FTNT Q2 2021 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

Q2 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$801M+29.7% YoY

Gross Profit

$614M76.7% margin

Operating Income

$148M18.4% margin

Net Income

$138M17.2% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

$418M

Free Cash Flow

$395M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$801M	$618M	+29.7%
Gross Profit	$614M	$483M	+27.3%
Operating Income	$148M	$119M	+24.2%
Net Income	$138M	$114M	+20.8%

Revenue Segments

Product

$298M37%

Security Subscription

$273M34%

Technical Support and Other

$230M29%

Geographic Segments

Americas

$337M42%

Europe, Middle East and Africa

$306M38%

Asia Pacific and Japan

$158M20%