RankingsPricing
  1. US-listed companies
  2. Fortinet, Inc.
  3. Raw

Fortinet, Inc.FTNT

Market cap
$63.4B
P/E ratio
SummaryFinancials
Back to summarized table
Dec 31,
2012		Dec 31,
2013		Dec 31,
2014		Dec 31,
2015		Dec 31,
2016		Dec 31,
2017		Dec 31,
2018		Dec 31,
2019		Dec 31,
2020		Dec 31,
2021		Dec 31,
2022		Dec 31,
2023		Dec 31,
2024
Net income including non-controlling interests---------6078571,1481,745
Stock-based compensation31445995122137163174192208217249258
Amortization of deferred contract costs------91108137176223266294
Depreciation and amortization12162232495556626984104113123
Amortization of investment premiums (discounts)-13-12-9-7-5-316-1-7-42849
Loss from equity method investments----------8-68-42-29
Gain on bargain purchase------------106
Other-1-1-4-3-3-41-6-6-8-24-1815
Accounts receivable—net12225666583882971767345714645
Inventory1135321943-933494219109254-131
Prepaid expenses and other current assets-11163-37-4231882814
Deferred contract costs--------205295318354311
Deferred tax assets919-93028-36128-181194226302223
Other assets-2-11-1214151935-1811
Accounts payable11018-301315837-13105-43-10
Accrued liabilities0271-31415-1465055137-107
Accrued payroll and compensation56111116134-343442523-
Other liabilities---2-5-5-1-010-124-22-8
Deferred revenue--------1624968391,1781,095578
Net cash provided by operating activities1841471972833465946398081,0841,5001,7311,9362,258
Purchases of investments---------2,3083891,8561,949
Sales of investments---------86341
Maturities of investments4153704584864604275799261,0191,4701,4621,4151,892
Purchases of property and equipment22143237671355392126296281204379
Purchases of investments in privately held companies---------160-9-
Payments made in connection with business combinations, net of cash acquired1803822-2235407531-276
Purchases of marketable equity securities---------43--17
Other---------1-0--0-0
Net cash provided by (used in) investing activities-183-147-29-1-74-77-135-502-73-1,325764-649-727
Repurchase and retirement of common stock-3444601114462121451,0807421,9911,5011
Proceeds from issuance of common stock38265567457687502226264463
Taxes paid related to net share settlement of equity awards-1112938456796108168160113101
Other--------0-1-1-5-1-12
Net cash used in financing activities50-61-22-106-416-203-196-1,17283-2,130-1,570-50
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS----------0-0-1-3
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS---------161257364-2851,478
Income Taxes Paid, Net172541192732415940127260426579
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability-------202340661939
Transfers of Evaluation Units from Inventory to Property and Equipment---17212122212116173236
Capital Expenditures Incurred but Not yet Paid04310888163122212423
Share Repurchase Program, Excise Tax-----------11-
Liability incurred in connection with business combinations-------3011-6