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Fortinet, Inc. (FTNT)
Company Profile Technology and Communication Services Space


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



PeriodEarnings Per Share
1Q2022 0.19
2Q2022 0.24
3Q2022 0.33
4Q2022 0.44
Earnings Per Share

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
Quarterly Revenue Quarterly Earnings

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
Annual Revenue Annual Earnings

Financial Analysis Data



AssessmentValue
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.