ftnt: the income statement

MyFinsight

For the quarter ending 2025-09-30, FTNT made $1,724,900K in revenue. $473,900K in net income. Net profit margin of 27.47%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	1,724,900	1,630,000	1,539,700	1,508,100
Product	180,700	165,900	149,900	136,100
Service	151,000	149,000	143,200	127,300
Total cost of revenue	331,700	314,900	293,100	263,400
Total gross profit	1,393,200	1,315,100	1,246,600	1,244,700
Research and development	202,400	209,500	198,600	187,300
Sales and marketing	583,500	592,000	542,700	515,900
General and administrative	61,400	56,900	57,800	71,700
Gain on intellectual property matters	1,400	1,300	6,300	1,100
Total operating expenses	845,900	857,100	792,800	773,800
Operating income	547,300	458,000	453,800	470,900
Interest income	40,700	45,000	44,300	42,400
Interest expense	6,200	4,600	4,900	5,000
Gain on bargain purchase	-	-	-	106,300
Other incomenet	13,000	18,900	26,100	11,800
Income before income taxes and gain (loss) from equity method investments	594,800	517,300	519,300	626,400
Provision for income taxes	120,700	77,100	96,500	81,200
Gain (loss) from equity method investments	-200	-100	10,600	-5,300
Net income	473,900	440,100	433,400	539,900

Basic (in dollars per share)	0.63	0.57	0.56	0.71
Basic (in shares)	755,500,000	765,500,000	768,300,000	765,000,000
Diluted (in dollars per share)	0.62	0.57	0.56	0.7
Diluted (in shares)	761,200,000	772,700,000	776,800,000	771,900,000