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Fortinet, Inc. (FTNT)

For the quarter ending 2025-06-30, FTNT made $1,630,000K in revenue. $440,100K in net income. Net profit margin of 27.00%.

Overview

Revenue
$1,630,000K
Net Income
$440,100K
Net Profit Margin
27.00%
EPS
$0.57
Unit: Thousand (K) dollars
Revenue Breakdown
    • EMEA
    • US
    • Asia Pacific
    • Other Americas
Revenue Breakdown
    • Security Subscription
    • Product
    • Technical Supportand Other

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue1,630,000 1,539,700 1,508,100 1,434,300
Total cost of revenue314,900 293,100 263,400 275,000
Total gross profit1,315,100 1,246,600 1,244,700 1,159,300
Sales and marketing592,000 542,700 515,900 501,300
Research and development209,500 198,600 187,300 165,400
General and administrative56,900 57,800 71,700 56,600
Gain on intellectual property matters1,300 6,300 1,100 1,200
Total operating expenses857,100 792,800 773,800 722,100
Operating income458,000 453,800 470,900 437,200
Interest income45,000 44,300 42,400 38,300
Interest expense4,600 4,900 5,000 -
Other income (expense)net18,900 26,100 11,800 -2,200
Gain on bargain purchase- - 106,300 -
Interest expense- - - 5,000
Income before income taxes and gain (loss) from equity method investments517,300 519,300 626,400 468,300
Gain (loss) from equity method investments-100 10,600 -5,300 -12,000
Provision for income taxes77,100 96,500 81,200 76,500
Net income440,100 433,400 539,900 379,800
Basic (in dollars per share)0.57 0.56 0.71 0.5
Basic (in shares)765,500,000 768,300,000 765,000,000 763,800,000
Diluted (in dollars per share)0.57 0.56 0.7 0.49
Diluted (in shares)772,700,000 776,800,000 771,900,000 769,900,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
US$473,000K (8.56%↑ Y/Y)Other Americas$185,800K (16.42%↑ Y/Y)Americas$658,800K (10.67%↑ Y/Y)Asia Pacific$304,100K EMEA$667,100K Total revenue$1,630,000K (13.64%↑ Y/Y)Total gross profit$1,315,100K (13.44%↑ Y/Y)Total cost of revenue$314,900K (14.51%↑ Y/Y)Interest income$45,000K (17.49%↑ Y/Y)Operating income$458,000K (4.76%↑ Y/Y)Other income(expense)net$18,900K (959.09%↑ Y/Y)Total operatingexpenses$857,100K (18.70%↑ Y/Y)Gain on intellectualproperty matters$1,300K (8.33%↑ Y/Y)Income before incometaxes and gain (loss)...$517,300K (10.46%↑ Y/Y)Interest expense$4,600K General andadministrative$56,900K (0.53%↑ Y/Y)Research and development$209,500K (26.66%↑ Y/Y)Sales and marketing$592,000K (18.09%↑ Y/Y)Net income$440,100K (15.88%↑ Y/Y)Gain (loss) fromequity method...-$100K (99.17%↑ Y/Y)Provision for income taxes$77,100K (0.78%↑ Y/Y)