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.

Jun '26 Mar '26 Dec '25 Sep '25 Older periods
Revenue
7,527.40 7,109.50 6,799.60 6,554.70

+8 more TTM periods

Cost of Revenue
1,490.10 1,400.30 1,328.90 1,254.20
Gross Profit
6,037.30 5,709.20 5,470.70 5,300.50
R&D Expenses
846.40 830.90 815.50 801.60
SG&A Expenses
2,754.20 2,672.90 2,580.90 2,475.90
Operating Income
2,442.20 2,210.90 2,084.70 2,033.20
Non-operating Income/Expense
180.20 208.60 197.50 216.60
Non-operating Interest Expenses
18.00 19.40 20.10 20.60
EBT
2,622.40 2,419.50 2,282.20 2,249.80
Income Tax Provision
502.50 464.60 439.10 381.00
Income after Tax
2,119.90 1,954.90 1,843.10 1,868.80
Share of Subsidiary Earnings
0.70 10.20 — 4.80
Net Income Common
2,120.70 1,954.50 1,853.40 1,873.60
EPS (Basic)
2.86 2.60 2.44 2.45
Gross Margin
80.20% 80.30% 80.46% 80.87%
EBIT Margin
32.44% 31.10% 30.66% 31.02%
EBT margin
34.84% 34.03% 33.56% 34.32%
Net Profit Margin
28.17% 27.49% 27.26% 28.58%
Free Cash Flow Margin
41.41% 34.26% 32.73% 30.95%
EBITDA
2,944.90 2,691.20 2,539.30 2,463.50
EBIT
2,442.20 2,210.90 2,084.70 2,033.20
EPS (Diluted, from Cont. Ops)
2.84 2.59 2.42 2.43
EPS (Basic, Consolidated)
2.86 2.60 2.45 2.45
EPS (Basic, from Continuous Ops)
2.86 2.60 2.45 2.45
Income from Continuous Operations
2,120.70 1,954.50 1,853.40 1,873.60
Consolidated Net Income/Loss
2,120.70 1,954.50 1,853.40 1,873.60
EBITDA Margin
39.12% 37.85% 37.34% 37.58%
Operating Cash Flow Margin
45.12% 39.45% 38.10% 37.35%

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