Fortinet Operating Income from 2010 to 2026

FO8 Stock  EUR 63.90  3.60  5.33%   
Fortinet's Operating Income is increasing over the last several years with slightly volatile swings. Operating Income is estimated to finish at about 2.2 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Fortinet generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2016-12-31
Previous Quarter
458 M
Current Value
547.3 M
Quarterly Volatility
164 M
 
Covid
 
Interest Hikes
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Interest Expense of 24.1 M, Selling General Administrative of 1.3 B or Total Revenue of 7.2 B, as well as many indicators such as . Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
This module can also supplement various Fortinet Technical models . Check out the analysis of Fortinet Correlation against competitors.
For more detail on how to invest in Fortinet Stock please use our How to Invest in Fortinet guide.
The Operating Income trend for Fortinet offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Fortinet is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Fortinet's Operating Income Growth Pattern

Below is the plot of the Operating Income of Fortinet over the last few years. Operating Income is the amount of profit realized from Fortinet operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fortinet is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Fortinet's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Fortinet Operating Income Regression Statistics

Arithmetic Mean613,911,618
Geometric Mean232,894,630
Coefficient Of Variation123.66
Mean Deviation614,511,270
Median231,000,000
Standard Deviation759,157,905
Sample Variance576320.7T
Range2.2B
R-Value0.88
Mean Square Error136104.9T
R-Squared0.78
Slope132,653,522
Total Sum of Squares9221131.6T

Fortinet Operating Income History

20262.2 B
20252.1 B
20241.8 B
20231.2 B
2022965 M
2021645.8 M
2020491.6 M

About Fortinet Financial Statements

Fortinet stakeholders use historical fundamental indicators, such as Fortinet's Operating Income, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fortinet's assets and liabilities are reflected in the revenues and expenses on Fortinet's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fortinet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income2.1 B2.2 B

Currently Active Assets on Macroaxis

When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:
Check out the analysis of Fortinet Correlation against competitors.
For more detail on how to invest in Fortinet Stock please use our How to Invest in Fortinet guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Fortinet's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.