Fortinet, Inc.FTNT

Market cap
$46.9B
P/E ratio
40.8x
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
Product-------7899161,2551,7811,927
Service-------1,3681,6782,0872,6373,378
Total revenue5346157701,0091,2751,4951,8012,1562,5943,3424,4175,305
Product-------325352488691764
Service-------181218295394474
Total cost of revenue1471812312873383854505065707831,0851,237
Product-------4645647671,0891,164
Service-------1,1861,4601,7922,2432,904
Total gross profit3864355397229381,1101,3511,6502,0242,5593,3334,068
Research and development81103123158183211245277341424512614
Sales and marketing1792253164706277017829271,0721,3461,6862,006
General and administrative26354172818893102120144169211
Gain on intellectual property matter--------40555
Total operating expenses2863634807088951,0001,1201,3061,4931,9092,3632,827
OPERATING INCOME100725915431102313445326509701,241
INTEREST INCOME5555713274318517120
INTEREST EXPENSE---------151821
OTHER EXPENSE—NET-0-1-3-3-71-7-7-8-12-13-6
INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENTS105766217431242513795426289561,334
PROVISION FOR INCOME TAXES38323691193-8153531431144
LOSS FROM EQUITY METHOD INVESTMENTS----------8-68-42
NET INCOME INCLUDING NON-CONTROLLING INTERESTS---------6078571,148
Net Income (Loss) Attributable to Noncontrolling Interest----------0-1-
NET INCOME ATTRIBUTABLE TO FORTINET, INC.674425832313323274896078571,148
Earnings Per Share, Basic0.420.270.150.050.190.181.961.912.983.721.081.47
Earnings Per Share, Diluted0.40.260.150.050.180.181.911.872.913.631.061.46