Fortinet Inc. (FTNT)

AI Score

Hold

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

undefined

undefined%

At close: undefined

97.83

-0.12%

After-hours Dec 13, 2024, 05:38 PM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.

Boring Mode

Year	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08	FY07	FY06
Revenue	5.30B	4.42B	3.34B	2.59B	2.16B	1.80B	1.49B	1.28B	1.01B	770.36M	615.30M	533.64M	433.58M	324.70M	252.12M	211.79M	155.37M	123.47M
Cost of Revenue	1.24B	1.08B	783.00M	570.00M	505.90M	450.40M	385.28M	337.84M	286.78M	231.01M	180.64M	147.42M	113.60M	85.21M	69.97M	65.47M	56.65M	40.96M
Gross Profit	4.07B	3.33B	2.56B	2.02B	1.65B	1.35B	1.11B	937.61M	722.49M	539.36M	434.65M	386.22M	319.98M	239.49M	182.14M	146.32M	98.71M	82.50M
Operating Income	1.24B	969.60M	650.40M	531.80M	344.20M	231.00M	109.80M	42.94M	14.88M	59.32M	72.09M	100.47M	88.90M	55.34M	25.33M	4.93M	-21.58M	-6.00M
Interest Income	119.70M	17.40M	4.50M	17.70M	42.50M	26.50M	13.48M	7.30M	5.29M	5.39M	5.31M	5.01M	3.52M	1.81M	1.98M	2.61M	3.51M	2.38M
Pretax Income	1.33B	955.50M	628.40M	541.70M	379.20M	250.90M	123.99M	43.15M	17.00M	61.55M	75.94M	105.00M	92.07M	56.34M	27.51M	9.25M	-20.06M	-4.12M
Net Income	1.15B	857.30M	606.80M	488.50M	326.50M	332.20M	31.40M	32.19M	7.99M	25.34M	44.27M	66.84M	62.49M	41.24M	60.18M	7.36M	-21.84M	-5.34M
Selling & General & Admin	2.22B	1.86B	1.49B	1.19B	1.03B	875.30M	788.89M	707.58M	541.88M	357.15M	259.90M	204.67M	167.50M	134.35M	114.61M	104.36M	92.70M	67.05M
Research & Development	613.80M	512.40M	424.20M	341.40M	277.10M	244.50M	210.61M	183.08M	158.13M	122.88M	102.66M	81.08M	63.58M	49.80M	42.20M	37.03M	27.59M	21.45M
Other Expenses	-	-8.90M	-7.00M	32.40M	-7.50M	-6.60M	708.00K	-7.10M	-3.17M	-3.17M	-1.46M	-485.00K	-	-	-	1.71M	-1.99M	-503.00K
Operating Expenses	2.83B	2.37B	1.91B	1.53B	1.31B	1.12B	999.50M	890.66M	700.01M	480.03M	362.56M	285.74M	231.07M	184.15M	156.81M	141.39M	120.29M	88.50M
Interest Expense	21.00M	18.00M	14.90M	-	-	26.50M	13.48M	7.30M	5.29M	5.39M	5.31M	5.01M	3.52M	1.81M	1.98M	2.61M	3.51M	2.38M
Selling & Marketing Expenses	2.01B	1.69B	1.35B	1.07B	926.90M	782.30M	701.03M	626.50M	470.37M	315.80M	224.99M	179.16M	145.53M	111.97M	96.29M	87.72M	72.16M	54.06M
Cost & Expenses	4.07B	3.45B	2.70B	2.10B	1.81B	1.57B	1.38B	1.23B	986.79M	711.04M	543.21M	433.16M	344.67M	269.36M	226.78M	206.86M	176.94M	129.46M
Income Tax	143.80M	30.80M	14.10M	53.20M	52.70M	-81.30M	92.59M	10.96M	9.02M	36.21M	31.67M	38.16M	29.58M	15.10M	-32.67M	1.89M	1.78M	1.22M
Shares Outstanding (Basic)	778.60M	791.40M	816.00M	821.00M	855.00M	845.50M	871.58M	863.00M	851.92M	819.15M	812.17M	790.37M	762.90M	703.63M	263.34M	200.17M	574.93M	574.93M
Shares Outstanding (Diluted)	788.20M	805.30M	835.50M	838.50M	875.00M	871.00M	890.39M	881.50M	880.71M	846.45M	840.91M	831.64M	818.90M	782.03M	652.19M	266.42M	671.22M	671.22M
EPS (Basic)	1.47	1.08	0.74	0.60	0.39	0.39	0.04	0.04	0.01	0.03	0.05	0.08	0.08	0.06	0.19	0.00	-0.04	-0.01
EPS (Diluted)	1.46	1.06	0.73	0.58	0.38	0.38	0.04	0.04	0.01	0.03	0.05	0.08	0.08	0.05	0.08	0.00	-0.03	-0.01
EBITDA	1.47B	1.08B	727.70M	560.40M	412.60M	286.70M	179.47M	91.67M	55.77M	81.35M	87.71M	112.04M	88.90M	61.04M	31.27M	9.16M	-17.42M	-2.49M
Depreciation & Amortization	113.40M	104.30M	84.40M	68.80M	61.60M	55.70M	55.48M	48.52M	31.59M	22.03M	15.62M	11.56M	6.82M	5.70M	5.93M	4.23M	4.15M	3.51M