| Stage | FTNT | % of rev | FFIV | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.1B | 100.00% | $865M | 100.00% | FTNT ×2.40 |
| Gross profit | $1.6B | 78.95% | $712M | 82.25% | FFIV +3.3pp |
| Operating income | $704M | 33.89% | $213M | 24.65% | FTNT +9.2pp |
| Pre-tax income | $755M | 36.33% | $226M | 26.15% | FTNT +10.2pp |
| Net income | $636M | 30.58% | $208M | 24.07% | FTNT +6.5pp |
| Stage | FTNT | FFIV | Gap · A − B |
|---|---|---|---|
| Revenue | $2.1B100.00% | $865M100.00% | FTNT ×2.40 |
| Gross profit | 78.95%$1.6B | 82.25%$712M | FFIV +3.3pp |
| Operating income | 33.89%$704M | 24.65%$213M | FTNT +9.2pp |
| Pre-tax income | 36.33%$755M | 26.15%$226M | FTNT +10.2pp |
| Net income |
| 30.58%$636M |
| 24.07%$208M |
| FTNT +6.5pp |
No shared counterparties.