Fortinet, Inc.
FTNT · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $5,955,800 | $5,304,800 | $4,417,400 | $3,342,200 |
| % Growth | 12.3% | 20.1% | 32.2% | – |
| Cost of Goods Sold | $1,157,600 | $1,237,200 | $1,084,900 | $783,000 |
| Gross Profit | $4,798,200 | $4,067,600 | $3,332,500 | $2,559,200 |
| % Margin | 80.6% | 76.7% | 75.4% | 76.6% |
| R&D Expenses | $716,800 | $613,800 | $512,400 | $424,200 |
| G&A Expenses | $237,800 | $211,300 | $169,000 | $143,500 |
| SG&A Expenses | $2,282,600 | $2,217,300 | $1,855,100 | $1,489,200 |
| Sales & Mktg Exp. | $2,044,800 | $2,006,000 | $1,686,100 | $1,345,700 |
| Other Operating Expenses | -$4,600 | -$4,600 | -$4,600 | -$4,600 |
| Operating Expenses | $2,994,800 | $2,826,500 | $2,362,900 | $1,908,800 |
| Operating Income | $1,803,400 | $1,241,100 | $969,600 | $650,400 |
| % Margin | 30.3% | 23.4% | 21.9% | 19.5% |
| Other Income/Exp. Net | $225,700 | $50,500 | -$82,200 | -$29,600 |
| Pre-Tax Income | $2,029,100 | $1,291,600 | $887,400 | $620,800 |
| Tax Expense | $283,900 | $143,800 | $30,800 | $14,100 |
| Net Income | $1,745,200 | $1,147,800 | $857,300 | $606,800 |
| % Margin | 29.3% | 21.6% | 19.4% | 18.2% |
| EPS | 2.28 | 1.47 | 1.08 | 0.74 |
| % Growth | 55.1% | 36.1% | 45.9% | – |
| EPS Diluted | 2.26 | 1.46 | 1.06 | 0.73 |
| Weighted Avg Shares Out | 764,400 | 778,600 | 791,400 | 816,000 |
| Weighted Avg Shares Out Dil | 771,900 | 788,200 | 805,300 | 835,500 |
| Supplemental Information | – | – | – | – |
| Interest Income | $155,200 | $119,700 | $17,400 | $4,500 |
| Interest Expense | $20,000 | $21,000 | $18,000 | $14,900 |
| Depreciation & Amortization | $122,800 | $113,400 | $104,300 | $84,400 |
| EBITDA | $2,201,300 | $1,468,100 | $1,077,800 | $727,700 |
| % Margin | 37% | 27.7% | 24.4% | 21.8% |