FTNT stock fundamentals - financials as reported
Financials As Reported
- accession Number 0001262039-23-000021
- accounts Payable Current 238,400,000
- accounts Receivable Net Current 1,087,200,000
- accrued Income Taxes Noncurrent 70,500,000
- accumulated Depreciation Depletion And Amortization Property Plant And Equipment 300,600,000
- accumulated Other Comprehensive Income Loss Net Of Tax --18,100,000
- allocated Share Based Compensation Expense 57,000,000
- amendment Flag false
- assets 6,832,300,000
- assets Current 4,358,700,000
- cash And Cash Equivalents At Carrying Value 2,304,200,000
- cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2,304,200,000
- cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect 621,300,000
- cik 1,262,039
- city Area Code 408
- common Stock Par Or Stated Value Per Share 0.001
- common Stock Shares Authorized 1,500,000,000
- common Stock Shares Issued 784,400,000
- common Stock Shares Outstanding 784,400,000
- comprehensive Income Net Of Tax 249,800,000
- contract With Customer Liability Current 2,463,300,000
- cost Of Goods And Services Sold 307,800,000
- current Fiscal Year End Date --12-31
- date Filed 2023-05-08
- debt Instrument Carrying Amount 1,000,000,000
- debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net 9,100,000
- depreciation 22,800,000
- depreciation Depletion And Amortization 27,500,000
- document Fiscal Period Focus Q1
- document Fiscal Year Focus 2,023
- document Period End Date 2023-03-31
- document Transition Report false
- document Type 10-Q
- earnings Per Share Basic 0.32
- earnings Per Share Diluted 0.31
- effective Income Tax Rate Continuing Operations 0.07
- entity Address Address Line 1 899 Kifer Road
- entity Address City Or Town Sunnyvale
- entity Address Postal Zip Code 94,086
- entity Address State Or Province CA
- entity Central Index Key 1,262,039
- entity Current Reporting Status Yes
- entity Emerging Growth Company false
- entity File Number 001-34511
- entity Filer Category Large Accelerated Filer
- entity Incorporation State Country Code DE
- entity Interactive Data Current Yes
- entity Name Fortinet, Inc.
- entity Registrant Name FORTINET, INC.
- entity Shell Company false
- entity Small Business false
- entity Tax Identification Number 77-0560389
- gross Profit 954,500,000
- income Tax Expense Benefit 21,300,000
- increase Decrease In Accounts Payable --4,100,000
- increase Decrease In Accounts Receivable --171,100,000
- increase Decrease In Contract With Customer Liability 240,700,000
- increase Decrease In Inventories 45,300,000
- increase Decrease In Other Operating Assets --4,500,000
- interest Expense 5,000,000
- interest Paid Net 8,000,000
- inventory Net 302,700,000
- irs Number 770,560,389
- liabilities 6,820,900,000
- liabilities And Stockholders Equity 6,832,300,000
- liabilities Current 3,261,800,000
- local Phone Number 235-7700
- long Term Debt Noncurrent 990,900,000
- net Cash Provided By Used In Financing Activities --13,700,000
- net Cash Provided By Used In Investing Activities --42,400,000
- net Cash Provided By Used In Operating Activities 677,500,000
- net Income Loss 247,700,000
- operating Expenses 681,000,000
- operating Income Loss 273,500,000
- operating Lease Liability 100,700,000
- other Assets Noncurrent 175,200,000
- other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax --800,000
- other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax 2,900,000
- other Liabilities Noncurrent 80,100,000
- other Noncash Income Expense --3,800,000
- other Nonoperating Income Expense 2,000,000
- payments For Proceeds From Other Investing Activities --100,000
- payments For Repurchase Of Common Stock 0
- payments Related To Tax Withholding For Share Based Compensation 34,500,000
- payments To Acquire Property Plant And Equipment 30,300,000
- period End 1,680,220,800,000
- period Start 1,672,531,200,000
- proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 195,000,000
- proceeds From Payments For Other Financing Activities --400,000
- proceeds From Sale Of Available For Sale Securities Debt 0
- property Plant And Equipment Gross 1,218,000,000
- property Plant And Equipment Net 917,400,000
- report Link https://www.sec.gov/Archives/edgar/data/1262039/000126203923000021/ftnt-20230331_htm.xml
- research And Development Expense 151,100,000
- retained Earnings Accumulated Deficit --1,298,700,000
- revenue From Contract With Customer Excluding Assessed Tax 1,262,300,000
- share Based Compensation 56,300,000
- stockholders Equity 11,400,000
- trading Symbol FTNT
- unrecognized Tax Benefits 70,400,000
- unrecognized Tax Benefits That Would Impact Effective Tax Rate 61,200,000
- update 1970-01-01
- weighted Average Number Of Diluted Shares Outstanding 793,400,000
- weighted Average Number Of Shares Outstanding Basic 783,200,000
- id REPORTED_FINANCIALS
- key FTNT
- subkey 10-Q
- date 2023-05-08
- updated 2023-05-09
Related News
Microsoft’s Ambitious AI Vision Meets Bitcoin’s Record Surge
TradingNEWS Archive
22.11.24
Coinbase’s Bold Revolution (NASDAQ:COIN): Leading the Charge in Crypto’s Next Big Wave
TradingNEWS Archive
22.11.24
The Bold Expansion: MicroStrategy’s $42 Billion Bitcoin Plan
TradingNEWS Archive
21.11.24
NVIDIA (NASDAQ:NVDA) Surges: Blackwell Chip Demand and AI Boom Fuel $200 Target
TradingNEWS Archive
20.11.24
Super Micro Computer (NASDAQ:SMCI) Stock Soars 29% as AI Boom Ignites Unstoppable Growth
TradingNEWS Archive
19.11.24
Petrobras (NYSE: PBR): A Dividend Powerhouse Backed by $111 Billion Expansion
TradingNEWS Archive
19.11.24