FTNT FY 2024 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

FY 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$6.0B+12.3% YoY

Gross Profit

$4.8B80.6% margin

Operating Income

$1.8B30.3% margin

Net Income

$1.7B29.3% margin

EPS (Diluted)

$2.26

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

$1.9B

Stock-Based Comp.

$258M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$8.3B

Stockholders' Equity

$1.5B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$5.3B	+12.3%
Gross Profit	$4.8B	$4.1B	+18.0%
Operating Income	$1.8B	$1.2B	+45.3%
Net Income	$1.7B	$1.1B	+52.0%