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Fortinet, Inc.
Symbol: FTNT
2022
Financial Profile of
Fortinet
(March 10, 2023)
Summary
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Sector: Technology
Industry: Software-Infrastructure
Full-Time Employees: 12595
Contact
899 Kifer Road
Sunnyvale, CA 94086
United States
408 235 7700
website- https://www.fortinet.com
Quarterly
Earning Per Share
| Period | Earnings Per Share |
|---|---|
| 1Q2022 | 0.19 |
| 2Q2022 | 0.24 |
| 3Q2022 | 0.33 |
| 4Q2022 | 0.44 |
Quarterly
Revenue and Earning
| Period | |||
|---|---|---|---|
| 1Q2022 | |||
| revenue | 954.8M | ||
| earnings | 138.4M | ||
| 2Q2022 | |||
| revenue | 1.03B | ||
| earnings | 173.5M | ||
| 3Q2022 | |||
| revenue | 1.15B | ||
| earnings | 231.6M | ||
| 4Q2022 | |||
| revenue | 1.28B | ||
| earnings | 313.8M |
Annual
Revenue and Earning
| Period | |||
|---|---|---|---|
| 2019 | |||
| revenue | 2.16B | ||
| earnings | 331.7M | ||
| 2020 | |||
| revenue | 2.59B | ||
| earnings | 488.5M | ||
| 2021 | |||
| revenue | 3.34B | ||
| earnings | 606.8M | ||
| 2022 | |||
| revenue | 4.42B | ||
| earnings | 857.3M |
Financial Analysis Data
| Assessment | Value |
|---|---|
| ebitda margins | 24.21% |
| profit margins | 19.41% |
| gross margins | 75.44% |
| operating cash flow | 1.73B |
| revenue growth | 33.10% |
| operating margins | 21.84% |
| ebitda | 1.07B |
| gross profits | 3.33B |
| free cash flow | 1.06B |
| earnings growth | 63.70% |
| current ratio | 1.24 |
| return on assets | 9.93% |
| return on equity | 331.50% |
| total cash | 2.21B |
| total debt | 1.09B |
| total revenue | 4.42B |
| total cash per share | 2.82 |
| revenue per share | 5.58 |
| quick ratio | 1.13 |
Data Source: RapidAPI Yahoo Finance
Charts: Python generated charts provided courtesy of JustTechMeAt.