FTNT Q1 2019 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q1 2019 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$473M+18.4% YoY

Gross Profit

$360M76.1% margin

Operating Income

$51M10.7% margin

Net Income

$59M12.4% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$201M

Free Cash Flow

$191M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.1B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$473M	$399M	+18.4%
Gross Profit	$360M	$302M	+19.2%
Operating Income	$51M	$32M	+56.2%
Net Income	$59M	$42M	+41.3%

Revenue Segments

Security Subscription

$170M36%

Product

$163M34%

Technical Support and Other

$140M30%

Geographic Segments

Americas

$201M42%

Europe, Middle East and Africa

$177M37%

Asia Pacific and Japan

$95M20%