Stock Analysis on Net
Stock Analysis on Net

Fortinet Inc. (NASDAQ:FTNT)

This company has been moved to the archive! The financial data has not been updated since May 8, 2023.

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

Fortinet Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Product 1,780,500 1,255,000 916,400 788,500 674,400
Security subscription 1,427,000 1,125,000 918,700 750,900 606,100
Technical support and other 1,209,900 962,200 759,300 616,800 520,700
Service 2,636,900 2,087,200 1,678,000 1,367,700 1,126,800
Revenue 4,417,400 3,342,200 2,594,400 2,156,200 1,801,200

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).

Item Description The company
Revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Fortinet Inc. revenue increased from 2020 to 2021 and from 2021 to 2022.