Fortinet Inc.

NASDAQ: FTNT · Real-Time Price · USD
77.25
-2.08 (-2.62%)
At close: Aug 14, 2025, 3:59 PM
77.80
0.71%
After-hours: Aug 14, 2025, 07:59 PM EDT

Fortinet Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
5.96B 5.3B 4.42B 3.34B
Cost of Revenue
1.16B 1.24B 1.08B 783M
Gross Profit
4.8B 4.07B 3.33B 2.56B
Operating Income
1.8B 1.24B 969.6M 650.4M
Interest Income
155.2M 119.7M 17.4M 4.5M
Pretax Income
2.03B 1.29B 887.4M 620.8M
Net Income
1.75B 1.15B 857.3M 606.8M
Selling & General & Admin
2.28B 2.22B 1.86B 1.49B
Research & Development
716.8M 613.8M 512.4M 424.2M
Other Expenses
-4.6M -4.6M -4.6M -4.6M
Operating Expenses
2.99B 2.83B 2.36B 1.91B
Interest Expense
20M 21M 18M 14.9M
Selling & Marketing Expenses
2.04B 2.01B 1.69B 1.35B
Cost & Expenses
4.15B 4.06B 3.45B 2.69B
Income Tax Expense
283.9M 143.8M 30.8M 14.1M
Shares Outstanding (Basic)
764.4M 778.6M 791.4M 816M
Shares Outstanding (Diluted)
771.9M 788.2M 805.3M 835.5M
EPS (Basic)
2.28 1.47 1.08 0.74
EPS (Diluted)
2.26 1.46 1.06 0.73
EBITDA
2.2B 1.47B 1.08B 727.7M
EBIT
2.08B 1.35B 973.5M 643.3M
Depreciation & Amortization
122.8M 113.4M 104.3M 84.4M