FTNT - Fortinet, Inc.
NASDAQ
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Technology
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Software—Infrastructure
Sunnyvale,
United States
Type: Equity
FTNT price evolution
FTNT
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $2203.2 | $1926.3 | $1397.9 | |
| Short term investments | $1136.1 | $1096.8 | $1042.5 | |
| Net receivables | $1044.1 | $1083.4 | $996.2 | $1402 |
| Inventory | $354.3 | $383.2 | $439.5 | $484.8 |
| Total current assets | $5220.6 | $4919.3 | $4559.7 | $4428.3 |
| Long term investments | ||||
| Property, plant & equipment | $1273.4 | $1242.7 | $1247.4 | $1044.4 |
| Goodwill & intangible assets | $158.1 | $163.1 | $161.8 | |
| Total noncurrent assets | $3133.6 | $3102.4 | $2830.6 | |
| Total investments | $1136.1 | $1096.8 | $1042.5 | |
| Total assets | $8852 | $8052.9 | $7662.1 | $7258.9 |
| Current liabilities | ||||
| Accounts payable | $177.9 | $132.1 | $135.2 | $204.3 |
| Deferred revenue | $5896.2 | $5789.9 | $5735 | |
| Short long term debt | ||||
| Total current liabilities | $3883.9 | $3725.3 | $3800.4 | $3719 |
| Long term debt | $993.8 | $993.3 | $992.8 | $992.3 |
| Total noncurrent liabilities | $4039.4 | $3999.2 | $4003.3 | |
| Total debt | $993.3 | $992.8 | $992.3 | |
| Total liabilities | $7943.9 | $7764.7 | $7799.6 | $7722.3 |
| Shareholders' equity | ||||
| Retained earnings | -$643.3 | -$1182.6 | -$1562.4 | -$1861.7 |
| Other shareholder equity | -$18 | -$29 | -$24.8 | -$18.9 |
| Total shareholder equity | $288.2 | -$137.5 | -$463.4 | |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1397.9 | $1682.9 | $1319.1 | $1061.8 |
| Short term investments | $1042.5 | $528.1 | $1232.6 | $775.5 |
| Net receivables | $1402 | $1261.7 | $807.7 | $720 |
| Inventory | $484.8 | $264.6 | $175.8 | $139.8 |
| Total current assets | $4428.3 | $3810.4 | $3600.6 | $2740.4 |
| Long term investments | $45.5 | $440.8 | $118.3 | |
| Property, plant & equipment | $1044.4 | $898.5 | $687.6 | $448 |
| Goodwill & intangible assets | $161.8 | $184 | $188.7 | $124.6 |
| Total noncurrent assets | $2830.6 | $2417.6 | $2318.5 | $1304.1 |
| Total investments | $1042.5 | $573.6 | $1673.4 | $893.8 |
| Total assets | $7258.9 | $6228 | $5919.1 | $4044.5 |
| Current liabilities | ||||
| Accounts payable | $204.3 | $243.4 | $148.4 | $141.6 |
| Deferred revenue | $5735 | $4640.3 | $3452.9 | $2605.3 |
| Short long term debt | ||||
| Total current liabilities | $3719 | $3078.4 | $2318.1 | $1829.5 |
| Long term debt | $992.3 | $990.4 | $988.4 | |
| Total noncurrent liabilities | $4003.3 | $3431.2 | $2802.6 | $1359 |
| Total debt | $992.3 | $990.4 | $988.4 | |
| Total liabilities | $7722.3 | $6509.6 | $5120.7 | $3188.5 |
| Shareholders' equity | ||||
| Retained earnings | -$1861.7 | -$1546.4 | -$467.9 | -$352.1 |
| Other shareholder equity | -$18.9 | -$20.2 | -$4.8 | $0.7 |
| Total shareholder equity | -$463.4 | -$281.6 | $781.7 | $856 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1508.1 | $1434.3 | $1353.3 | |
| Cost of revenue | $275 | $304.7 | ||
| Gross Profit | $1244.7 | $1159.3 | $1048.6 | |
| Operating activities | ||||
| Research & development | $165.4 | $173 | ||
| Selling, general & administrative | $557.9 | $555.5 | ||
| Total operating expenses | $774.9 | $722.1 | $727.4 | |
| Operating income | $437.2 | $321.2 | ||
| Income from continuing operations | ||||
| EBIT | $461.3 | $343.9 | ||
| Income tax expense | $81.2 | $76.5 | $39.5 | |
| Interest expense | $37.4 | $5 | $5.1 | |
| Net income | ||||
| Net income | $539.9 | $379.8 | $299.3 | |
| Income (for common shares) | $379.8 | $299.3 | ||
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $113.4 | $4417.4 | $2594.4 | |
| Cost of revenue | $1084.9 | $570 | ||
| Gross Profit | $4067.6 | $3332.5 | $2024.4 | |
| Operating activities | ||||
| Research & development | $512.4 | $341.4 | ||
| Selling, general & administrative | $1855.1 | $1191.4 | ||
| Total operating expenses | -$649.3 | $2362.9 | $1492.6 | |
| Operating income | $969.6 | $531.8 | ||
| Income from continuing operations | ||||
| EBIT | $906.1 | $541.7 | ||
| Income tax expense | $143.8 | $30.8 | $53.2 | |
| Interest expense | $1935.5 | $18 | ||
| Net income | ||||
| Net income | $1147.8 | $857.3 | $488.5 | |
| Income (for common shares) | $857.3 | $488.5 | ||
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Net income | $379.8 | $299.3 | ||
| Operating activities | ||||
| Depreciation | $29.2 | $28.6 | ||
| Business acquisitions & disposals | -$5.7 | |||
| Stock-based compensation | $63.9 | $62.3 | ||
| Total cash flows from operations | $342 | $830.4 | ||
| Investing activities | ||||
| Capital expenditures | -$23.1 | -$221.9 | ||
| Investments | -$27 | -$42.7 | ||
| Total cash flows from investing | -$647.5 | -$50.1 | -$270.3 | -$649.3 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $6.2 | $13.4 | ||
| Net borrowings | ||||
| Total cash flows from financing | -$41.3 | -$14 | -$30.3 | -$1570.4 |
| Effect of exchange rate | -$0.3 | -$1 | -$1.4 | -$0.8 |
| Change in cash and equivalents | $1091.4 | $276.9 | $528.4 | -$285 |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $857.3 | $606.8 | $488.5 | |
| Operating activities | ||||
| Depreciation | $104.3 | $84.4 | $68.8 | |
| Business acquisitions & disposals | -$30.8 | -$74.9 | -$40.2 | |
| Stock-based compensation | $217.3 | $207.9 | $191.7 | |
| Total cash flows from operations | $1730.6 | $1499.7 | $1083.7 | |
| Investing activities | ||||
| Capital expenditures | -$281.2 | -$295.9 | -$125.9 | |
| Investments | $1075.9 | -$954.7 | $92 | |
| Total cash flows from investing | -$649.3 | $763.9 | -$1325.1 | -$72.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$1965.1 | -$715.8 | -$1058 | |
| Net borrowings | $967.5 | -$4.1 | ||
| Total cash flows from financing | -$1570.4 | -$2130.3 | $82.8 | -$1171.6 |
| Effect of exchange rate | -$0.8 | -$0.4 | -$0.1 | |
| Change in cash and equivalents | -$285 | $363.8 | $257.3 | -$160.7 |
News
Fundamentals
| Market cap | $71.99B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 765.70M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 13.00% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | -16.66 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.34 |
| Quick ratio | 1.25 |