# FORTINET, INC. (FTNT) FY2024 Q3 Balance Sheet

- Company: FORTINET, INC. (FTNT)
- Period: As of 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-08, accession number 0001262039-24-000043
- Page: https://plicit.ai/financials/ftnt/fy2024-q3-balance-sheet
- Chart image: https://plicit.ai/charts/ftnt-fy2024-q3-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 8,852,000,000 US dollars
- **Current assets**: 5,220,600,000 US dollars
- **Non-current assets**: 3,631,400,000 US dollars
- **Liabilities**: 7,943,900,000 US dollars
- **Current liabilities**: 3,883,900,000 US dollars
- **Non-current liabilities**: 4,060,000,000 US dollars
- **Equity**: 908,100,000 US dollars
- **Cash and cash equivalents**: 2,489,300,000 US dollars
- **Short-term investments**: 1,162,400,000 US dollars
- **Accounts receivable—net**: 1,044,100,000 US dollars
- **Inventory**: 354,300,000 US dollars
- **Prepaid expenses and other current assets**: 121,500,000 US dollars
- **Marketable equity securities**: 49,000,000 US dollars
- **DEFERRED TAX ASSETS**: 1,300,400,000 US dollars
- **PROPERTY AND EQUIPMENT—NET**: 1,273,400,000 US dollars
- **DEFERRED CONTRACT COSTS**: 599,400,000 US dollars
- **GOODWILL**: 212,800,000 US dollars
- **OTHER ASSETS**: 133,800,000 US dollars
- **OTHER INTANGIBLE ASSETS—NET**: 111,600,000 US dollars
- **Deferred revenue**: 3,081,200,000 US dollars
- **Accrued liabilities**: 376,600,000 US dollars
- **Accrued payroll and compensation**: 248,200,000 US dollars
- **Accounts payable**: 177,900,000 US dollars
- **DEFERRED REVENUE**: 2,930,500,000 US dollars
- **LONG-TERM DEBT**: 993,800,000 US dollars
- **OTHER LIABILITIES**: 135,700,000 US dollars
- **Additional paid-in capital**: 1,568,600,000 US dollars
- **Common stock, $0.001 par value—1,500.0 shares authorized; 765.7 and 761.0 shares issued and outstanding on September 30, 2024 and December 31, 2023, respectively**: 800,000 US dollars
- **Accumulated deficit**: negative 643,300,000 US dollars
- **Accumulated other comprehensive loss**: negative 18,000,000 US dollars
- **Gross equity (calculated)**: 1,569,400,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.