FTNT Financial Statements & Analysis
Complete financial statements for FTNT including income statement, balance sheet, and cash flow statement. Analyze FTNT's revenue growth, profit margins, earnings trends, debt levels, and cash flow generation.
Financial Health Score
Financial Health Score
59
Neutral
Poor (0-40)Neutral (40-60)Good (60-100)
Income Statement
Revenue
12.3% ↑
Net Income
52.0% ↑
Gross Margin
5.1% ↑
Operating Margin
29.4% ↑
Balance Sheet
Current Ratio
23.5% ↑
Debt to Equity
131.1% ↓
Asset Turnover
-16.5% ↓
Cash Flow
Operating Cash Flow
16.7% ↑
Net Cash Flow
618.6% ↑
Free Cash Flow
8.5% ↑
Cash Flow to Debt
16.4% ↑
Income Statement Comparison
Revenue & Net Income
Period Comparison
| Metric | 2023 | 2024 | Change | Impact |
|---|---|---|---|---|
| Revenue | 5.30B | 5.96B | 12.3% | |
| Gross Profit | 4.07B | 4.80B | 18.0% | |
| Operating Income | 1.24B | 1.80B | 45.3% | |
| Net Income | 1.15B | 1.75B | 52.0% | |
| EPS | 1.47 | 2.28 | 55.1% | |
| EBITDA | 1.47B | 2.20B | 49.9% | |
| Gross Margin | 76.68% | 80.56% | 5.1% | |
| Operating Margin | 23.40% | 30.28% | 29.4% | |
| Net Income Margin | 21.64% | 29.30% | 35.4% | |
| R&D Expenses | 613.80M | 716.80M | 16.8% |
Income Statement Full Table
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.96B | 5.30B | 4.42B | 3.34B | 2.59B |
| Gross Profit | 4.80B | 4.07B | 3.33B | 2.56B | 2.02B |
| Operating Income | 1.80B | 1.24B | 969.60M | 650.40M | 531.80M |
| Net Income | 1.75B | 1.15B | 857.30M | 606.80M | 488.50M |
| EPS | 2.28 | 1.47 | 1.08 | 0.74 | 0.6 |
| EBITDA | 2.20B | 1.47B | 1.08B | 727.70M | 610.50M |
| Gross Margin | 80.56% | 76.68% | 75.44% | 76.57% | 78.03% |
| Operating Margin | 30.28% | 23.40% | 21.95% | 19.46% | 20.50% |
| Net Income Margin | 29.30% | 21.64% | 19.41% | 18.16% | 18.83% |
| R&D Expenses | 716.80M | 613.80M | 512.40M | 424.20M | 341.40M |