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Fortinet (FTNT)
NASDAQ:FTNT
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Fortinet (FTNT) Income Statement

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Fortinet Income Statement

Last quarter (Q3 2024), Fortinet's total revenue was $1.51B, an increase of 13.00% from the same quarter last year. In Q3, Fortinet's net income was $539.90M. See Fortinet’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 5.71B$ 5.30B$ 4.42B$ 3.34B$ 2.59B$ 2.16B
Cost of Revenue
$ 1.16B$ 1.24B$ 1.08B$ 783.00M$ 570.00M$ 505.90M
Gross Profit
$ 4.55B$ 4.07B$ 3.33B$ 2.56B$ 2.02B$ 1.66B
Operating Expense
$ 2.94B$ 2.83B$ 2.37B$ 1.91B$ -1.53B$ 1.31B
Operating Income
$ 1.61B$ 1.24B$ 969.60M$ 650.40M$ 491.60M$ 351.00M
Net Non Operating Interest Income Expense
$ -93.20M$ -98.70M$ 600.00K$ -14.90M$ 17.70M$ 42.50M
Other Income Expense
$ -195.70M$ -1.50M$ -8.90M$ 14.70M$ -32.40M$ 7.50M
Pretax Income
$ 1.86B$ 1.33B$ 955.50M$ 628.40M$ 541.70M$ 386.00M
Tax Provision
$ 292.40M$ 143.80M$ 30.80M$ 14.10M$ 53.20M$ 54.30M
Earnings From Equity Interest Net Of Tax
$ -33.40M$ -42.10M$ -68.10M$ -7.60M--
Net Income Common Stockholders
$ 1.53B$ 1.15B$ 857.30M$ 606.80M$ 488.50M$ 331.70M
Basic EPS
$ 2.00$ 1.47$ 1.08$ 0.74$ 0.60$ 0.38
Diluted EPS
$ 1.99$ 1.46$ 1.06$ 0.73$ 0.58$ 0.37
Basic Average Shares
$ 3.06B$ 778.60M$ 791.40M$ 816.00M$ 821.00M$ 855.00M
Diluted Average Shares
$ 3.08B$ 788.20M$ 805.30M$ 835.50M$ 838.50M$ 875.00M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 4.10B$ 4.07B$ 3.45B$ 2.69B$ 2.06B$ 1.81B
Net Income From Continuing And Discontinued Operation
$ 1.53B$ 1.15B$ 857.30M$ 606.80M$ 488.50M$ 331.70M
Normalized Income
$ 1.30B$ 1.05B--$ 468.14M$ 304.94M
Interest Expense
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EBIT
$ 1.85B$ 1.35B$ 973.50M$ 643.30M$ 541.70M$ 386.00M
EBITDA
$ 1.96B$ 1.47B$ 1.08B$ 727.70M$ 610.50M$ 441.60M
Currency in USD

Fortinet Earnings and Revenue History

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