Fortinet Revenue, Profits - FTNT Quarterly Income Statement

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$53.78 $0.43 (0.81%) FTNT stock closing price Mar 20, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Fortinet stock price alone is not sufficient. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 374.22M to 416.67M and how operating and non operating activities have impacted the FTNT stock. Along with Fortinet assets and Fortinet free cash flow, Fortinet profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 Q4 is $-28.96M and the 2017 Q4 revenue is $416.67M.

View and download details of revenue and profits for Fortinet for latest & last 40 quarters.
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Fortinet Revenues or Net Sales
Cost Of Goods Sold (COGS)105.42M93.64M95.65M90.56M90.8M84.79M84.5M77.74M81.98M71.7M
Fortinet Gross Profit
Research & Development Expense54.77M53.48M51.15M51.19M45.39M47.23M45.5M44.96M42.82M42.11M
Selling General & Admin Expense214.28M193.38M188.15M193.4M179.49M179.12M185.43M167.53M158.88M148.09M
Income Before Depreciation Depletion Amortization42.2M33.69M28.49M5.4M47.17M5.48M-4.04M-5.67M12.87M-1.84M
Depreciation Depletion Amortization----------
Non Operating Income2.88M4.21M4.4M2.69M-1.68M1.1M----
Interest Expense----------
Fortinet Pretax Income
Provision for Income Taxes74.04M11.29M9.87M-2.61M14.77M--2.3M-1.8M15.56M-9.32M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-28.96M26.61M23.03M10.72M25.17M6.29M-1.39M-3.43M-2.53M8.17M
Extraordinary Items & Discontinued Operations----------
Fortinet Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS171.53M178.97M179.7M178.28M176.68M177.94M172.08M171.75M171.83M177.9M
Average Shares used to compute Basic EPS171.53M175.52M175.74M174.49M173.32M173.34M172.08M171.75M171.83M171.65M
Income Before Nonrecurring Items32.04M28M24.44M13M31.74M12.28M4.74M-10.73M4.3M6.99M
Income from Nonrecurring Items-61M-1.39M-1.4M-2.29M-6.57M-5.99M-6.13M7.3M-6.84M1.18M
Fortinet Earnings Per Share Basic Net
Fortinet Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.
Preferred Dividends Acc Pd----------
Dividends Common0.000.00--------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.
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Fortinet stock analysis involves checking at least a few of the important things like:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Fortinet revenue chart, implies that the company is growing. It has been the case with Fortinet. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. FTNT stock had a poor bottom line growth.

The income statement is also called the profit and loss statement. Apart from the FTNT income statement, one can check the Fortinet historical stock prices to check how the price has moved with time.

Fortinet Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
PS Ratio (price sales ratio)
Operating Margin
Dividend Yield