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Fortinet, Inc. logo
FTNT
Fortinet, Inc.
144.73 $
+0.5900 (%+0.41)
Previous Close: 144.14
Day Low139.79
Day High147.2
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FTNT: Fortinet, Inc. Financials

FTNT Income Statement

Total revenue
Net income
Gross margin TTM
80.84%
Operating margin TTM
30.62%
Net profit margin TTM
27.26%
Return on investment TTM
Period end31/12/202531/12/202431/12/202331/12/2022
Total revenue6,799,600,0005,955,800,0005,304,800,0004,417,400,000
Operating income2,082,000,0001,803,400,0001,241,100,000969,600,000
Net income1,853,400,0001,745,200,0001,147,800,000857,300,000

All line items

Line item31/12/202531/12/202431/12/202331/12/2022
Total revenue6,799,600,0005,955,800,0005,304,800,0004,417,400,000
Cost of revenue1,302,600,0001,157,600,0001,237,200,0001,084,900,000
Gross profit5,497,000,0004,798,200,0004,067,600,0003,332,500,000
Research and development expenses815,500,000716,800,000613,800,000512,400,000
General and administrative expenses233,400,000237,800,000211,300,000169,000,000
Selling and marketing expenses2,347,500,0002,044,800,0002,006,000,0001,686,100,000
Selling, general and administrative expenses2,580,900,0002,282,600,0002,217,300,0001,855,100,000
Other expenses20,000,000-4,600,000-4,600,000-4,600,000
Operating expenses3,416,400,0002,994,800,0002,826,500,0002,362,900,000
Cost and expenses4,719,000,0004,152,400,0004,063,700,0003,447,800,000
Net interest income142,200,000135,200,00098,700,000-600,000
Interest income162,299,999155,200,000119,700,00017,400,000
Interest expense20,100,00020,000,00021,000,00018,000,000
Depreciation and amortization152,000,000122,800,000113,400,000104,300,000
EBITDA2,464,599,9992,201,300,0001,468,100,0001,077,800,000
EBIT2,312,599,9992,078,500,0001,354,700,000973,500,000
Non-operating income (excl. interest)-230,599,999-275,100,000-113,600,000-3,900,000
Operating income2,082,000,0001,803,400,0001,241,100,000969,600,000
Total other income/expenses (net)210,499,999225,700,00050,500,000-82,200,000
Income before tax2,292,499,9992,029,100,0001,291,600,000887,400,000
Income tax expense439,100,000283,900,000143,800,00030,800,000
Net income from continuing operations1,853,399,9991,745,200,0001,147,800,000856,600,000
Net income from discontinued operations0000
Other adjustments to net income0000
Net income1,853,400,0001,745,200,0001,147,800,000857,300,000
Net income deductions000700,000
Bottom line net income1,853,400,0001,745,200,0001,147,800,000856,600,000
EPS2211
Diluted EPS2211
Weighted average shares outstanding743,100,000764,400,000778,600,000791,400,000
Weighted average diluted shares outstanding748,000,000771,900,000788,200,000805,300,000