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Fortinet, Inc. (FTNT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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67.59+0.32 (+0.48%)
As of 09:43AM EDT. Market open.
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Annual

Income Statement

All numbers in thousands
Breakdown
ttm
2023-12-31
2022-12-31
2021-12-31
2020-12-31
Total Revenue
5,304,800
5,304,800
4,417,400
3,342,200
2,594,400
Cost of Revenue
1,237,200
1,237,200
1,084,900
783,000
570,000
Gross Profit
4,067,600
4,067,600
3,332,500
2,559,200
2,024,400
Operating Expenses
Research Development
613,800
613,800
512,400
424,200
341,400
Selling General and Administrative
2,217,300
2,217,300
1,855,100
1,489,200
1,191,400
Total Operating Expenses
2,831,100
2,831,100
2,367,500
1,913,400
1,532,800
Operating Income or Loss
1,236,500
1,236,500
965,000
645,800
491,600
Interest Expense
21,000
21,000
18,000
14,900
0
Total Other Income/Expenses Net
-1,500
-1,500
-8,900
-7,000
32,400
Income Before Tax
1,333,700
1,333,700
955,500
628,400
541,700
Income Tax Expense
143,800
143,800
30,800
14,100
53,200
Income from Continuing Operations
1,147,800
1,147,800
856,600
606,700
488,500
Net Income
1,147,800
1,147,800
857,300
606,800
488,500
Net Income available to common shareholders
1,147,800
1,147,800
857,300
606,800
488,500
Basic EPS
1.47
1.47
1.08
0.74
0.60
Diluted EPS
1.44
1.46
1.06
0.73
0.58
Basic Average Shares
782,475
778,600
791,400
816,100
821,000
Diluted Average Shares
793,075
788,200
805,300
835,300
838,300