FTNTFortinet, Inc.

$62B

Q4 2017 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$417M+14.8% YoY

Gross Profit

$311M74.7% margin

Operating Income

$42M10.1% margin

Net Income

-$29M-7.0% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$158M

Free Cash Flow

$144M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.7B

Stockholders' Equity

$589M

Cash & Equivalents

$811M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$417M	$363M	+14.8%
Gross Profit	$311M	$272M	+14.5%
Operating Income	$42M	$45M	-6.6%
Net Income	-$29M	$25M	-215.1%

Geographic Segments

Americas

$174M42%

Europe, Middle East and Africa

$160M38%

Asia Pacific and Japan

$82M20%

FTNT Q4 2017 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena