Fortinet Quarterly Income Statements Chart
Quarterly
|
Annual
Fortinet Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| product | 508,900,000 | 459,100,000 | 574,000,000 | 473,900,000 | 451,900,000 | 408,900,000 | 488,100,000 | 465,900,000 | 472,600,000 | 500,700,000 | 540,100,000 | 468,700,000 | 400,700,000 | 371,000,000 | 378,900,000 | 337,100,000 | 298,300,000 | 240,700,000 | 288,400,000 | 223,800,000 | 211,900,000 | 192,300,000 | 238,800,000 | 197,100,000 | 189,900,000 | 162,700,000 | 200,800,000 | 164,500,000 | 166,300,000 | 142,800,000 | 162,118,000 | 137,095,000 | 142,705,000 | 135,253,000 | 158,925,000 | 127,972,000 | 136,641,000 | 124,572,000 | 144,759,000 | 119,737,000 | 114,777,000 | 97,509,000 | 110,678,000 | 87,731,000 | 85,384,000 | 76,765,000 | 83,884,000 | 69,687,000 | 66,525,000 | 57,950,000 | 71,025,000 | 63,027,000 | 61,692,000 | 53,204,000 | 57,463,000 | 53,093,000 | 46,687,000 | 40,165,000 | 31,037,000 | 27,110,000 | |
| service | 1,121,100,000 | 1,080,600,000 | 1,086,100,000 | 1,034,200,000 | 982,400,000 | 944,400,000 | 927,000,000 | 868,700,000 | 820,200,000 | 761,600,000 | 742,900,000 | 680,800,000 | 629,400,000 | 583,800,000 | 584,700,000 | 530,100,000 | 502,800,000 | 469,600,000 | 459,600,000 | 427,300,000 | 403,600,000 | 384,600,000 | 375,600,000 | 350,400,000 | 331,800,000 | 309,900,000 | 306,200,000 | 289,400,000 | 275,000,000 | 256,200,000 | 254,550,000 | 237,122,000 | 220,764,000 | 205,323,000 | 203,905,000 | 188,674,000 | 174,750,000 | 160,004,000 | 151,770,000 | 140,331,000 | 125,008,000 | 115,377,000 | |||||||||||||||||||
| total revenue | 1,630,000,000 | 1,539,700,000 | 1,660,100,000 | 1,508,100,000 | 1,434,300,000 | 1,353,300,000 | 1,415,100,000 | 1,334,600,000 | 1,292,800,000 | 1,262,300,000 | 1,283,000,000 | 1,149,500,000 | 1,030,100,000 | 954,800,000 | 963,600,000 | 867,200,000 | 801,100,000 | 710,300,000 | 748,000,000 | 651,100,000 | 615,500,000 | 576,900,000 | 614,400,000 | 547,500,000 | 521,700,000 | 472,600,000 | 507,000,000 | 453,900,000 | 441,300,000 | 399,000,000 | 416,668,000 | 374,217,000 | 363,469,000 | 340,576,000 | 362,830,000 | 316,646,000 | 311,391,000 | 284,576,000 | 296,529,000 | 260,068,000 | 239,785,000 | 212,886,000 | 223,969,000 | 193,348,000 | 184,098,000 | 168,949,000 | 177,350,000 | 154,699,000 | 147,428,000 | 135,820,000 | 151,162,000 | 136,268,000 | 128,962,000 | 117,247,000 | 120,861,000 | 116,426,000 | 103,023,000 | 93,266,000 | 76,331,000 | 69,795,000 | |
| yoy | 13.64% | 13.77% | 17.31% | 13.00% | 10.95% | 7.21% | 10.30% | 16.10% | 25.50% | 32.21% | 33.15% | 32.55% | 28.59% | 34.42% | 28.82% | 33.19% | 30.15% | 23.12% | 21.74% | 18.92% | 17.98% | 22.07% | 21.18% | 20.62% | 18.22% | 18.45% | 21.68% | 21.29% | 21.41% | 17.15% | 14.84% | 18.18% | 16.72% | 19.68% | 22.36% | 21.76% | 29.86% | 33.68% | 32.40% | 34.51% | 30.25% | 26.01% | 26.29% | 24.98% | 24.87% | 24.39% | 17.32% | 13.53% | 14.32% | 15.84% | 25.07% | 17.04% | 25.18% | 25.71% | 58.34% | 66.81% | |||||
| qoq | 5.86% | -7.25% | 10.08% | 5.15% | 5.99% | -4.37% | 6.03% | 3.23% | 2.42% | -1.61% | 11.61% | 11.59% | 7.89% | -0.91% | 11.12% | 8.25% | 12.78% | -5.04% | 14.88% | 5.78% | 6.69% | -6.10% | 12.22% | 4.95% | 10.39% | -6.79% | 11.70% | 2.86% | 10.60% | -4.24% | 11.34% | 2.96% | 6.72% | -6.13% | 14.59% | 1.69% | 9.42% | -4.03% | 14.02% | 8.46% | 12.64% | -4.95% | 15.84% | 5.02% | 8.97% | -4.74% | 14.64% | 4.93% | 8.55% | -10.15% | 10.93% | 5.67% | 9.99% | -2.99% | 3.81% | 13.01% | 10.46% | 22.19% | 9.36% | ||
| cost of revenue: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total cost of revenue | 314,900,000 | 293,100,000 | 314,500,000 | 263,400,000 | 275,000,000 | 304,700,000 | 315,900,000 | 317,700,000 | 295,800,000 | 307,800,000 | 297,300,000 | 283,000,000 | 250,800,000 | 253,800,000 | 228,300,000 | 211,200,000 | 186,900,000 | 156,600,000 | 167,000,000 | 139,200,000 | 135,100,000 | 128,700,000 | 140,500,000 | 124,100,000 | 128,300,000 | 113,000,000 | 128,500,000 | 111,600,000 | 113,100,000 | 97,200,000 | 105,419,000 | 93,649,000 | 95,652,000 | 90,564,000 | 90,891,000 | 84,799,000 | 84,503,000 | 77,749,000 | 81,976,000 | 71,701,000 | 69,498,000 | 63,602,000 | 65,624,000 | 56,885,000 | 57,757,000 | 50,743,000 | 53,877,000 | 43,930,000 | 43,708,000 | 39,128,000 | 41,442,000 | 37,808,000 | 37,127,000 | 31,043,000 | 32,485,000 | 31,139,000 | 26,558,000 | 23,416,000 | 20,165,000 | 19,375,000 | |
| gross profit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total gross profit | 1,315,100,000 | 1,246,600,000 | 1,345,600,000 | 1,244,700,000 | 1,159,300,000 | 1,048,600,000 | 1,099,200,000 | 1,016,900,000 | 997,000,000 | 954,500,000 | 985,700,000 | 866,500,000 | 779,300,000 | 701,000,000 | 735,300,000 | 656,000,000 | 614,200,000 | 553,700,000 | 581,000,000 | 511,900,000 | 480,400,000 | 448,200,000 | 473,900,000 | 423,400,000 | 393,400,000 | 359,600,000 | 378,500,000 | 342,300,000 | 328,200,000 | 301,800,000 | 311,249,000 | 280,568,000 | 267,817,000 | 250,012,000 | 271,939,000 | 231,847,000 | 226,888,000 | 206,827,000 | 214,553,000 | 188,367,000 | 170,287,000 | 149,284,000 | 158,345,000 | 136,463,000 | 126,341,000 | 118,206,000 | 123,473,000 | 110,769,000 | 103,720,000 | 96,692,000 | 109,720,000 | 98,460,000 | 91,835,000 | 86,204,000 | 88,376,000 | 85,287,000 | 76,465,000 | 69,850,000 | 56,166,000 | 50,420,000 | |
| yoy | 13.44% | 18.88% | 22.42% | 22.40% | 16.28% | 9.86% | 11.51% | 17.36% | 27.94% | 36.16% | 34.05% | 32.09% | 26.88% | 26.60% | 26.56% | 28.15% | 27.85% | 23.54% | 22.60% | 20.90% | 22.11% | 24.64% | 25.20% | 23.69% | 19.87% | 19.15% | 21.61% | 22.00% | 22.55% | 20.71% | 14.46% | 21.01% | 18.04% | 20.88% | 26.75% | 23.08% | 33.24% | 38.55% | 35.50% | 38.04% | 34.78% | 26.29% | 28.24% | 23.20% | 21.81% | 22.25% | 12.53% | 12.50% | 12.94% | 12.17% | 24.15% | 15.45% | 20.10% | 23.41% | 57.35% | 69.15% | |||||
| qoq | 5.49% | -7.36% | 8.11% | 7.37% | 10.56% | -4.60% | 8.09% | 2.00% | 4.45% | -3.17% | 13.76% | 11.19% | 11.17% | -4.66% | 12.09% | 6.81% | 10.93% | -4.70% | 13.50% | 6.56% | 7.18% | -5.42% | 11.93% | 7.63% | 9.40% | -4.99% | 10.58% | 4.30% | 8.75% | -3.04% | 10.94% | 4.76% | 7.12% | -8.06% | 17.29% | 2.19% | 9.70% | -3.60% | 13.90% | 10.62% | 14.07% | -5.72% | 16.04% | 8.01% | 6.88% | -4.27% | 11.47% | 6.80% | 7.27% | -11.87% | 11.44% | 7.21% | 6.53% | -2.46% | 3.62% | 11.54% | 9.47% | 24.36% | 11.40% | ||
| gross margin % | 80.68% | 80.96% | 81.06% | 82.53% | 80.83% | 77.48% | 77.68% | 76.20% | 77.12% | 75.62% | 76.83% | 75.38% | 75.65% | 73.42% | 76.31% | 75.65% | 76.67% | 77.95% | 77.67% | 78.62% | 78.05% | 77.69% | 77.13% | 77.33% | 75.41% | 76.09% | 74.65% | 75.41% | 74.37% | 75.64% | 74.70% | 74.97% | 73.68% | 73.41% | 74.95% | 73.22% | 72.86% | 72.68% | 72.35% | 72.43% | 71.02% | 70.12% | 70.70% | 70.58% | 68.63% | 69.97% | 69.62% | 71.60% | 70.35% | 71.19% | 72.58% | 72.25% | 71.21% | 73.52% | 73.12% | 73.25% | 74.22% | 74.89% | 73.58% | 72.24% | |
| operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| research and development | 209,500,000 | 198,600,000 | 191,100,000 | 187,300,000 | 165,400,000 | 173,000,000 | 152,500,000 | 156,900,000 | 153,300,000 | 151,100,000 | 128,900,000 | 134,300,000 | 124,300,000 | 124,900,000 | 112,600,000 | 107,800,000 | 106,600,000 | 97,200,000 | 89,000,000 | 90,000,000 | 82,100,000 | 80,300,000 | 71,200,000 | 69,900,000 | 67,400,000 | 68,600,000 | 65,500,000 | 58,700,000 | 61,200,000 | 59,100,000 | 54,774,000 | 53,486,000 | 51,159,000 | 51,195,000 | 45,589,000 | 47,239,000 | 45,502,000 | 44,966,000 | 42,814,000 | 42,110,000 | 37,389,000 | 35,816,000 | 33,097,000 | 30,790,000 | 29,938,000 | 29,055,000 | 27,747,000 | 26,421,000 | 25,158,000 | 23,334,000 | 20,525,000 | 20,498,000 | 20,388,000 | 19,667,000 | 16,380,000 | 16,834,000 | 15,942,000 | 14,421,000 | 12,676,000 | 11,934,000 | |
| sales and marketing | 592,000,000 | 542,700,000 | 526,500,000 | 515,900,000 | 501,300,000 | 501,100,000 | 507,400,000 | 504,400,000 | 515,900,000 | 478,300,000 | 455,900,000 | 427,100,000 | 415,500,000 | 387,600,000 | 367,700,000 | 347,100,000 | 326,900,000 | 304,000,000 | 291,400,000 | 266,700,000 | 253,800,000 | 260,000,000 | 257,100,000 | 227,400,000 | 226,500,000 | 215,900,000 | 205,900,000 | 198,300,000 | 192,800,000 | 185,300,000 | 191,928,000 | 172,361,000 | 166,337,000 | 170,400,000 | 162,873,000 | 154,831,000 | 162,694,000 | 147,403,000 | 136,840,000 | 120,994,000 | 111,928,000 | 100,609,000 | 93,228,000 | 80,433,000 | 74,817,000 | 67,326,000 | 62,331,000 | 56,687,000 | 55,997,000 | 49,976,000 | 48,117,000 | 44,743,000 | 44,259,000 | 42,036,000 | 39,984,000 | 36,934,000 | 35,896,000 | 32,718,000 | 27,777,000 | 26,723,000 | |
| general and administrative | 56,900,000 | 57,800,000 | 55,100,000 | 71,700,000 | 56,600,000 | 54,400,000 | 55,100,000 | 53,500,000 | 49,900,000 | 52,800,000 | 44,300,000 | 40,700,000 | 45,400,000 | 38,600,000 | 41,300,000 | 35,800,000 | 34,400,000 | 32,000,000 | 32,400,000 | 29,400,000 | 28,900,000 | 28,800,000 | 27,200,000 | 26,100,000 | 24,300,000 | 24,500,000 | 22,000,000 | 22,500,000 | 23,500,000 | 25,000,000 | 22,349,000 | 21,025,000 | 21,911,000 | 22,577,000 | 17,451,000 | 22,006,000 | 22,184,000 | 19,802,000 | 20,315,000 | 21,220,000 | 18,018,000 | 11,961,000 | 12,104,000 | 9,789,000 | 10,444,000 | 9,010,000 | 8,752,000 | 9,382,000 | 8,788,000 | 7,991,000 | 6,038,000 | 7,449,000 | 6,238,000 | 5,786,000 | 5,492,000 | 5,359,000 | 5,848,000 | 5,266,000 | 5,933,000 | 5,059,000 | |
| gain on intellectual property matters | -1,300,000 | -6,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total operating expenses | 857,100,000 | 792,800,000 | 771,500,000 | 773,800,000 | 722,100,000 | 727,400,000 | 713,800,000 | 713,700,000 | 718,000,000 | 681,000,000 | 627,900,000 | 601,000,000 | 584,000,000 | 550,000,000 | 520,400,000 | 489,600,000 | 466,700,000 | 432,100,000 | 411,600,000 | 385,000,000 | 363,700,000 | 332,300,000 | 355,500,000 | 323,400,000 | 318,200,000 | 309,000,000 | 293,400,000 | 279,500,000 | 277,500,000 | 269,400,000 | 269,051,000 | 246,872,000 | 239,317,000 | 244,602,000 | 226,746,000 | 226,359,000 | 230,933,000 | 212,499,000 | 201,686,000 | 190,207,000 | 167,335,000 | 148,386,000 | 138,429,000 | 121,012,000 | 115,199,000 | 105,391,000 | 98,830,000 | 92,490,000 | 89,943,000 | 81,301,000 | 74,680,000 | 72,690,000 | 70,885,000 | 67,489,000 | 61,856,000 | 59,127,000 | 57,686,000 | 52,405,000 | 46,386,000 | 43,716,000 | |
| operating income | 458,000,000 | 453,800,000 | 574,100,000 | 470,900,000 | 437,200,000 | 321,200,000 | 385,400,000 | 303,200,000 | 279,000,000 | 273,500,000 | 357,800,000 | 265,500,000 | 195,300,000 | 151,000,000 | 214,900,000 | 166,400,000 | 147,500,000 | 121,600,000 | 169,400,000 | 126,900,000 | 116,700,000 | 115,900,000 | 118,400,000 | 100,000,000 | 75,200,000 | 50,600,000 | 85,100,000 | 62,800,000 | 50,700,000 | 32,400,000 | 42,198,000 | 33,696,000 | 28,500,000 | 5,410,000 | 45,193,000 | 5,488,000 | -4,045,000 | -5,672,000 | 12,867,000 | -1,840,000 | 2,952,000 | 898,000 | 19,916,000 | 15,451,000 | 11,142,000 | 12,815,000 | 24,643,000 | 18,279,000 | 13,777,000 | 15,391,000 | 35,040,000 | 25,770,000 | 20,950,000 | 18,715,000 | 26,520,000 | 26,160,000 | 18,779,000 | 17,445,000 | 9,780,000 | 6,704,000 | |
| yoy | 4.76% | 41.28% | 48.96% | 55.31% | 56.70% | 17.44% | 7.71% | 14.20% | 42.86% | 81.13% | 66.50% | 59.56% | 32.41% | 24.18% | 26.86% | 31.13% | 26.39% | 4.92% | 43.07% | 26.90% | 55.19% | 129.05% | 39.13% | 59.24% | 48.32% | 56.17% | 101.67% | 86.37% | 77.89% | 498.89% | -6.63% | 513.99% | -804.57% | -195.38% | 251.23% | -398.26% | -237.03% | -731.63% | -35.39% | -111.91% | -73.51% | -92.99% | -19.18% | -15.47% | -19.13% | -16.74% | -29.67% | -29.07% | -34.24% | -17.76% | 32.13% | -1.49% | 11.56% | 7.28% | 171.17% | 290.21% | |||||
| qoq | 0.93% | -20.95% | 21.92% | 7.71% | 36.11% | -16.66% | 27.11% | 8.67% | 2.01% | -23.56% | 34.76% | 35.94% | 29.34% | -29.73% | 29.15% | 12.81% | 21.30% | -28.22% | 33.49% | 8.74% | 0.69% | -2.11% | 18.40% | 32.98% | 48.62% | -40.54% | 35.51% | 23.87% | 56.48% | -23.22% | 25.23% | 18.23% | 426.80% | -88.03% | 723.49% | -235.67% | -28.68% | -144.08% | -799.29% | -162.33% | 228.73% | -95.49% | 28.90% | 38.67% | -13.06% | -48.00% | 34.82% | 32.68% | -10.49% | -56.08% | 35.97% | 23.01% | 11.94% | -29.43% | 1.38% | 39.30% | 7.65% | 78.37% | 45.88% | ||
| operating margin % | 28.10% | 29.47% | 34.58% | 31.22% | 30.48% | 23.73% | 27.23% | 22.72% | 21.58% | 21.67% | 27.89% | 23.10% | 18.96% | 15.81% | 22.30% | 19.19% | 18.41% | 17.12% | 22.65% | 19.49% | 18.96% | 20.09% | 19.27% | 18.26% | 14.41% | 10.71% | 16.79% | 13.84% | 11.49% | 8.12% | 10.13% | 9.00% | 7.84% | 1.59% | 12.46% | 1.73% | -1.30% | -1.99% | 4.34% | -0.71% | 1.23% | 0.42% | 8.89% | 7.99% | 6.05% | 7.59% | 13.90% | 11.82% | 9.34% | 11.33% | 23.18% | 18.91% | 16.25% | 15.96% | 21.94% | 22.47% | 18.23% | 18.70% | 12.81% | 9.61% | |
| interest income | 45,000,000 | 44,300,000 | 42,300,000 | 42,400,000 | 38,300,000 | 32,200,000 | 30,500,000 | 37,000,000 | 31,600,000 | 20,600,000 | 9,100,000 | 4,600,000 | 2,400,000 | 1,300,000 | 1,000,000 | 1,200,000 | 1,200,000 | 8,150,000 | 11,400,000 | 11,000,000 | 10,200,000 | 5,800,000 | 4,500,000 | 4,061,000 | 3,866,000 | 3,163,000 | 2,392,000 | 1,964,000 | 1,888,000 | 1,705,000 | 1,746,000 | 1,176,000 | 1,333,000 | 1,364,000 | 1,422,000 | 1,402,000 | 1,339,000 | 1,319,000 | 1,333,000 | 1,318,000 | 1,282,000 | 1,337,000 | 1,369,000 | 1,400,000 | 1,318,000 | 1,203,000 | 1,085,000 | 963,000 | 904,000 | 863,000 | 793,000 | 399,000 | 268,000 | ||||||||
| interest expense | -4,600,000 | -4,900,000 | -4,900,000 | -5,000,000 | -5,000,000 | -5,100,000 | -5,400,000 | -5,400,000 | -5,200,000 | -5,000,000 | -4,500,000 | -4,500,000 | -4,500,000 | -4,500,000 | -4,500,000 | -4,600,000 | -4,500,000 | ||||||||||||||||||||||||||||||||||||||||||||
| other income—net | 18,900,000 | 26,100,000 | 6,900,000 | 11,800,000 | -2,200,000 | -2,900,000 | 5,100,000 | -7,000,000 | -6,200,000 | 2,000,000 | 5,800,000 | -900,000 | -9,300,000 | -9,100,000 | -4,100,000 | -6,300,000 | 800,000 | -2,000,000 | 300,000 | -1,000,000 | 900,000 | -8,000,000 | -600,000 | -6,000,000 | -400,000 | -500,000 | -2,300,000 | 900,000 | -5,000,000 | -200,000 | -1,181,000 | 344,000 | 1,243,000 | 302,000 | -3,650,000 | -787,000 | -1,350,000 | -1,312,000 | -1,007,000 | -653,000 | -830,000 | -677,000 | -1,200,000 | -1,005,000 | -574,000 | -389,000 | -419,000 | -1,151,000 | -100,000 | 215,000 | -170,000 | -317,000 | 73,000 | -71,000 | -112,000 | 60,000 | -207,000 | -95,000 | 87,000 | -250,000 | |
| income before income taxes and gain from equity method investments | 517,300,000 | 519,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| benefit from income taxes | 77,100,000 | 96,500,000 | 86,700,000 | 81,200,000 | 76,500,000 | 39,500,000 | 95,200,000 | -300,000 | 27,600,000 | 21,300,000 | 9,200,000 | 27,300,000 | 2,400,000 | -8,100,000 | 3,700,000 | -9,300,000 | 7,500,000 | 12,200,000 | 25,000,000 | 5,000,000 | 9,500,000 | 13,100,000 | 12,500,000 | 25,600,000 | 13,100,000 | 1,500,000 | -90,500,000 | 11,900,000 | 2,200,000 | -4,900,000 | 74,039,000 | 11,296,000 | 9,873,000 | -2,613,000 | 18,341,000 | 298,000 | -2,302,000 | -1,809,000 | 15,570,000 | -9,329,000 | 2,694,000 | 83,000 | 13,305,000 | 11,729,000 | 5,806,000 | 5,366,000 | 13,526,000 | 7,381,000 | 6,035,000 | 4,726,000 | 14,763,000 | 9,565,000 | 8,276,000 | 5,556,000 | 10,877,000 | 9,207,000 | 4,941,000 | 4,556,000 | 3,397,000 | 2,504,000 | |
| gain from equity method investments | -100,000 | 10,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income | 440,100,000 | 433,400,000 | 526,200,000 | 539,900,000 | 379,800,000 | 299,300,000 | 310,900,000 | 322,900,000 | 266,300,000 | 247,700,000 | 313,800,000 | 231,600,000 | 173,500,000 | 138,400,000 | 199,000,000 | 163,100,000 | 137,500,000 | 107,200,000 | 146,700,000 | 123,400,000 | 112,100,000 | 104,000,000 | 115,200,000 | 79,800,000 | 72,700,000 | 58,800,000 | 182,600,000 | 58,700,000 | 49,300,000 | 41,600,000 | -28,961,000 | 26,610,000 | 23,033,000 | 10,717,000 | 25,166,000 | 6,291,000 | -1,388,000 | -3,429,000 | -2,534,000 | 8,169,000 | 792,000 | 1,560,000 | 6,813,000 | 4,056,000 | 6,081,000 | 8,393,000 | 12,016,000 | 11,029,000 | 8,979,000 | 12,249,000 | 21,507,000 | 17,206,000 | 13,950,000 | 14,173,000 | 16,494,000 | 17,917,000 | 14,494,000 | 13,587,000 | 6,869,000 | 4,218,000 | |
| yoy | 15.88% | 44.80% | 69.25% | 67.20% | 42.62% | 20.83% | -0.92% | 39.42% | 53.49% | 78.97% | 57.69% | 42.00% | 26.18% | 29.10% | 35.65% | 32.17% | 22.66% | 3.08% | 27.34% | 54.64% | 54.20% | 76.87% | -36.91% | 35.95% | 47.46% | 41.35% | -730.50% | 120.59% | 114.04% | 288.17% | -215.08% | 322.99% | -1759.44% | -412.54% | -1093.13% | -22.99% | -275.25% | -319.81% | -137.19% | 101.41% | -86.98% | -81.41% | -43.30% | -63.22% | -32.28% | -31.48% | -44.13% | -35.90% | -35.63% | -13.58% | 30.39% | -3.97% | -3.75% | 4.31% | 140.12% | 324.77% | |||||
| qoq | 1.55% | -17.64% | -2.54% | 42.15% | 26.90% | -3.73% | -3.72% | 21.25% | 7.51% | -21.06% | 35.49% | 33.49% | 25.36% | -30.45% | 22.01% | 18.62% | 28.26% | -26.93% | 18.88% | 10.08% | 7.79% | -9.72% | 44.36% | 9.77% | 23.64% | -67.80% | 211.07% | 19.07% | 18.51% | -243.64% | -208.84% | 15.53% | 114.92% | -57.41% | 300.03% | -553.24% | -59.52% | 35.32% | -131.02% | 931.44% | -49.23% | -77.10% | 67.97% | -33.30% | -27.55% | -30.15% | 8.95% | 22.83% | -26.70% | -43.05% | 25.00% | 23.34% | -1.57% | -14.07% | -7.94% | 23.62% | 6.68% | 97.80% | 62.85% | ||
| net income margin % | 27.00% | 28.15% | 31.70% | 35.80% | 26.48% | 22.12% | 21.97% | 24.19% | 20.60% | 19.62% | 24.46% | 20.15% | 16.84% | 14.50% | 20.65% | 18.81% | 17.16% | 15.09% | 19.61% | 18.95% | 18.21% | 18.03% | 18.75% | 14.58% | 13.94% | 12.44% | 36.02% | 12.93% | 11.17% | 10.43% | -6.95% | 7.11% | 6.34% | 3.15% | 6.94% | 1.99% | -0.45% | -1.20% | -0.85% | 3.14% | 0.33% | 0.73% | 3.04% | 2.10% | 3.30% | 4.97% | 6.78% | 7.13% | 6.09% | 9.02% | 14.23% | 12.63% | 10.82% | 12.09% | 13.65% | 15.39% | 14.07% | 14.57% | 9.00% | 6.04% | |
| net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 0.57 | 0.56 | 0.68 | 0.71 | 0.5 | 0.39 | 0.4 | 0.41 | 0.34 | 0.32 | 0.4 | 0.29 | 0.22 | 0.86 | 1.22 | 1 | 0.84 | 0.66 | 0.91 | 0.76 | 0.69 | 0.61 | 0.67 | 0.47 | 0.42 | 0.35 | 1.07 | 0.35 | 0.29 | 0.25 | -0.16 | 0.15 | 0.13 | 0.06 | 0.15 | 0.04 | -0.01 | -0.02 | -0.01 | 0.05 | 0.01 | 0.04 | 0.02 | 0.04 | 0.05 | 0.07 | 0.07 | 0.06 | 0.08 | 0.13 | 0.11 | 0.09 | 0.09 | 0.11 | 0.12 | 0.1 | 0.18 | 0.1 | 0.06 | ||
| diluted | 0.57 | 0.56 | 0.68 | 0.7 | 0.49 | 0.39 | 0.41 | 0.41 | 0.33 | 0.31 | 0.39 | 0.29 | 0.21 | 0.84 | 1.19 | 0.97 | 0.82 | 0.64 | 0.88 | 0.75 | 0.68 | 0.6 | 0.66 | 0.46 | 0.42 | 0.34 | 1.05 | 0.33 | 0.28 | 0.24 | -0.16 | 0.15 | 0.13 | 0.06 | 0.14 | 0.04 | -0.01 | -0.02 | -0.01 | 0.05 | 0.01 | 0.04 | 0.02 | 0.04 | 0.05 | 0.07 | 0.07 | 0.05 | 0.07 | 0.13 | 0.1 | 0.08 | 0.09 | 0.1 | 0.11 | 0.09 | 0.17 | 0.09 | 0.06 | ||
| weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 765.5 | 768.3 | 764.4 | 765 | 763.8 | 762.4 | 778.6 | 781.2 | 785 | 783.2 | 791.4 | 786.2 | 795.4 | 160.7 | 163.2 | 163.5 | 163.3 | 163 | 164.2 | 162.1 | 161.6 | 170.6 | 171 | 171.3 | 171.1 | 170.2 | 169.1 | 169.8 | 168.6 | 167.7 | 174,315 | 175,519 | 175,741 | 174,489 | 172,621 | 173,335 | 172,075 | 171,745 | 170,385 | 171,648 | 169,930 | 168,077 | 163,831 | 164,294 | 163,161 | 162,391 | 162,435 | 162,906 | 162,247 | 161,282 | 158,074 | 158,751 | 157,474 | 156,010 | 152,581 | 153,265 | 152,267 | 75,154 | 68,495 | 67,181 | |
| diluted | 772.7 | 776.8 | 771.9 | 771.9 | 769.9 | 770.5 | 788.2 | 791.2 | 795.9 | 793.4 | 805.3 | 798.6 | 810.1 | 164.2 | 167.1 | 167.7 | 167.1 | 166.4 | 167.7 | 165.6 | 165.4 | 174.2 | 175 | 174.8 | 175.1 | 174.8 | 174.2 | 175.7 | 173.5 | 171.8 | 178,079 | 178,973 | 179,701 | 178,278 | 176,338 | 177,938 | 172,075 | 171,745 | 176,141 | 177,897 | 176,234 | 173,720 | 169,289 | 169,727 | 168,345 | 168,114 | 168,183 | 168,666 | 168,042 | 167,823 | 166,329 | 166,791 | 166,061 | 165,751 | 163,781 | 163,869 | 163,887 | 81,432 | 75,637 | 74,878 | |
| gain on intellectual property matter | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,100,000 | -1,200,000 | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,200,000 | -1,100,000 | -1,100,000 | -36,800,000 | |||||||||||||||||||||||||||||||||||||||||
| gain on bargain purchase | 106,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income before income taxes and income from equity method investments | 618,400,000 | 626,400,000 | 468,300,000 | 345,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income from equity method investments | -5,500,000 | -5,300,000 | -12,000,000 | -6,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income before income taxes and income from equity method investment | 229,525,000 | 327,800,000 | 299,200,000 | 291,100,000 | 368,200,000 | 264,700,000 | 183,900,000 | 138,700,000 | 207,300,000 | 156,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| income from equity method investment | -8,150,000 | -5,200,000 | -5,300,000 | -22,100,000 | -45,200,000 | -6,300,000 | -8,100,000 | -8,500,000 | -4,800,000 | -2,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| net income including non-controlling interests | 310,900,000 | 322,900,000 | 266,300,000 | 247,700,000 | 313,800,000 | 231,100,000 | 173,400,000 | 138,300,000 | 198,800,000 | 163,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| less: net income attributable to non-controlling interests, net of tax | -500,000 | -100,000 | -100,000 | -200,000 | 100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| weighted-average shares used for eps calculation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 765.5 | 768.3 | 764.4 | 765 | 763.8 | 762.4 | 778.6 | 781.2 | 785 | 783.2 | 791.4 | 786.2 | 795.4 | 160.7 | 163.2 | 163.5 | 163.3 | 163 | 164.2 | 162.1 | 161.6 | 170.6 | 171 | 171.3 | 171.1 | 170.2 | 169.1 | 169.8 | 168.6 | 167.7 | 174,315 | 175,519 | 175,741 | 174,489 | 172,621 | 173,335 | 172,075 | 171,745 | 170,385 | 171,648 | 169,930 | 168,077 | 163,831 | 164,294 | 163,161 | 162,391 | 162,435 | 162,906 | 162,247 | 161,282 | 158,074 | 158,751 | 157,474 | 156,010 | 152,581 | 153,265 | 152,267 | 75,154 | 68,495 | 67,181 | |
| diluted | 772.7 | 776.8 | 771.9 | 771.9 | 769.9 | 770.5 | 788.2 | 791.2 | 795.9 | 793.4 | 805.3 | 798.6 | 810.1 | 164.2 | 167.1 | 167.7 | 167.1 | 166.4 | 167.7 | 165.6 | 165.4 | 174.2 | 175 | 174.8 | 175.1 | 174.8 | 174.2 | 175.7 | 173.5 | 171.8 | 178,079 | 178,973 | 179,701 | 178,278 | 176,338 | 177,938 | 172,075 | 171,745 | 176,141 | 177,897 | 176,234 | 173,720 | 169,289 | 169,727 | 168,345 | 168,114 | 168,183 | 168,666 | 168,042 | 167,823 | 166,329 | 166,791 | 166,061 | 165,751 | 163,781 | 163,869 | 163,887 | 81,432 | 75,637 | 74,878 | |
| income before income taxes | 145,000,000 | 119,400,000 | 171,700,000 | 128,400,000 | 121,600,000 | 117,100,000 | 127,700,000 | 105,400,000 | 85,800,000 | 60,300,000 | 92,100,000 | 70,600,000 | 51,500,000 | 36,700,000 | 45,078,000 | 37,906,000 | 32,906,000 | 8,104,000 | 43,507,000 | 6,589,000 | -3,690,000 | -5,238,000 | 13,036,000 | -1,160,000 | 3,486,000 | 1,643,000 | 20,118,000 | 15,785,000 | 11,887,000 | 13,759,000 | 25,542,000 | 18,410,000 | 15,014,000 | 16,975,000 | 36,270,000 | 26,771,000 | 22,226,000 | 19,729,000 | 27,371,000 | 27,124,000 | 19,435,000 | 18,143,000 | 10,266,000 | 6,722,000 | |||||||||||||||||
| interest income—net | -200,000 | 2,000,000 | 2,500,000 | 4,000,000 | 9,200,000 | 4,300,000 | 6,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| restructuring charges | -90,000 | 430,000 | 833,000 | 2,283,000 | 553,000 | 328,000 | 1,717,000 | 5,883,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| services and other | 113,291,000 | 105,617,000 | 98,714,000 | 92,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| services | 90,276,000 | 83,883,000 | 79,668,000 | 75,896,000 | 76,711,000 | 69,782,000 | 65,412,000 | 62,138,000 | 61,076,000 | 57,835,000 | 52,671,000 | 48,686,000 | 40,964,000 | 38,625,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| ratable and other revenue | 3,190,000 | 1,129,000 | 1,235,000 | 1,974,000 | 3,426,000 | 3,459,000 | 1,858,000 | 1,905,000 | 2,322,000 | 5,498,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| ratable product and services | 3,665,000 | 4,415,000 | 4,330,000 | 4,060,000 |
We provide you with 20 years income statements for Fortinet stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Fortinet stock. Explore the full financial landscape of Fortinet stock with our expertly curated income statements.
The information provided in this report about Fortinet stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.