FTNT Q2 2019 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q2 2019 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$522M+18.2% YoY

Gross Profit

$393M75.4% margin

Operating Income

$75M14.4% margin

Net Income

$73M13.9% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$195M

Free Cash Flow

$178M

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.2B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$522M	$441M	+18.2%
Gross Profit	$393M	$328M	+19.9%
Operating Income	$75M	$51M	+48.3%
Net Income	$73M	$49M	+47.5%

Revenue Segments

Product

$190M36%

Security Subscription

$183M35%

Technical Support and Other

$149M29%

Geographic Segments

Americas

$226M43%

Europe, Middle East and Africa

$192M37%

Asia Pacific and Japan

$104M20%