Fortinet, Inc.

NASDAQ:FTNT

97.19 (USD) • At close December 20, 2024
Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

2024 Q32024 Q22024 Q12023 Q42023 Q32023 Q22023 Q12022 Q42022 Q32022 Q22022 Q12021 Q42021 Q32021 Q22021 Q12020 Q42020 Q32020 Q22020 Q12019 Q42019 Q32019 Q22019 Q12018 Q42018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q12014 Q42014 Q32014 Q22014 Q12013 Q42013 Q32013 Q22013 Q12012 Q42012 Q32012 Q22012 Q12011 Q42011 Q32011 Q22011 Q12010 Q42010 Q32010 Q22010 Q12009 Q42009 Q32009 Q22009 Q12008 Q42008 Q3
Revenue 1,508.11,434.31,353.31,415.11,334.61,292.81,262.31,2831,149.51,030.1954.8963.6867.2801.1710.3748651.1615.5576.9614.4547.5521.7472.6507453.9441.3399416.668374.217363.469340.576362.83316.646311.391284.576296.529260.068239.785212.886223.969193.348184.098168.949177.35154.699147.428135.82151.162136.268128.962117.247120.861116.426103.02393.26693.59984.97176.33169.79570.71265.86461.34554.19459.06654.414
Cost of Revenue 263.4275304.7315.9317.7295.8307.8297.3283250.8253.8228.3211.2186.9156.6167139.2135.1128.7140.5124.1128.3113128.5111.6113.197.2105.41993.64995.65290.56490.89184.79984.50377.74981.97671.70169.49863.60265.62456.88557.75750.74353.87743.9343.70839.12841.44237.80837.12731.04332.48531.13926.55823.41624.22321.44320.16519.37520.90917.43316.97914.65417.85415.84
Gross Profit 1,244.71,159.31,048.61,099.21,016.9997954.5985.7866.5779.3701735.3656614.2553.7581511.9480.4448.2473.9423.4393.4359.6378.5342.3328.2301.8311.249280.568267.817250.012271.939231.847226.888206.827214.553188.367170.287149.284158.345136.463126.341118.206123.473110.769103.7296.692109.7298.4691.83586.20488.37685.28776.46569.8569.37663.52856.16650.4249.80348.43144.36639.5441.21238.574
Gross Profit Ratio 0.8250.8080.7750.7770.7620.7710.7560.7680.7540.7570.7340.7630.7560.7670.780.7770.7860.7810.7770.7710.7730.7540.7610.7470.7540.7440.7560.7470.750.7370.7340.7490.7320.7290.7270.7240.7240.710.7010.7070.7060.6860.70.6960.7160.7040.7120.7260.7230.7120.7350.7310.7330.7420.7490.7410.7480.7360.7220.7040.7350.7230.730.6980.709
Reseach & Development Expenses 187.3165.4173152.5156.9153.3151.1128.9134.3124.3124.9112.6107.8106.697.2899082.180.371.269.967.468.665.558.761.259.154.77453.48651.15951.19545.58947.23945.50244.96642.81442.1137.38935.81633.09730.7929.93829.05527.74726.42125.15823.33420.52520.49820.38819.66716.3816.83415.94214.42112.80212.38912.67611.93410.98810.79710.5349.8768.8499.957
General & Administrative Expenses 71.756.654.454.953.549.952.844.340.745.438.641.335.834.43232.429.428.928.827.226.124.324.52222.523.52522.34921.02521.91122.57717.45122.00622.18419.80220.31521.2218.01811.96112.1049.78910.4449.018.7529.3828.7887.9916.0387.4496.2385.7865.4925.3595.8485.2665.3955.9935.9335.0594.6424.494.5164.6724.2733.963
Selling & Marketing Expenses 515.9501.3501.1507.4504.4515.9478.3455.9427.1415.5387.6367.7347.1326.9304291.4266.7253.8260257.1227.4226.5215.9205.9198.3192.8185.3191.928172.361166.337170.4162.873154.831162.694147.403136.84120.994111.928100.60993.22880.43374.81767.32662.33156.68755.99749.97648.11744.74344.25942.03639.98436.93435.89632.71830.48126.98727.77726.72326.71923.46824.34121.76321.81721.434
SG&A 587.6557.9555.5562.5557.9565.8531.1500.2467.8460.9426.2409382.9361.3336323.8296.1282.7288.8284.3253.5250.8240.4227.9220.8216.3210.3214.277193.386188.248192.977180.324176.837184.878167.205157.155142.214129.946112.57105.33290.22285.26176.33671.08366.06964.78557.96754.15552.19250.49747.82245.47642.29341.74437.98435.87632.9833.7131.78231.36127.95828.85726.43526.0925.397
Other Expenses 0-2.2-2.9-5.3-5.9-6.23.270.2-8.1-8-2.9-5.22-0.91.50.1228.8-0.6-6-0.4-0.5-2.30.9-5-0.2-1.1810.3441.2430.302-3.65-0.787-1.35-1.312-1.007-0.653-0.83-0.677-1.2-1.005-0.574-0.389-0.419-1.151-0.10.215-0.17-0.3170.073-0.07100000000000000
Operating Expenses 773.8723.3728.5715714.8718682.2629.1602.1585.2551.1521.6490.7467.9433.2412.8386.1364.8369.1355.5323.4318.2309293.4279.5277.5269.4269.051246.872239.407244.172225.913224.076230.38212.171199.969184.324167.335148.386138.429121.012115.199105.39198.8392.4989.94381.30174.6872.6970.88567.48961.85659.12757.68652.40548.67845.36946.38643.71642.34938.75539.39136.31134.93935.354
Operating Income 470.9436320.1385.4303.2279273.5357.8265.5195.3151214.9166.4147.5121.6169.4126.9116.7115.9118.410075.250.685.162.850.732.442.19833.69628.55.4145.1935.488-4.045-5.67212.867-1.842.9520.89819.91615.45111.14212.81524.64318.27913.77715.39135.0425.7720.9518.71526.5226.1618.77917.44520.69818.1599.786.7047.4549.6764.9753.2296.2733.22
Operating Income Ratio 0.3120.3040.2370.2720.2270.2160.2170.2790.2310.190.1580.2230.1920.1840.1710.2260.1950.190.2010.1930.1830.1440.1070.1680.1380.1150.0810.1010.090.0780.0160.1250.017-0.013-0.020.043-0.0070.0120.0040.0890.080.0610.0760.1390.1180.0930.1130.2320.1890.1620.160.2190.2250.1820.1870.2210.2140.1280.0960.1050.1470.0810.060.1060.059
Total Other Income Expenses Net 155.532.325.330.224.620.217.610.4-0.8-11.4-12.3-7.6-9.7-2.5-2.22.31.52.80.49.35.410.69.777.80.84.32.884.214.4062.7-1.6861.1010.3550.4340.1690.680.5340.7450.2020.3340.7450.9440.8990.1311.2371.5841.231.0011.2761.0140.8510.9640.6560.6980.3840.1120.4860.0180.3540.3640.2531.2082.2811.47
Income Before Tax 626.4468.3345.4415.6327.8299.2291.1368.2264.7183.9138.7207.3156.7145119.4171.7128.4121.6117.1127.7105.485.860.392.170.651.536.745.07837.90632.9068.10443.5076.589-3.69-5.23813.036-1.163.4861.64320.11815.78511.88713.75925.54218.4115.01416.97536.2726.77122.22619.72927.37127.12419.43518.14321.08218.27110.2666.7227.80810.045.2284.4378.5544.69
Income Before Tax Ratio 0.4150.3270.2550.2940.2460.2310.2310.2870.230.1790.1450.2150.1810.1810.1680.230.1970.1980.2030.2080.1930.1640.1280.1820.1560.1170.0920.1080.1010.0910.0240.120.021-0.012-0.0180.044-0.0040.0150.0080.090.0820.0650.0810.1440.1190.1020.1250.240.1960.1720.1680.2260.2330.1890.1950.2250.2150.1340.0960.110.1520.0850.0820.1450.086
Income Tax Expense 81.276.539.595.2-0.327.621.39.227.32.4-8.13.7-9.37.512.22559.513.112.525.613.11.5-90.511.92.2-4.974.03911.2969.873-2.61318.3410.298-2.302-1.80915.57-9.3292.6940.08313.30511.7295.8065.36613.5267.3816.0354.72614.7639.5658.2765.55610.8779.2074.9414.5564.9414.2543.3972.504-36.1322.1510.6520.6630.6110.183
Net Income 539.9379.8299.3310.9322.9266.3247.7313.8231.6173.5138.4199163.1137.5107.2146.7123.4113.8104.6115.280.272.758.8182.658.749.341.6-28.96126.72310.725.1666.291-1.388-3.429-2.5348.1690.7921.566.8134.0566.0818.39312.01611.0298.97912.24921.50717.20613.9514.17316.49417.91714.49413.58716.14114.0176.8694.21843.947.8894.5763.7747.9434.507
Net Income Ratio 0.3580.2650.2210.220.2420.2060.1960.2450.2010.1680.1450.2070.1880.1720.1510.1960.190.1850.1810.1880.1460.1390.1240.360.1290.1120.104-0.070.0710.0630.0310.0690.02-0.004-0.012-0.0090.0310.0030.0070.030.0210.0330.050.0680.0710.0610.090.1420.1260.1080.1210.1360.1540.1410.1460.1720.1650.090.060.6210.120.0750.070.1340.083
EPS 0.710.50.390.410.410.340.320.40.290.220.170.240.20.170.130.180.150.140.120.130.0940.0840.070.210.070.0580.05-0.0340.030.0260.0120.0290.008-0.002-0.004-0.0030.010.0010.0020.0080.0040.0080.010.0140.0140.0120.0160.0260.0220.0180.0180.0210.0240.020.0180.0210.020.010.0060.0650.0110.022-0.0070.0380.022
EPS Diluted 0.70.490.390.40.410.330.310.40.290.210.170.240.190.160.130.180.150.140.120.130.0920.0840.0680.210.0660.0560.048-0.0340.030.0260.0120.0280.008-0.002-0.004-0.0030.010.0010.0020.0080.0040.0080.010.0140.0140.010.0140.0260.020.0160.0180.020.0220.0180.0170.020.0180.0090.0060.0590.010.007-0.0070.0380.022
EBITDA 661.2465.2348.7414.4361.5331.8323.6400295.6213.5168.7237.1184.2168.3136.8184.9142.5133.496.7134.111590.466.399.87764.345.656.46647.442.419.359.3520.9267.7997.18623.96714.5679.9817.25125.42521.05617.63417.23728.75522.46813.77715.39138.52825.7720.9518.71528.39526.1618.77917.44522.16118.1599.786.7049.06711.1516.4694.5827.2014.435
EBITDA Ratio 0.4380.3240.2580.2720.2710.2570.2560.3120.2570.2070.1770.2460.2120.210.1940.2470.1930.2170.1680.1930.210.1730.1070.1970.170.1460.1140.1360.1270.1160.0580.1670.0730.0270.0190.0870.0720.0420.0340.1140.1090.0960.1020.1620.1450.1220.1360.2550.2130.1850.1780.2360.2390.20.2060.2390.2350.1460.1190.1280.170.110.0750.1220.065