FTNT Q4 2019 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q4 2019 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$614M+21.2% YoY

Gross Profit

$474M77.1% margin

Operating Income

$118M19.3% margin

Net Income

$115M18.8% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+12.1%

Cash Flow

Operating Cash Flow

$190M

Free Cash Flow

$143M

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.5B

Stockholders' Equity

$1.3B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$614M	$507M	+21.2%
Gross Profit	$474M	$379M	+25.2%
Operating Income	$118M	$85M	+39.1%
Net Income	$115M	$183M	-36.9%

Revenue Segments

Product

$239M39%

Security Subscription

$205M33%

Technical Support and Other

$170M28%

Geographic Segments

Americas

$251M41%

Europe, Middle East and Africa

$244M40%

Asia Pacific and Japan

$120M19%