Rankings
▼
Calendar
FTNT Q2 2024 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena
FTNT
Fortinet, Inc.
$63B
Q2 2024 Earnings
Technology
Software - Infrastructure
Income Statement
Revenue
$1.4B
+10.9% YoY
Gross Profit
$1.2B
80.8% margin
Operating Income
$437M
30.5% margin
Net Income
$380M
26.5% margin
EPS (Diluted)
$0.49
QoQ Revenue Growth
+6.0%
Cash Flow
Operating Cash Flow
$342M
Free Cash Flow
$319M
Stock-Based Comp.
$64M
Balance Sheet
Total Assets
$8.1B
Total Liabilities
$7.8B
Stockholders' Equity
$288M
Cash & Equivalents
$2.2B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.4B
$1.3B
+10.9%
Gross Profit
$1.2B
$997M
+16.3%
Operating Income
$437M
$279M
+56.7%
Net Income
$380M
$266M
+42.6%
Revenue Segments
Security Subscription
$559M
39%
Product
$452M
32%
Technical Support and Other
$424M
30%
Geographic Segments
Americas
$595M
42%
Europe, Middle East and Africa
$565M
39%
Asia Pacific and Japan
$274M
19%
← FY 2024
All Quarters
Q3 2024 →