FTNT Q3 2019 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q3 2019 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$548M+20.8% YoY

Gross Profit

$424M77.4% margin

Operating Income

$101M18.4% margin

Net Income

$80M14.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$221M

Free Cash Flow

$204M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$548M	$454M	+20.8%
Gross Profit	$424M	$342M	+23.9%
Operating Income	$101M	$63M	+60.2%
Net Income	$80M	$59M	+36.6%

Revenue Segments

Product

$197M36%

Security Subscription

$193M35%

Technical Support and Other

$158M29%

Geographic Segments

Americas

$241M44%

Europe, Middle East and Africa

$201M37%

Asia Pacific and Japan

$106M19%