FTNT Q2 2020 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q2 2020 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$618M+18.4% YoY

Gross Profit

$483M78.1% margin

Operating Income

$119M19.2% margin

Net Income

$114M18.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$247M

Free Cash Flow

$216M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.8B

Stockholders' Equity

$544M

Cash & Equivalents

$916M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$618M	$522M	+18.4%
Gross Profit	$483M	$393M	+22.6%
Operating Income	$119M	$75M	+58.0%
Net Income	$114M	$73M	+56.5%

Revenue Segments

Security Subscription

$223M36%

Product

$212M34%

Technical Support and Other

$181M29%

Geographic Segments

Americas

$260M42%

Europe, Middle East and Africa

$228M37%

Asia Pacific and Japan

$127M21%