Fortinet, Inc.
FTNT · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,745 | $1,148 | $857 | $607 |
| Dep. & Amort. | $123 | $113 | $104 | $84 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $258 | $249 | $217 | $208 |
| Change in WC | -$21 | $126 | $233 | $402 |
| Other Non-Cash | $153 | $299 | $319 | $198 |
| Operating Cash Flow | $2,258 | $1,936 | $1,731 | $1,500 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$379 | -$204 | -$281 | -$296 |
| Net Acquisitions | -$276 | -$9 | -$31 | -$235 |
| Inv. Purchases | -$1,965 | -$1,856 | -$389 | -$2,351 |
| Inv. Sales/Matur. | $1,892 | $1,419 | $1,465 | $1,556 |
| Other Inv. Act. | $0 | $0 | $0 | $0 |
| Investing Cash Flow | -$727 | -$649 | $764 | -$1,325 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $970 |
| Stock Issued | $63 | $44 | $26 | $26 |
| Stock Repurch. | -$1 | -$1,501 | -$1,991 | -$742 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$113 | -$114 | -$165 | -$171 |
| Financing Cash Flow | -$50 | -$1,570 | -$2,130 | $83 |
| Forex Effect | -$3 | -$1 | -$0 | -$0 |
| Net Chg. in Cash | $1,478 | -$285 | $364 | $257 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,398 | $1,683 | $1,319 | $1,062 |
| End Cash | $2,876 | $1,398 | $1,683 | $1,319 |
| Free Cash Flow | $1,879 | $1,731 | $1,449 | $1,204 |