FTNT Q1 2018 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q1 2018 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$399M+17.1% YoY

Gross Profit

$302M75.6% margin

Operating Income

$32M8.1% margin

Net Income

$42M10.4% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$140M

Free Cash Flow

$128M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.7B

Stockholders' Equity

$694M

Cash & Equivalents

$836M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$399M	$341M	+17.1%
Gross Profit	$302M	$250M	+20.7%
Operating Income	$32M	$5M	+500.0%
Net Income	$42M	$11M	+288.8%

Revenue Segments

Security Subscription

$137M53%

Technical Support and Other

$110M43%

Service

$10M4%

Geographic Segments

Americas

$176M44%

Europe, Middle East and Africa

$145M36%

Asia Pacific and Japan

$79M20%