US Stock MarketDetailed Quotes

FTNT Fortinet

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  • 59.630
  • +0.200+0.34%
Close May 8 16:00 ET
  • 59.500
  • -0.130-0.22%
Post 16:03 ET
45.55BMarket Cap38.72P/E (TTM)

Fortinet Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2024
(FY)Dec 31, 2023
(Q4)Dec 31, 2023
(Q3)Sep 30, 2023
(Q2)Jun 30, 2023
(Q1)Mar 31, 2023
(FY)Dec 31, 2022
(Q4)Dec 31, 2022
(Q3)Sep 30, 2022
(Q2)Jun 30, 2022
Total revenue
7.21%1.35B
20.09%5.3B
10.30%1.42B
16.10%1.33B
25.50%1.29B
32.21%1.26B
32.17%4.42B
33.15%1.28B
32.55%1.15B
28.59%1.03B
Operating revenue
7.21%1.35B
20.09%5.3B
10.30%1.42B
16.10%1.33B
25.50%1.29B
32.21%1.26B
32.17%4.42B
33.15%1.28B
32.55%1.15B
28.59%1.03B
Cost of revenue
-1.01%304.7M
14.04%1.24B
6.26%315.9M
12.26%317.7M
17.94%295.8M
21.28%307.8M
38.56%1.08B
30.22%297.3M
34.00%283M
34.19%250.8M
Gross profit
9.86%1.05B
22.06%4.07B
11.51%1.1B
17.36%1.02B
27.94%997M
36.16%954.5M
30.22%3.33B
34.05%985.7M
32.09%866.5M
26.88%779.3M
Operating expense
6.79%728.5M
19.58%2.83B
13.65%715M
18.72%714.8M
22.95%718M
23.79%682.2M
23.73%2.37B
20.61%629.1M
22.70%602.1M
24.81%584M
Selling and administrative expenses
4.59%555.5M
19.52%2.22B
12.46%562.5M
19.26%557.9M
22.76%565.8M
24.61%531.1M
24.57%1.86B
22.30%500.2M
22.17%467.8M
27.57%460.9M
-Selling and marketing expense
4.77%501.1M
18.97%2.01B
11.30%507.4M
18.10%504.4M
24.16%515.9M
23.40%478.3M
25.30%1.69B
23.99%455.9M
23.05%427.1M
27.10%415.5M
-General and administrative expense
3.03%54.4M
25.03%211.3M
24.38%55.1M
31.45%53.5M
9.91%49.9M
36.79%52.8M
17.77%169M
7.26%44.3M
13.69%40.7M
31.98%45.4M
Research and development costs
14.49%173M
19.79%613.8M
18.31%152.5M
16.83%156.9M
23.33%153.3M
20.98%151.1M
20.79%512.4M
14.48%128.9M
24.58%134.3M
16.60%124.3M
Other operating expenses
----
----
----
----
8.33%-1.1M
----
----
----
----
---1.2M
Operating profit
17.55%320.1M
28.13%1.24B
7.74%384.2M
14.26%302.1M
42.86%279M
81.65%272.3M
49.43%965M
66.87%356.6M
59.95%264.4M
33.49%195.3M
Net non-operating interest income expense
73.72%27.1M
16,550.00%98.7M
445.65%25.1M
31,500.00%31.6M
1,357.14%26.4M
587.50%15.6M
94.23%-600K
231.43%4.6M
102.94%100K
36.36%-2.1M
Non-operating interest income
56.31%32.2M
587.93%119.7M
235.16%30.5M
704.35%37M
1,216.67%31.6M
1,484.62%20.6M
286.67%17.4M
810.00%9.1M
283.33%4.6M
100.00%2.4M
Non-operating interest expense
2.00%5.1M
16.67%21M
20.00%5.4M
20.00%5.4M
15.56%5.2M
11.11%5M
20.81%18M
0.00%4.5M
-2.17%4.5M
0.00%4.5M
Other net income (expense)
-156.25%-1.8M
83.15%-1.5M
-10.00%6.3M
-3,050.00%-5.9M
33.33%-6.2M
140.00%3.2M
-27.14%-8.9M
341.38%7M
103.85%200K
-565.00%-9.3M
Special income (charges)
-8.33%1.1M
0.00%4.6M
0.00%1.2M
0.00%1.1M
----
9.09%1.2M
0.00%4.6M
0.00%1.2M
0.00%1.1M
----
-Less:Other special charges
8.33%-1.1M
0.00%-4.6M
0.00%-1.2M
0.00%-1.1M
----
-9.09%-1.2M
0.00%-4.6M
0.00%-1.2M
0.00%-1.1M
----
Other non- operating income (expenses)
-245.00%-2.9M
54.81%-6.1M
-12.07%5.1M
-677.78%-7M
33.33%-6.2M
121.98%2M
-16.38%-13.5M
241.46%5.8M
85.71%-900K
-1,262.50%-9.3M
Income before tax
18.65%345.4M
39.58%1.33B
12.87%415.6M
23.84%327.8M
62.70%299.2M
109.88%291.1M
52.05%955.5M
77.62%368.2M
68.92%264.7M
26.83%183.9M
Income tax
85.45%39.5M
366.88%143.8M
934.78%95.2M
-101.10%-300K
1,050.00%27.6M
362.96%21.3M
118.44%30.8M
148.65%9.2M
393.55%27.3M
-68.00%2.4M
Earnings from equity interest net of tax
70.14%-6.6M
38.18%-42.1M
78.98%-9.5M
17.46%-5.2M
34.57%-5.3M
-160.00%-22.1M
-796.05%-68.1M
-841.67%-45.2M
-125.00%-6.3M
---8.1M
Net income
20.83%299.3M
33.99%1.15B
-0.92%310.9M
39.72%322.9M
53.58%266.3M
79.10%247.7M
41.19%856.6M
57.85%313.8M
41.61%231.1M
26.11%173.4M
Net income continuous Operations
20.83%299.3M
33.99%1.15B
-0.92%310.9M
39.72%322.9M
53.58%266.3M
79.10%247.7M
41.19%856.6M
57.85%313.8M
41.61%231.1M
26.11%173.4M
Minority interest income
0
0
0
0
-600.00%-700K
0
400.00%500K
100K
Net income attributable to the parent company
20.83%299.3M
33.89%1.15B
-0.92%310.9M
39.42%322.9M
53.49%266.3M
78.97%247.7M
41.28%857.3M
57.69%313.8M
42.00%231.6M
26.18%173.5M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders
20.83%299.3M
33.89%1.15B
-0.92%310.9M
39.42%322.9M
53.49%266.3M
78.97%247.7M
41.28%857.3M
57.69%313.8M
42.00%231.6M
26.18%173.5M
Basic earnings per share
21.88%0.39
36.11%1.47
2.50%0.41
41.38%0.41
54.55%0.34
88.24%0.32
45.95%1.08
63.93%0.4
45.00%0.29
29.41%0.22
Diluted earnings per share
25.81%0.39
37.74%1.46
0.00%0.4
41.38%0.41
57.14%0.33
82.35%0.31
45.21%1.06
68.07%0.4
52.63%0.29
31.25%0.21
Dividend per share
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
(Q1)Mar 31, 2024(FY)Dec 31, 2023(Q4)Dec 31, 2023(Q3)Sep 30, 2023(Q2)Jun 30, 2023(Q1)Mar 31, 2023(FY)Dec 31, 2022(Q4)Dec 31, 2022(Q3)Sep 30, 2022(Q2)Jun 30, 2022
Total revenue 7.21%1.35B20.09%5.3B10.30%1.42B16.10%1.33B25.50%1.29B32.21%1.26B32.17%4.42B33.15%1.28B32.55%1.15B28.59%1.03B
Operating revenue 7.21%1.35B20.09%5.3B10.30%1.42B16.10%1.33B25.50%1.29B32.21%1.26B32.17%4.42B33.15%1.28B32.55%1.15B28.59%1.03B
Cost of revenue -1.01%304.7M14.04%1.24B6.26%315.9M12.26%317.7M17.94%295.8M21.28%307.8M38.56%1.08B30.22%297.3M34.00%283M34.19%250.8M
Gross profit 9.86%1.05B22.06%4.07B11.51%1.1B17.36%1.02B27.94%997M36.16%954.5M30.22%3.33B34.05%985.7M32.09%866.5M26.88%779.3M
Operating expense 6.79%728.5M19.58%2.83B13.65%715M18.72%714.8M22.95%718M23.79%682.2M23.73%2.37B20.61%629.1M22.70%602.1M24.81%584M
Selling and administrative expenses 4.59%555.5M19.52%2.22B12.46%562.5M19.26%557.9M22.76%565.8M24.61%531.1M24.57%1.86B22.30%500.2M22.17%467.8M27.57%460.9M
-Selling and marketing expense 4.77%501.1M18.97%2.01B11.30%507.4M18.10%504.4M24.16%515.9M23.40%478.3M25.30%1.69B23.99%455.9M23.05%427.1M27.10%415.5M
-General and administrative expense 3.03%54.4M25.03%211.3M24.38%55.1M31.45%53.5M9.91%49.9M36.79%52.8M17.77%169M7.26%44.3M13.69%40.7M31.98%45.4M
Research and development costs 14.49%173M19.79%613.8M18.31%152.5M16.83%156.9M23.33%153.3M20.98%151.1M20.79%512.4M14.48%128.9M24.58%134.3M16.60%124.3M
Other operating expenses ----------------8.33%-1.1M-------------------1.2M
Operating profit 17.55%320.1M28.13%1.24B7.74%384.2M14.26%302.1M42.86%279M81.65%272.3M49.43%965M66.87%356.6M59.95%264.4M33.49%195.3M
Net non-operating interest income expense 73.72%27.1M16,550.00%98.7M445.65%25.1M31,500.00%31.6M1,357.14%26.4M587.50%15.6M94.23%-600K231.43%4.6M102.94%100K36.36%-2.1M
Non-operating interest income 56.31%32.2M587.93%119.7M235.16%30.5M704.35%37M1,216.67%31.6M1,484.62%20.6M286.67%17.4M810.00%9.1M283.33%4.6M100.00%2.4M
Non-operating interest expense 2.00%5.1M16.67%21M20.00%5.4M20.00%5.4M15.56%5.2M11.11%5M20.81%18M0.00%4.5M-2.17%4.5M0.00%4.5M
Other net income (expense) -156.25%-1.8M83.15%-1.5M-10.00%6.3M-3,050.00%-5.9M33.33%-6.2M140.00%3.2M-27.14%-8.9M341.38%7M103.85%200K-565.00%-9.3M
Special income (charges) -8.33%1.1M0.00%4.6M0.00%1.2M0.00%1.1M----9.09%1.2M0.00%4.6M0.00%1.2M0.00%1.1M----
-Less:Other special charges 8.33%-1.1M0.00%-4.6M0.00%-1.2M0.00%-1.1M-----9.09%-1.2M0.00%-4.6M0.00%-1.2M0.00%-1.1M----
Other non- operating income (expenses) -245.00%-2.9M54.81%-6.1M-12.07%5.1M-677.78%-7M33.33%-6.2M121.98%2M-16.38%-13.5M241.46%5.8M85.71%-900K-1,262.50%-9.3M
Income before tax 18.65%345.4M39.58%1.33B12.87%415.6M23.84%327.8M62.70%299.2M109.88%291.1M52.05%955.5M77.62%368.2M68.92%264.7M26.83%183.9M
Income tax 85.45%39.5M366.88%143.8M934.78%95.2M-101.10%-300K1,050.00%27.6M362.96%21.3M118.44%30.8M148.65%9.2M393.55%27.3M-68.00%2.4M
Earnings from equity interest net of tax 70.14%-6.6M38.18%-42.1M78.98%-9.5M17.46%-5.2M34.57%-5.3M-160.00%-22.1M-796.05%-68.1M-841.67%-45.2M-125.00%-6.3M---8.1M
Net income 20.83%299.3M33.99%1.15B-0.92%310.9M39.72%322.9M53.58%266.3M79.10%247.7M41.19%856.6M57.85%313.8M41.61%231.1M26.11%173.4M
Net income continuous Operations 20.83%299.3M33.99%1.15B-0.92%310.9M39.72%322.9M53.58%266.3M79.10%247.7M41.19%856.6M57.85%313.8M41.61%231.1M26.11%173.4M
Minority interest income 0000-600.00%-700K0400.00%500K100K
Net income attributable to the parent company 20.83%299.3M33.89%1.15B-0.92%310.9M39.42%322.9M53.49%266.3M78.97%247.7M41.28%857.3M57.69%313.8M42.00%231.6M26.18%173.5M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders 20.83%299.3M33.89%1.15B-0.92%310.9M39.42%322.9M53.49%266.3M78.97%247.7M41.28%857.3M57.69%313.8M42.00%231.6M26.18%173.5M
Basic earnings per share 21.88%0.3936.11%1.472.50%0.4141.38%0.4154.55%0.3488.24%0.3245.95%1.0863.93%0.445.00%0.2929.41%0.22
Diluted earnings per share 25.81%0.3937.74%1.460.00%0.441.38%0.4157.14%0.3382.35%0.3145.21%1.0668.07%0.452.63%0.2931.25%0.21
Dividend per share
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions --Unqualified Opinion--------Unqualified Opinion------

Analysis

Analyst Rating

No Data

Price Target

No Data

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