Fortinet, Inc.
FTNT · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,745,200 | $1,147,800 | $856,600 | $606,700 |
| Dep. & Amort. | $122,800 | $113,400 | $104,300 | $84,400 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $257,900 | $249,000 | $217,300 | $207,900 |
| Change in WC | -$20,600 | $126,100 | $233,000 | $402,400 |
| Other Non-Cash | $152,800 | $299,200 | $319,400 | $198,300 |
| Operating Cash Flow | $2,258,100 | $1,935,500 | $1,730,600 | $1,499,700 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$378,900 | -$204,100 | -$281,200 | -$295,900 |
| Net Acquisitions | -$275,500 | -$8,500 | -$30,800 | -$234,900 |
| Inv. Purchases | -$1,965,300 | -$1,855,800 | -$389,100 | -$2,350,500 |
| Inv. Sales/Matur. | $1,892,200 | $1,418,800 | $1,465,000 | $1,555,800 |
| Other Inv. Act. | $100 | $300 | $0 | $400 |
| Investing Cash Flow | -$727,400 | -$649,300 | $763,900 | -$1,325,100 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $969,900 |
| Stock Issued | $63,100 | $43,800 | $26,100 | $26,000 |
| Stock Repurch. | -$600 | -$1,500,500 | -$1,991,200 | -$741,800 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$112,600 | -$113,700 | -$165,200 | -$171,300 |
| Financing Cash Flow | -$50,100 | -$1,570,400 | -$2,130,300 | $82,800 |
| Forex Effect | -$2,600 | -$800 | -$400 | -$100 |
| Net Chg. in Cash | $1,478,000 | -$285,000 | $363,800 | $257,300 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,397,900 | $1,682,900 | $1,319,100 | $1,061,800 |
| End Cash | $2,875,900 | $1,397,900 | $1,682,900 | $1,319,100 |
| Free Cash Flow | $1,879,200 | $1,731,400 | $1,449,400 | $1,203,800 |