FTNT

FORTINET, INC.

FTNT · CIK 1262039 · Annual (10-K) · Last 8 years

Financial Trends

Revenue$6.8B
20182025
Net Income$1.9B
20182025
Operating CF$2.6B
20182025
Free Cash Flow
20182025

Income Statement

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Revenue$6.8B$6.0B$5.3B$4.4B$3.3B$2.6B$2.2B$1.8B
Cost of Revenue$1.3B$1.2B$1.2B$1.1B$0.8B$0.6B$0.5B$0.5B
Gross Profit$5.5B$4.8B$4.1B$3.3B$2.6B$2.0B$1.7B$1.4B
R&D Expense$0.8B$0.7B$0.6B$0.5B$0.4B$0.3B$0.3B$0.2B
SG&A Expense
Operating Income$2.1B$1.8B$1.2B$1.0B$0.7B$0.5B$0.3B$0.2B
Net Income$1.9B$1.7B$1.1B$0.9B$0.6B$0.5B$0.3B$0.3B
EPS (Basic)$2.45$2.28$1.47$1.08$3.72$2.98$1.91$1.96
EPS (Diluted)$2.42$2.26$1.46$1.06$3.63$2.91$1.87$1.91

Balance Sheet

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Total Assets$10.4B$9.8B$7.3B$6.2B$5.9B$4.0B$3.9B$3.1B
Current Assets$5.9B$6.0B$4.4B$3.8B$3.6B$2.7B$2.8B$2.2B
Cash & Equivalents$2.5B$2.9B$1.4B$1.7B$1.3B$1.1B$1.2B$1.1B
Total Liabilities$9.2B$8.3B$7.7B$6.5B$5.1B$3.2B$2.6B$2.1B
Current Liabilities$5.0B$4.1B$3.7B$3.1B$2.3B$1.8B$1.5B$1.3B
Stockholders' Equity$1.2B$1.5B$-0.5B$-0.3B$0.8B$0.9B$1.3B$1.0B

Cash Flow Statement

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Operating Cash Flow$2.6B$2.3B$1.9B$1.7B$1.5B$1.1B$0.8B$0.6B
Investing Cash Flow$-0.6B$-0.7B$-0.6B$0.8B$-1.3B$-0.1B$-0.5B$-0.1B
Capital Expenditures
Financing Cash Flow$-2.4B$-0.1B$-1.6B$-2.1B$0.1B$-1.2B$-0.2B$-0.2B