Fortinet Revenue, Profits - FTNT Quarterly Income Statement

Add to My Stocks
$65.28 $0.46 (0.7%) FTNT stock closing price Jun 15, 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 decreased from 416.67M to 399M 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 2018 Q1 is $41.6M and the 2018 Q1 revenue is $399M.

View and download details of revenue and profits for Fortinet for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Fortinet Revenues or Net Sales
399M416.67M374.22M363.47M340.58M362.83M316.65M311.39M284.58M296.53M
Cost Of Goods Sold (COGS)97.2M105.43M93.64M95.65M90.56M90.8M84.79M84.5M77.74M81.98M
Fortinet Gross Profit
301.8M311.26M280.56M267.81M250.01M272.06M231.84M226.88M206.82M214.57M
Research & Development Expense59.1M54.79M53.48M51.15M51.19M45.39M47.23M45.5M44.96M42.82M
Selling General & Admin Expense210.3M214.29M193.38M188.15M193.4M179.49M179.12M185.43M167.53M158.88M
Income Before Depreciation Depletion Amortization32.39M42.22M33.69M28.49M5.4M47.17M5.48M-4.04M-5.67M12.87M
Depreciation Depletion Amortization----------
Non Operating Income4.3M2.89M4.21M4.4M2.69M-1.68M1.1M---
Interest Expense----------
Fortinet Pretax Income
36.7M45.09M37.9M32.9M8.1M45.48M6.58M-3.69M-5.23M13.04M
Provision for Income Taxes-4.9M74.04M11.29M9.87M-2.61M14.77M--2.3M-1.8M15.56M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations41.6M-28.96M26.61M23.03M10.72M25.17M6.29M-1.39M-3.43M-2.53M
Extraordinary Items & Discontinued Operations----------
Fortinet Profit/ Loss (Net Income)
41.6M-28.96M26.61M23.03M10.72M25.17M6.29M-1.39M-3.43M-2.53M
Average Shares used to compute Diluted EPS171.8M171.53M178.97M179.7M178.28M176.68M177.94M172.08M171.75M171.83M
Average Shares used to compute Basic EPS167.7M171.53M175.52M175.74M174.49M173.32M173.34M172.08M171.75M171.83M
Income Before Nonrecurring Items29.26M32.04M28M24.44M13M31.74M12.28M4.74M-10.73M4.3M
Income from Nonrecurring Items12.34M-61M-1.39M-1.4M-2.29M-6.57M-5.99M-6.13M7.3M-6.84M
Fortinet Earnings Per Share Basic Net
0.25-0.170.150.130.060.150.04-0.01-0.02-0.01
Fortinet Earnings Per Share Diluted Net
0.24-0.170.150.130.060.140.04-0.01-0.02-0.01
EPS Diluted Before Nonrecurring Items0.170.190.160.140.070.180.070.03-0.060.03
Preferred Dividends Acc Pd----------
Dividends Common0.000.00--------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

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 not 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 healthy 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)
186.51
PS Ratio (price sales ratio)
7.05
Operating Margin
8.1
Net Profit Margin
10.4
Dividend Yield
0%