Selected Financial Data
since 2009
Income Statement
Fortinet Inc., selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Revenue | Operating income | Net income attributable to Fortinet, Inc. |
|---|---|---|---|
| Dec 31, 2022 | 4,417,400) | 969,600) | 857,300) |
| Dec 31, 2021 | 3,342,200) | 650,400) | 606,800) |
| Dec 31, 2020 | 2,594,400) | 531,800) | 488,500) |
| Dec 31, 2019 | 2,156,200) | 344,200) | 326,500) |
| Dec 31, 2018 | 1,801,200) | 231,000) | 332,200) |
| Dec 31, 2017 | 1,494,930) | 109,804) | 31,399) |
| Dec 31, 2016 | 1,275,443) | 42,944) | 32,187) |
| Dec 31, 2015 | 1,009,268) | 14,877) | 7,987) |
| Dec 31, 2014 | 770,364) | 59,324) | 25,343) |
| Dec 31, 2013 | 615,297) | 72,090) | 44,273) |
| Dec 31, 2012 | 533,639) | 100,475) | 66,836) |
| Dec 31, 2011 | 433,576) | 88,904) | 62,492) |
| Dec 31, 2010 | 324,696) | 55,341) | 41,245) |
| Dec 31, 2009 | 252,115) | 25,334) | 60,179) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31).
Balance Sheet: Assets
Fortinet Inc., selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2022 | 3,810,400) | 6,228,000) |
| Dec 31, 2021 | 3,600,600) | 5,919,100) |
| Dec 31, 2020 | 2,740,400) | 4,044,500) |
| Dec 31, 2019 | 2,769,000) | 3,885,500) |
| Dec 31, 2018 | 2,220,900) | 3,078,000) |
| Dec 31, 2017 | 1,716,820) | 2,257,916) |
| Dec 31, 2016 | 1,538,716) | 2,139,941) |
| Dec 31, 2015 | 1,270,543) | 1,790,510) |
| Dec 31, 2014 | 1,046,865) | 1,424,774) |
| Dec 31, 2013 | 735,546) | 1,168,464) |
| Dec 31, 2012 | 569,274) | 975,497) |
| Dec 31, 2011 | 523,570) | 734,747) |
| Dec 31, 2010 | 420,158) | 545,422) |
| Dec 31, 2009 | 342,217) | 387,213) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Fortinet Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Total liabilities | Long-term debt | Total Fortinet, Inc. stockholders’ equity (deficit) | |
|---|---|---|---|---|
| Dec 31, 2022 | 3,078,400) | 6,509,600) | 990,400) | (281,600) |
| Dec 31, 2021 | 2,318,100) | 5,120,700) | 988,400) | 781,700) |
| Dec 31, 2020 | 1,829,500) | 3,188,500) | —) | 856,000) |
| Dec 31, 2019 | 1,473,600) | 2,563,600) | —) | 1,321,900) |
| Dec 31, 2018 | 1,256,400) | 2,067,800) | —) | 1,010,200) |
| Dec 31, 2017 | 1,027,223) | 1,668,539) | —) | 589,377) |
| Dec 31, 2016 | 829,440) | 1,302,260) | —) | 837,681) |
| Dec 31, 2015 | 678,670) | 1,035,133) | —) | 755,377) |
| Dec 31, 2014 | 496,456) | 748,808) | —) | 675,966) |
| Dec 31, 2013 | 413,061) | 582,704) | —) | 585,760) |
| Dec 31, 2012 | 319,304) | 464,563) | —) | 510,934) |
| Dec 31, 2011 | 266,864) | 376,393) | —) | 358,354) |
| Dec 31, 2010 | 218,382) | 312,968) | —) | 232,454) |
| Dec 31, 2009 | 180,565) | 244,761) | —) | 142,452) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31).
Cash Flow Statement
Fortinet Inc., selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2022 | 1,730,600) | 763,900) | (2,130,300) |
| Dec 31, 2021 | 1,499,700) | (1,325,100) | 82,800) |
| Dec 31, 2020 | 1,083,700) | (72,800) | (1,171,600) |
| Dec 31, 2019 | 808,000) | (502,300) | (195,600) |
| Dec 31, 2018 | 638,900) | (134,900) | (202,600) |
| Dec 31, 2017 | 594,405) | (76,803) | (415,601) |
| Dec 31, 2016 | 345,708) | (74,123) | (105,859) |
| Dec 31, 2015 | 282,547) | (967) | (21,557) |
| Dec 31, 2014 | 196,582) | (29,350) | 749) |
| Dec 31, 2013 | 147,384) | (146,734) | (6,423) |
| Dec 31, 2012 | 183,866) | (182,711) | 50,156) |
| Dec 31, 2011 | 132,842) | (166,826) | 39,797) |
| Dec 31, 2010 | 103,383) | (283,710) | 34,019) |
| Dec 31, 2009 | 61,971) | 13,757) | 78,049) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31).
Per Share Data
Fortinet Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2022 | 1.08 | 1.06 | 0.00 |
| Dec 31, 2021 | 0.74 | 0.73 | 0.00 |
| Dec 31, 2020 | 0.60 | 0.58 | 0.00 |
| Dec 31, 2019 | 0.38 | 0.37 | 0.00 |
| Dec 31, 2018 | 0.39 | 0.38 | 0.00 |
| Dec 31, 2017 | 0.04 | 0.04 | 0.00 |
| Dec 31, 2016 | 0.04 | 0.04 | 0.00 |
| Dec 31, 2015 | 0.01 | 0.01 | 0.00 |
| Dec 31, 2014 | 0.03 | 0.03 | 0.00 |
| Dec 31, 2013 | 0.05 | 0.05 | 0.00 |
| Dec 31, 2012 | 0.08 | 0.08 | 0.00 |
| Dec 31, 2011 | 0.08 | 0.08 | 0.00 |
| Dec 31, 2010 | 0.06 | 0.05 | 0.00 |
| Dec 31, 2009 | 0.19 | 0.08 | 0.00 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.