Fortinet Inc.
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $324.7M | $252.1M |
| Product | — | — |
| Service | — | — |
| Cost of Revenue | $85.2M | $70.0M |
| Gross Profit | $239.5M | $182.1M |
| Gross Margin | 73.8% | 72.2% |
| Operating Expenses | ||
| Research & Development | $49.8M | $42.2M |
| SG&A Expense | $22.4M | $18.3M |
| Operating Income | $55.3M | $25.3M |
| Operating Margin | 17.0% | 10.0% |
| Interest Expense | — | — |
| Pretax Income | $56.3M | $27.5M |
| Income Tax Expense | $15.1M | $-32.7M |
| Net Income | $41.2M | $60.2M |
| Net Margin | 12.7% | 23.9% |
| EPS (Basic) | $0.06 | $0.19 |
| EPS (Diluted) | $0.05 | $0.08 |
| Shares Outstanding (Basic) | 703.6M | 263.3M |
| Shares Outstanding (Diluted) | 782.0M | 652.2M |
| Dividends Per Share | — | — |