FTNT Q3 2018 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q3 2018 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$454M+21.3% YoY

Gross Profit

$342M75.4% margin

Operating Income

$63M13.8% margin

Net Income

$59M12.9% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$177M

Free Cash Flow

$159M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.9B

Stockholders' Equity

$892M

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$454M	$374M	+21.3%
Gross Profit	$342M	$281M	+22.0%
Operating Income	$63M	$34M	+86.4%
Net Income	$59M	$27M	+119.9%

Revenue Segments

Security Subscription

$157M54%

Technical Support and Other

$121M42%

Service

$11M4%

Geographic Segments

Americas

$194M43%

Europe, Middle East and Africa

$165M36%

Asia Pacific and Japan

$95M21%