FTNT | Fortinet, Inc. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Revenue	5.30B	4.42B	3.34B	2.59B	2.16B	1.80B	1.49B	1.28B	1.01B	770.36M	615.30M	533.64M	433.58M	324.70M	252.12M	211.79M	155.37M	123.47M
Cost of Revenue	1.24B	1.08B	783.00M	570.00M	505.90M	450.40M	385.28M	337.84M	286.78M	231.01M	180.64M	147.42M	113.60M	85.21M	69.97M	65.47M	56.65M	40.96M
Gross Profit	4.07B	3.33B	2.56B	2.02B	1.65B	1.35B	1.11B	937.61M	722.49M	539.36M	434.65M	386.22M	319.98M	239.49M	182.14M	146.32M	98.71M	82.50M
Operating Expenses	2.83B	2.37B	1.91B	1.53B	1.31B	1.12B	999.50M	890.66M	700.01M	480.03M	362.56M	285.74M	231.07M	184.15M	156.81M	141.39M	120.29M	88.50M
Selling, General & Admin	2.22B	1.86B	1.49B	1.19B	1.03B	875.30M	788.89M	707.58M	541.88M	357.15M	259.90M	204.67M	167.50M	134.35M	114.61M	104.36M	92.70M	67.05M
Research & Development	613.80M	512.40M	424.20M	341.40M	277.10M	244.50M	210.61M	183.08M	158.13M	122.88M	102.66M	81.08M	63.58M	49.80M	42.20M	37.03M	27.59M	21.45M
Other Operating Expenses	N/A	-8.90M	-7.00M	32.40M	-7.50M	-6.60M	708.00K	-7.10M	-3.17M	-3.17M	-1.46M	-485.00K	N/A	N/A	N/A	1.71M	-1.99M	-503.00K
Operating Income	1.24B	969.60M	650.40M	531.80M	344.20M	231.00M	109.80M	42.94M	14.88M	59.32M	72.09M	100.47M	88.90M	55.34M	25.33M	4.93M	-21.58M	-6.00M
Other Expenses / Income	92.60M	-14.10M	-22.00M	9.90M	35.00M	19.90M	14.19M	248.00K	2.13M	2.23M	3.85M	4.52M	3.17M	1.00M	2.18M	4.32M	1.52M	1.87M
Before Tax Income	1.33B	955.50M	628.40M	541.70M	379.20M	250.90M	123.99M	43.15M	17.00M	61.55M	75.94M	105.00M	92.07M	56.34M	27.51M	9.25M	-20.06M	-4.12M
Income Tax Expenses	143.80M	30.80M	14.10M	53.20M	52.70M	-81.30M	92.59M	10.96M	9.02M	36.21M	31.67M	38.16M	29.58M	15.10M	-32.67M	1.89M	1.78M	1.22M
Net Income	1.15B	857.30M	606.80M	488.50M	326.50M	332.20M	31.40M	32.19M	7.99M	25.34M	44.27M	66.84M	62.49M	41.24M	60.18M	7.36M	-21.84M	-5.34M
Interest Expenses	21.00M	18.00M	14.90M	N/A	N/A	26.50M	13.48M	7.30M	5.29M	5.39M	5.31M	5.01M	3.52M	1.81M	1.98M	2.61M	3.51M	2.38M
Basic Shares Outstanding	778.60M	791.40M	816.00M	821.00M	855.00M	845.50M	871.58M	863.00M	851.92M	819.15M	812.17M	790.37M	762.90M	703.63M	263.34M	200.17M	574.93M	574.93M
Diluted Shares Outstanding	788.20M	805.30M	835.50M	838.50M	875.00M	871.00M	890.39M	881.50M	880.71M	846.45M	840.91M	831.64M	818.90M	782.03M	652.19M	266.42M	671.22M	671.22M
EBITDA	1.47B	1.08B	727.70M	560.40M	412.60M	286.70M	179.47M	91.67M	55.77M	81.35M	87.71M	112.04M	88.90M	61.04M	31.27M	9.16M	-17.42M	-2.49M
EBITDA Margin	27.67%	24.40%	21.77%	21.60%	19.14%	15.92%	12.01%	7.19%	5.53%	10.56%	14.26%	21.00%	20.50%	18.80%	12.40%	4.33%	-11.21%	-2.02%
EBIT	1.31B	906.10M	635.80M	541.70M	379.20M	277.40M	137.48M	50.45M	22.30M	66.94M	81.25M	110.00M	95.60M	58.16M	29.49M	11.87M	-16.55M	-1.75M
EBIT Margin	24.74%	20.51%	19.02%	20.88%	17.59%	15.40%	9.20%	3.96%	2.21%	8.69%	13.20%	20.61%	22.05%	17.91%	11.70%	5.60%	-10.65%	-1.42%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31