FTNT Q4 2020 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$63B

Q4 2020 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$748M+21.7% YoY

Gross Profit

$581M77.7% margin

Operating Income

$169M22.6% margin

Net Income

$147M19.6% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+14.9%

Cash Flow

Operating Cash Flow

$297M

Free Cash Flow

$264M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.2B

Stockholders' Equity

$856M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$748M	$614M	+21.7%
Gross Profit	$581M	$474M	+22.6%
Operating Income	$169M	$118M	+43.1%
Net Income	$147M	$115M	+27.3%

Revenue Segments

Product

$288M38%

Security Subscription

$249M33%

Technical Support and Other

$213M28%

Geographic Segments

Americas

$302M40%

Europe, Middle East and Africa

$300M40%

Asia Pacific and Japan

$149M20%