Fortinet, Inc.
FTNT · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $2,876 | $1,398 | $1,683 | $1,319 |
| Short-Term Investments | $1,191 | $1,043 | $528 | $1,233 |
| Receivables | $1,463 | $1,402 | $1,262 | $808 |
| Inventory | $316 | $485 | $265 | $176 |
| Other Curr. Assets | $126 | $101 | $73 | $65 |
| Total Curr. Assets | $5,972 | $4,428 | $3,810 | $3,601 |
| Property Plant & Equip (Net) | $1,350 | $1,044 | $899 | $688 |
| Goodwill | $235 | $127 | $128 | $125 |
| Intangibles | $115 | $35 | $56 | $64 |
| Long-Term Investments | $0 | $0 | $46 | $441 |
| Tax Assets | $1,336 | $869 | $569 | $342 |
| Other NC Assets | $756 | $756 | $720 | $659 |
| Total NC Assets | $3,792 | $2,831 | $2,418 | $2,319 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $9,763 | $7,259 | $6,228 | $5,919 |
| Liabilities | – | – | – | – |
| Payables | $191 | $204 | $243 | $148 |
| Short-Term Debt | $0 | $0 | $0 | $0 |
| Tax Payable | $0 | $64 | $68 | $80 |
| Deferred Revenue | $3,276 | $2,849 | $2,349 | $1,777 |
| Other Curr. Liab. | $594 | $602 | $418 | $313 |
| Total Curr. Liab. | $4,061 | $3,719 | $3,078 | $2,318 |
| LT Debt | $994 | $992 | $990 | $988 |
| Deferred Rev, NC | $3,085 | $2,886 | $2,291 | $1,676 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $130 | $125 | $150 | $139 |
| Total NC Liab. | $4,209 | $4,003 | $3,431 | $2,803 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $8,269 | $7,722 | $6,510 | $5,121 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $1 | $1 | $1 | $1 |
| Retained Earnings | -$117 | -$1,862 | -$1,546 | -$468 |
| AOCI | -$26 | -$19 | -$20 | -$5 |
| Other Equity | $1,636 | $1,416 | $1,284 | $1,254 |
| Total Equity | $1,494 | -$463 | -$282 | $782 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $17 |
| Total Liab. & Tot. Equity | $9,763 | $7,259 | $6,228 | $5,919 |
| Net Debt | -$1,882 | -$406 | -$693 | -$331 |