FTNT FY 2022 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

FY 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$4.4B+32.2% YoY

Gross Profit

$3.3B75.4% margin

Operating Income

$970M21.9% margin

Net Income

$857M19.4% margin

EPS (Diluted)

$1.06

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.4B

Stock-Based Comp.

$217M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$6.5B

Stockholders' Equity

-$282M

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$3.3B	+32.2%
Gross Profit	$3.3B	$2.6B	+30.2%
Operating Income	$970M	$650M	+49.1%
Net Income	$857M	$607M	+41.3%