Fortinet, Inc. FTNT

173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more quarters

1,724.90 1,905.00 1,849.60 2,047.90
Revenue Growth
14.38% 14.75% 20.13% 25.64%
Cost of Revenue
331.70 389.20 364.50 404.70
Gross Profit
1,393.20 1,515.80 1,485.10 1,643.20
R&D Expenses
202.40 205.00 214.00 225.00
SG&A Expenses
644.90 686.60 692.50 730.20
Operating Income
547.30 625.60 580.00 689.30
Non-operating Interest Expenses
6.20 4.40 4.20 3.20
Non-operating Income/Expense
47.50 25.20 76.60 30.90
EBT
594.80 650.80 656.60 720.20
Income Tax Provision
120.70 144.80 122.00 115.00
Income after Tax
474.10 506.00 534.60 605.20
Share of Subsidiary Earnings
(0.20) — (0.10) 1.10
Net Income Common
473.90 506.00 534.50 606.30
EPS (Basic)
0.63 0.68 0.72 0.83
EPS (Diluted)
0.62 0.68 0.72 0.82
Shares (Basic, Weighted)
755.50 758.00 738.80 733.10
Shares (Diluted, Weighted)
761.20 764.60 742.80 739.90
Gross Margin
80.77% 79.57% 80.29% 80.24%
EBIT Margin
31.73% 32.84% 31.36% 33.66%
EBT margin
34.48% 34.16% 35.50% 35.17%
Net Profit Margin
27.47% 26.56% 28.90% 29.61%
EBITDA
663.80 749.00 709.20 822.90
EBIT
547.30 625.60 580.00 689.30
Income from Continuous Operations
473.90 506.00 534.50 606.30
Consolidated Net Income/Loss
473.90 506.00 534.50 606.30
EPS (Basic, from Continuous Ops)
0.63 0.68 0.72 0.83
EPS (Diluted, from Cont. Ops)
0.62 0.67 0.72 0.82
EPS (Basic, Consolidated)
0.63 0.68 0.72 0.83
EPS (Diluted, Consolidated)
0.62 0.67 0.72 0.82
Shares (Diluted, Average)
761.20 748.00 742.80 739.90
EBITDA Margin
38.48% 39.32% 38.34% 40.18%
Operating Cash Flow Margin
37.98% 32.56% 58.23% 50.96%

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In millions of $ except per-share values · columns are period end dates