Fortinet Inc (FTNT)

53.60 +0.81 (+1.53%)
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53.66 +0.06 (+0.11%)

FTNT Financial Summary

Fortinet, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 1,334.6 million compared to USD 1,149.5 million a year ago. Net income was USD 322.9 million compared to USD 231.6 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.29 a year ago.For the nine months, revenue was USD 3,889.7 million compared to USD 3,134.4 million a year ago. Net income was USD 836.9 million compared to USD 543.5 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 0.68 a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to USD 0.67 a year ago.
TTM
Trailing Twelve Months
MRQ
Most Recent Quarter
FTNT
Gross margin TTM 76.44%
Operating margin TTM 23.37%
Net Profit margin TTM 22.25%
Return on Investment TTM 0%
Total Revenue
Net Income
Title
Sep 30, 2023
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Total Revenue 1,334.60 1,292.80 1,262.30 1,283
Gross Profit 1,016.90 997 954.50 985.70
Operating Income 302.10 277.90 272.30 356.60
Net Income 322.90 266.30 247.70 313.80
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FTNT
Quick Ratio MRQ 1.15
Current Ratio MRQ 1.3
LT Debt to Equity MRQ 1,338.46%
Total Debt to Equity MRQ 1,425.64%
Total Assets
Total Liabilities
Title
Sep 30, 2023
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Total Assets 7,479.30 7,486.10 6,832.30 6,228
Total Liabilities 7,405.20 7,164.90 6,820.90 6,509.60
Total Equity 74.10 321.20 11.40 -281.60
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FTNT
Cash Flow/Share TTM 2.89
Revenue/Share TTM 6.59
Operating Cash Flow 15.11%
Cash
Net Change in Cash
Title
Sep 30, 2023
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Cash From Operating Activities 551.20 515.10 677.50 528.10
Cash From Investing Activities -111.20 -424.10 -42.40 217.40
Cash From Financing Activities -628.90 -17.70 -13.70 -27.40
Net Change in Cash -189.50 72.10 621.30 718.90
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* In Millions of USD (except for per share items)

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