Fortinet, Inc.
FTNT · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $2,875,900 | $1,397,900 | $1,682,900 | $1,319,100 |
| Short-Term Investments | $1,190,600 | $1,042,500 | $528,100 | $1,232,600 |
| Receivables | $1,463,400 | $1,402,000 | $1,261,700 | $807,700 |
| Inventory | $315,500 | $484,800 | $264,600 | $175,800 |
| Other Curr. Assets | $126,100 | $101,100 | $73,100 | $65,400 |
| Total Curr. Assets | $5,971,500 | $4,428,300 | $3,810,400 | $3,600,600 |
| Property Plant & Equip (Net) | $1,349,500 | $1,044,400 | $898,500 | $687,600 |
| Goodwill | $235,400 | $126,500 | $128,000 | $125,100 |
| Intangibles | $115,000 | $35,300 | $56,000 | $63,600 |
| Long-Term Investments | $0 | $0 | $45,500 | $440,800 |
| Tax Assets | $1,335,600 | $868,800 | $569,400 | $342,300 |
| Other NC Assets | $756,100 | $755,600 | $720,200 | $659,100 |
| Total NC Assets | $3,791,600 | $2,830,600 | $2,417,600 | $2,318,500 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $9,763,100 | $7,258,900 | $6,228,000 | $5,919,100 |
| Liabilities | – | – | – | – |
| Payables | $190,900 | $204,300 | $243,400 | $148,400 |
| Short-Term Debt | $0 | $0 | $0 | $0 |
| Tax Payable | $0 | $63,600 | $67,800 | $79,500 |
| Deferred Revenue | $3,276,200 | $2,848,700 | $2,349,300 | $1,777,400 |
| Other Curr. Liab. | $593,600 | $602,400 | $417,900 | $312,800 |
| Total Curr. Liab. | $4,060,700 | $3,719,000 | $3,078,400 | $2,318,100 |
| LT Debt | $994,300 | $992,300 | $990,400 | $988,400 |
| Deferred Rev, NC | $3,084,700 | $2,886,300 | $2,291,000 | $1,675,500 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $129,600 | $124,700 | $149,800 | $138,700 |
| Total NC Liab. | $4,208,600 | $4,003,300 | $3,431,200 | $2,802,600 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $8,269,300 | $7,722,300 | $6,509,600 | $5,120,700 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $800 | $800 | $800 | $800 |
| Retained Earnings | -$117,100 | -$1,861,700 | -$1,546,400 | -$467,900 |
| AOCI | -$26,100 | -$18,900 | -$20,200 | -$4,800 |
| Other Equity | $1,636,200 | $1,416,400 | $1,284,200 | $1,253,600 |
| Total Equity | $1,493,800 | -$463,400 | -$281,600 | $781,700 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $16,700 |
| Total Liab. & Tot. Equity | $9,763,100 | $7,258,900 | $6,228,000 | $5,919,100 |
| Net Debt | -$1,881,600 | -$405,600 | -$692,500 | -$330,700 |