US Stock MarketDetailed Quotes

FTNT Fortinet

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  • 69.690
  • +1.010+1.47%
Close Aug 9 16:00 ET
  • 69.600
  • -0.090-0.13%
Post 20:01 ET
53.31BMarket Cap41.24P/E (TTM)

Fortinet Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q2)Jun 30, 2024
(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
Total revenue
10.95%1.43B
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
Operating revenue
10.95%1.43B
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
Cost of revenue
-7.03%275M
-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
Gross profit
16.28%1.16B
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
Operating expense
0.57%722.1M
6.81%727.4M
19.62%2.83B
13.68%713.8M
18.75%713.7M
22.95%718M
23.82%681M
23.79%2.36B
20.66%627.9M
22.75%601M
Selling and administrative expenses
-1.40%557.9M
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
-Selling and marketing expense
-2.83%501.3M
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
-General and administrative expense
13.43%56.6M
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
Research and development costs
7.89%165.4M
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
Other operating expenses
-9.09%-1.2M
8.33%-1.1M
0.00%-4.6M
0.00%-1.2M
0.00%-1.1M
8.33%-1.1M
-9.09%-1.2M
0.00%-4.6M
0.00%-1.2M
0.00%-1.1M
Operating profit
56.70%437.2M
17.44%321.2M
28.00%1.24B
7.71%385.4M
14.20%303.2M
42.86%279M
81.13%273.5M
49.08%969.6M
66.50%357.8M
59.56%265.5M
Net non-operating interest income expense
26.14%33.3M
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
Non-operating interest income
21.20%38.3M
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
Non-operating interest expense
-3.85%5M
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
Other net income (expense)
64.52%-2.2M
-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
Other non- operating income (expenses)
64.52%-2.2M
-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
Income before tax
56.52%468.3M
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
Income tax
177.17%76.5M
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
Earnings from equity interest net of tax
-126.42%-12M
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
Net income
42.62%379.8M
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
Net income continuous Operations
42.62%379.8M
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
Minority interest income
0
0
0
-600.00%-700K
0
400.00%500K
Net income attributable to the parent company
42.62%379.8M
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
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders
42.62%379.8M
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
Basic earnings per share
47.06%0.5
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
Diluted earnings per share
48.48%0.49
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
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
--
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(Q2)Jun 30, 2024(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
Total revenue 10.95%1.43B7.21%1.35B20.09%5.3B10.30%1.42B16.10%1.33B25.50%1.29B32.21%1.26B32.17%4.42B33.15%1.28B32.55%1.15B
Operating revenue 10.95%1.43B7.21%1.35B20.09%5.3B10.30%1.42B16.10%1.33B25.50%1.29B32.21%1.26B32.17%4.42B33.15%1.28B32.55%1.15B
Cost of revenue -7.03%275M-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%283M
Gross profit 16.28%1.16B9.86%1.05B22.06%4.07B11.51%1.1B17.36%1.02B27.94%997M36.16%954.5M30.22%3.33B34.05%985.7M32.09%866.5M
Operating expense 0.57%722.1M6.81%727.4M19.62%2.83B13.68%713.8M18.75%713.7M22.95%718M23.82%681M23.79%2.36B20.66%627.9M22.75%601M
Selling and administrative expenses -1.40%557.9M4.59%555.5M19.52%2.22B12.46%562.5M19.26%557.9M22.76%565.8M24.61%531.1M24.57%1.86B22.30%500.2M22.17%467.8M
-Selling and marketing expense -2.83%501.3M4.77%501.1M18.97%2.01B11.30%507.4M18.10%504.4M24.16%515.9M23.40%478.3M25.30%1.69B23.99%455.9M23.05%427.1M
-General and administrative expense 13.43%56.6M3.03%54.4M25.03%211.3M24.38%55.1M31.45%53.5M9.91%49.9M36.79%52.8M17.77%169M7.26%44.3M13.69%40.7M
Research and development costs 7.89%165.4M14.49%173M19.79%613.8M18.31%152.5M16.83%156.9M23.33%153.3M20.98%151.1M20.79%512.4M14.48%128.9M24.58%134.3M
Other operating expenses -9.09%-1.2M8.33%-1.1M0.00%-4.6M0.00%-1.2M0.00%-1.1M8.33%-1.1M-9.09%-1.2M0.00%-4.6M0.00%-1.2M0.00%-1.1M
Operating profit 56.70%437.2M17.44%321.2M28.00%1.24B7.71%385.4M14.20%303.2M42.86%279M81.13%273.5M49.08%969.6M66.50%357.8M59.56%265.5M
Net non-operating interest income expense 26.14%33.3M73.72%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%100K
Non-operating interest income 21.20%38.3M56.31%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%4.6M
Non-operating interest expense -3.85%5M2.00%5.1M16.67%21M20.00%5.4M20.00%5.4M15.56%5.2M11.11%5M20.81%18M0.00%4.5M-2.17%4.5M
Other net income (expense) 64.52%-2.2M-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
Other non- operating income (expenses) 64.52%-2.2M-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
Income before tax 56.52%468.3M18.65%345.4M39.58%1.33B12.87%415.6M23.84%327.8M62.70%299.2M109.88%291.1M52.05%955.5M77.62%368.2M68.92%264.7M
Income tax 177.17%76.5M85.45%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
Earnings from equity interest net of tax -126.42%-12M70.14%-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
Net income 42.62%379.8M20.83%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%231.1M
Net income continuous Operations 42.62%379.8M20.83%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%231.1M
Minority interest income 000-600.00%-700K0400.00%500K
Net income attributable to the parent company 42.62%379.8M20.83%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%231.6M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders 42.62%379.8M20.83%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%231.6M
Basic earnings per share 47.06%0.521.88%0.3936.11%1.472.50%0.4141.38%0.4154.55%0.3488.24%0.3245.95%1.0863.93%0.445.00%0.29
Diluted earnings per share 48.48%0.4925.81%0.3937.74%1.460.00%0.441.38%0.4157.14%0.3382.35%0.3145.21%1.0668.07%0.452.63%0.29
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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