Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
80.34
-0.28 (-0.35%)
At close: Oct 25, 2024, 4:00 PM
80.33
-0.01 (-0.01%)
After-hours: Oct 25, 2024, 6:23 PM EDT
Fortinet Operating Metrics
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Billings | 6.30B | 6.30B | 6.39B | 6.25B | 6.17B | 6.01B | 5.79B | 5.38B | |||||||||||||||||||||||
Billings Growth | 2.06% | 4.81% | 10.45% | 16.23% | 22.72% | 30.39% | 38.44% | 40.38% |
Revenue by Segment
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Services Revenue | 3.72B | 3.56B | 3.38B | 3.19B | 3.01B | 2.81B | 2.64B | 2.48B | |||||||||||||||||||||||
Services Revenue Growth | 23.86% | 26.49% | 28.09% | 28.83% | 29.10% | 27.86% | 26.34% | 26.33% | |||||||||||||||||||||||
Product Revenue | 1.81B | 1.84B | 1.93B | 1.98B | 1.98B | 1.91B | 1.78B | 1.62B | |||||||||||||||||||||||
Product Revenue Growth | -8.44% | -3.91% | 8.24% | 22.23% | 33.23% | 37.89% | 41.87% | 39.06% |
Gross Profit by Type
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Services Gross Profit | 3.24B | 3.08B | 2.90B | 2.73B | 2.56B | 2.40B | 2.24B | 2.11B | |||||||||||||||||||||||
Services Gross Profit Growth | 26.43% | 28.31% | 29.45% | 29.39% | 29.48% | 27.74% | 25.19% | 24.97% | |||||||||||||||||||||||
Product Gross Profit | 1.08B | 1.08B | 1.16B | 1.22B | 1.24B | 1.19B | 1.09B | 971.40M | |||||||||||||||||||||||
Product Gross Profit Growth | -12.71% | -8.73% | 6.84% | 25.90% | 39.09% | 43.29% | 41.95% | 35.69% |
Operating Expense Breakdown
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
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Sales and Marketing | 2.01B | 2.03B | 2.01B | 1.95B | 1.88B | 1.78B | 1.69B | 1.60B | |||||||||||||||||||||||
Sales and Marketing Growth | 7.30% | 14.18% | 18.97% | 22.32% | 23.67% | 24.31% | 25.30% | 25.88% | |||||||||||||||||||||||
Research and Development | 647.80M | 635.70M | 613.80M | 590.20M | 567.60M | 538.60M | 512.40M | 496.10M | |||||||||||||||||||||||
Research and Development Growth | 14.13% | 18.03% | 19.79% | 18.97% | 20.87% | 19.19% | 20.79% | 23.84% | |||||||||||||||||||||||
General and Administrative | 219.60M | 212.90M | 211.30M | 200.50M | 187.70M | 183.20M | 169.00M | 166.00M | |||||||||||||||||||||||
General and Administrative Growth | 17.00% | 16.21% | 25.03% | 20.78% | 16.51% | 22.05% | 17.77% | 23.33% | |||||||||||||||||||||||
Gain on IP | -4.60M | -4.50M | -4.60M | -4.60M | -4.60M | -4.70M | -4.60M | -4.60M |
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.