FTNTFortinet, Inc.

$62B

Q2 2018 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$441M+21.4% YoY

Gross Profit

$328M74.4% margin

Operating Income

$51M11.5% margin

Net Income

$49M11.2% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+10.6%

Cash Flow

Operating Cash Flow

$142M

Free Cash Flow

$131M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.8B

Stockholders' Equity

$780M

Cash & Equivalents

$972M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$441M	$364M	+21.4%
Gross Profit	$328M	$268M	+22.6%
Operating Income	$51M	$29M	+77.9%
Net Income	$49M	$23M	+114.3%

Revenue Segments

Security Subscription

$147M53%

Technical Support and Other

$116M42%

Service

$12M4%

Geographic Segments

Americas

$189M43%

Europe, Middle East and Africa

$164M37%

Asia Pacific and Japan

$88M20%

FTNT Q2 2018 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena