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Fortinet Inc (FTNT)

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92.04 +8.36    +9.99%
08/11 - Closed. Currency in USD
After Hours
91.99
-0.07
-0.08%
0:57:05 - Real-time Data
  • Volume: 13,790,376
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 84.26 - 92.53
Type:  Equity
Market:  United States
Fortinet 92.04 +8.36 +9.99%

Fortinet (NASDAQ:FTNT) Annual Report

 
This summary provides an overview of the most significant critical numbers from each of the Fortinet financial reports, including the Fortinet Inc income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NASDAQ:FTNT financials over time via breakdowns of their annual reports. Advanced annual reports and additional financial summaries (including visual charts) are available to users with an InvestingPro account.

Fortinet, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 1,434.3 million compared to USD 1,292.8 million a year ago. Net income was USD 379.8 million compared to USD 266.3 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.33 a year ago.For the six months, revenue was USD 2,787.6 million compared to USD 2,555.1 million a year ago. Net income was USD 679.1 million compared to USD 514 million a year ago. Basic earnings per share from continuing operations was USD 0.89 compared to USD 0.66 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 0.65 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

%SHORT_NAME% (FTNT) Income Statement & Profits

Gross margin TTM 79.71%
Operating margin TTM 28.19%
Net Profit margin TTM 26.79%
Return on Investment TTM 91.33%
 Total Revenue  Net Income
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Total Revenue 1508.1 1434.3 1353.3 1415.1
Gross Profit 1244.7 1159.3 1048.6 1099.2
Operating Income 469.8 436 320.1 384.2
Net Income 539.9 379.8 299.3 310.9

FTNT Annual Report (Balance Sheet)

Quick Ratio MRQ 1.22
Current Ratio MRQ 1.34
LT Debt to Equity MRQ 109.44%
Total Debt to Equity MRQ 109.44%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Total Assets 8852 8052.9 7662.1 7258.9
Total Liabilities 7943.9 7764.7 7799.6 7722.3
Total Equity 908.1 288.2 -137.5 -463.4

%SHORT_NAME% (FTNT) Latest Cash Flow Statement

Cash Flow/Share TTM 2.58
Revenue/Share TTM 7.47
Operating Cash Flow  15.66%
 Cash  Net Change in Cash
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 608.1 342 830.4 191.7
Cash From Investing Activities -327.1 -50.1 -270.3 -71.6
Cash From Financing Activities 3 -14 -30.3 -910.1
Net Change in Cash 286.1 276.9 528.4 -788.9
* In Millions of USD (except for per share items)
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Fortinet (FTNT) Price Discussion

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Robin Hood
Guitarman Jan 13, 2022 9:31
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Despite bullish factors, FTNT has moved below its long-term trend, resulting in a Power Gauge rating of Neutral+.
RM RM
RM RM Sep 01, 2021 13:57
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Very very bullish buy NOWWWW
RM RM
RM RM Jul 23, 2021 10:44
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It will fly !!!!! Bullish bullish
Oc Masai
Oc Masai Jun 16, 2021 18:44
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Green back Thanks you
Oc Masai
Oc Masai May 15, 2021 6:45
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Bullish thanks you
Liew ST
Liew ST Feb 28, 2021 15:27
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2021.01.16 @ $165. Rec by GS in 24/6. Tgt $179. Consensus $168
Danel Iriarte
Danel Iriarte Jul 14, 2020 9:42
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Bloody
 
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