Last quarter (Q4 2023), Fortinet's total revenue was $1.42B, an increase of 90.48% from the same quarter last year. In Q4, Fortinet's net income was $317.70M. See Fortinet’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 4.83B	$ 5.30B	$ 4.42B	$ 2.09B	$ 2.59B	$ 2.16B
Cost of Revenue	$ 1.12B	$ 1.24B	$ 1.08B	$ 487.70M	$ 570.00M	$ 505.90M
Gross Profit	$ 3.77B	$ 4.07B	$ 3.33B	$ 1.79B	$ 2.02B	$ 1.66B
Operating Expense	$ 2.83B	$ 2.83B	$ -2.37B	$ 1.91B	$ 1.53B	$ 1.31B
Operating Income	$ 1.24B	$ 1.24B	$ 965.00M	$ 650.40M	$ 491.60M	$ 351.00M
Net Non Operating Interest Income Expense	$ 31.20M	$ -21.00M	$ -600.00K	$ -10.40M	$ 17.70M	$ 42.50M
Other Income Expense	$ -19.30M	$ -71.50M	$ 8.90M	$ 19.20M	$ 32.40M	$ -7.50M
Pretax Income	$ 1.31B	$ 1.33B	$ 955.50M	$ 628.40M	$ 541.70M	$ 386.00M
Tax Provision	$ 143.80M	$ 143.80M	$ 30.80M	$ 14.10M	$ 53.20M	$ 54.30M
Earnings From Equity Interest Net Of Tax	$ -42.10M	$ -42.10M	-	$ -7.60M	$ 0.00	-
Net Income Common Stockholders	$ 1.15B	$ 1.15B	$ 857.30M	$ 606.80M	$ 488.50M	$ 331.70M
Basic EPS	$ 1.48	$ 1.47	$ 1.08	$ 0.74	$ 2.98	$ 1.91
Diluted EPS	$ 1.45	$ 1.46	$ 1.06	$ 0.73	$ 2.91	$ 1.87
Basic Average Shares	$ 3.11B	$ 778.60M	$ 791.40M	$ 816.00M	$ 164.20M	$ 171.00M
Diluted Average Shares	$ 3.15B	$ 788.20M	$ 805.30M	$ 835.50M	$ 167.70M	$ 175.00M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	$ 3.35	$ 2.47
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 3.94B	$ 4.06B	$ 3.45B	$ 2.40B	$ 2.10B	$ 1.81B
Net Income From Continuing And Discontinued Operation	$ 1.15B	$ 1.15B	$ 857.30M	$ 606.80M	$ 488.50M	$ 331.70M
Normalized Income	$ 892.19M	$ 1.05B	$ 754.85M	-	$ 488.50M	$ 331.70M
Interest Expense	-	-	-	-	$ 0.00	-
EBIT	$ 1.32B	$ 1.34B	$ 957.50M	$ 634.90M	$ 541.70M	$ 351.00M
EBITDA	$ 1.40B	$ 1.42B	$ 1.07B	$ 726.20M	$ 610.50M	$ 412.60M

Currency in USD

Fortinet Earnings and Revenue History

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