480.03
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Operating Income
1,241969.6650.4531.8351234.4109.842.914.8859.32
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Interest Expense / Income
211814.90000000
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Other Expense / Income
-71.563.514.6-9.9-35-19.9-14.2-0.2-2.13-2.23
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Pretax Income
1,292888.1620.9541.7386254.312443.117.0161.55
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Income Tax
143.830.814.153.254.3-80.692.610.99.0236.21
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Net Income
1,148857.3606.8488.5331.7334.931.432.27.9925.34
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Net Income Growth
33.89%41.28%24.22%47.27%-0.96%966.56%-2.48%303.16%-68.48%-42.76%
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Shares Outstanding (Basic)
779791816821855846872863852819
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Shares Outstanding (Diluted)
788805835838875871891882881846
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Shares Change
-2.12%-3.59%-0.36%-4.19%0.46%-2.19%1.02%0.09%4.05%0.66%
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EPS (Basic)
1.471.080.740.600.390.400.040.040.010.03
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EPS (Diluted)
1.461.060.730.580.380.380.040.040.010.03
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EPS Growth
37.74%45.21%25.86%52.63%-1.04%966.67%0%260.00%-66.67%-42.31%
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Free Cash Flow
1,7311,4491,204957.8715.8585.9459.1278.5245.19164.39
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Free Cash Flow Per Share
2.221.831.481.170.840.690.530.320.290.20
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Gross Margin
76.68%75.44%76.57%78.03%76.61%75.04%74.23%73.51%71.59%70.01%
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Operating Margin
23.40%21.95%19.46%20.50%16.23%12.99%7.34%3.36%1.47%7.70%
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Profit Margin
21.64%19.41%18.16%18.83%15.34%18.56%2.10%2.52%0.79%3.29%
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Free Cash Flow Margin
32.64%32.81%36.02%36.92%33.09%32.47%30.71%21.84%24.29%21.34%
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Effective Tax Rate
11.13%3.47%2.27%9.82%14.07%-31.69%74.68%25.29%53.03%58.82%
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EBITDA
1,4261,010720.2610.5447.6310179.591.648.5983.58
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EBITDA Margin
26.88%22.87%21.55%23.53%20.69%17.18%12.01%7.18%4.81%10.85%
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Depreciation & Amortization
113.4104.384.468.861.655.755.548.531.5922.03
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EBIT
1,313906.1635.8541.7386254.312443.117.0161.55
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EBIT Margin
24.74%20.51%19.02%20.88%17.85%14.09%8.29%3.38%1.68%7.99%
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Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).