Fortinet, Inc. (FTNT) stock
FTNTNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026Score 16/3025% above fair value
$136.08−3.02 (-2.17%)
Close on Oct 30, 2026Market cap $99.84BP/E 47.9Yield –
Earnings
Fortinet's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Nov 4, 2026
Q3 FY2026 · estimated, after the close
Revenue, Q2 FY2026
$2.05B
+25.8% on a year earlier
Non-GAAP earnings per share, Q2 FY2026
$0.90
$0.64 a year earlier
Latest guidance
Raised
Jul 29, 2026 · 11 items
Quarterly results
Revenue and earnings per share from each of Fortinet's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Nov 4, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Jul 29, 2026after the close | $2.05B | +25.8% | $0.82 | $0.90 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 6, 2026after the close | $1.85B | +20.1% | $0.72 | $0.82 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 5, 2026after the close | $1.91B | +15.1% | $0.68 | $0.81 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 5, 2025after the close | $1.72B | +14.2% | $0.62 | $0.74 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 6, 2025after the close | $1.63B | +14.0% | $0.57 | $0.64 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 7, 2025after the close | $1.54B | +14.1% | $0.56 | $0.58 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 6, 2025after the close | $1.66B | +16.9% | $0.68 | $0.74 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 7, 2024after the close | $1.51B | +13.5% | $0.70 | $0.63 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 6, 2024after the close | $1.43B | +10.9% | $0.49 | $0.57 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 2, 2024after the close | $1.35B | +7.1% | $0.39 | $0.43 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 6, 2024after the close | $1.42B | +10.9% | $0.40 | $0.51 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 2, 2023after the close | $1.33B | +15.7% | $0.41 | $0.41 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 3, 2023after the close | $1.29B | +25.2% | $0.33 | $0.38 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 4, 2023after the close | $1.26B | +32.0% | $0.31 | $0.34 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 7, 2023after the close | $1.28B | +32.8% | $0.40 | $0.44 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 2, 2022after the close | $1.15B | +32.6% | $0.29 | $0.33 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 3, 2022after the close | $1.03B | – | $0.21 | $0.24 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 4, 2022after the close | $954.80M | – | $0.84 | $0.94 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 3, 2022after the close | $963.60M | – | $1.19 | $1.23 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 4, 2021after the close | $867.20M | – | $0.97 | $0.99 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 29, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 29, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 4, 2021after the close | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 29, 2020after the close | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 6, 2020after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Fortinet's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Revenue | Q3 FY2026 | $2.01B – $2.10B | – | New | Jul 29, 2026 |
| Non-GAAP gross marginnon-GAAP | Q3 FY2026 | 79% – 81% | – | New | Jul 29, 2026 |
| Non-GAAP operating marginnon-GAAP | Q3 FY2026 | 35% – 37% | – | New | Jul 29, 2026 |
| Diluted non-GAAP net income per sharenon-GAAP | Q3 FY2026 | $0.83 – $0.87 | – | New | Jul 29, 2026 |
| Billings | Q3 FY2026 | $2.25B – $2.35B | – | New | Jul 29, 2026 |
| Revenue | FY2026 | $8.02B – $8.18B | $7.71B – $7.87B | Raised | Jul 29, 2026 |
| Non-GAAP gross marginnon-GAAP | FY2026 | 79% – 81% | 79% – 81% | Reaffirmed | Jul 29, 2026 |
| Non-GAAP operating marginnon-GAAP | FY2026 | 35% – 37% | 33% – 36% | Raised | Jul 29, 2026 |
| Diluted non-GAAP net income per sharenon-GAAP | FY2026 | $3.41 – $3.47 | $3.10 – $3.16 | Raised | Jul 29, 2026 |
| Billings | FY2026 | $9.35B – $9.55B | $8.80B – $9.10B | Raised | Jul 29, 2026 |
| Billingsnon-GAAP | FY2026 | $8.40B – $8.60B | – | New | Feb 5, 2026 |
| Service revenue | FY2026 | $5.18B – $5.22B | – | Lowered | Jul 29, 2026 |
Guidance vs results
The last range Fortinet gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q2 FY2026 | Diluted non-GAAP net income per share | $0.72 – $0.76 | $0.90 | Above range |
| Q2 FY2026 | Revenue | $1.83B – $1.93B | $2.05B | Above range |
| Q1 FY2026 | Diluted non-GAAP net income per share | $0.59 – $0.63 | $0.82 | Above range |
| Q1 FY2026 | Revenue | $1.70B – $1.76B | $1.85B | Above range |
| FY2025 | Diluted non-GAAP net income per share | $2.66 – $2.70 | $2.77Σ4Q | Above range |
| FY2025 | Revenue | $6.72B – $6.78B | $6.80BΣ4Q | Above range |
| Q4 FY2025 | Diluted non-GAAP net income per share | $0.73 – $0.75 | $0.81 | Above range |
| Q4 FY2025 | Revenue | $1.83B – $1.89B | $1.91B | Above range |
| Q3 FY2025 | Diluted non-GAAP net income per share | $0.62 – $0.64 | $0.74 | Above range |
| Q3 FY2025 | Revenue | $1.67B – $1.73B | $1.72B | Within range |
| Q2 FY2025 | Diluted non-GAAP net income per share | $0.58 – $0.60 | $0.64 | Above range |
| Q2 FY2025 | Revenue | $1.59B – $1.65B | $1.63B | Within range |
| Q1 FY2025 | Diluted non-GAAP net income per share | $0.52 – $0.54 | $0.58 | Above range |
| Q1 FY2025 | Revenue | $1.50B – $1.56B | $1.54B | Within range |
| Q4 FY2024 | Diluted non-GAAP net income per share | $0.58 – $0.62 | $0.74 | Above range |
| Q4 FY2024 | Revenue | $1.56B – $1.62B | $1.66B | Above range |
| Q3 FY2024 | Diluted non-GAAP net income per share | $0.56 – $0.58 | $0.63 | Above range |
| Q3 FY2024 | Revenue | $1.45B – $1.51B | $1.51B | Above range |
| Q2 FY2024 | Diluted non-GAAP net income per share | $0.39 – $0.41 | $0.57 | Above range |
| Q2 FY2024 | Revenue | $1.38B – $1.44B | $1.43B | Within range |
| Q1 FY2024 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.37 – $0.39 | $0.43 | Above range |
| Q1 FY2024 | Revenue | $1.30B – $1.36B | $1.35B | Within range |
| Q4 FY2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.42 – $0.44 | $0.51 | Above range |
| Q4 FY2023 | Revenue | $1.38B – $1.44B | $1.42B | Within range |
| Q3 FY2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.35 – $0.37 | $0.41 | Above range |
| Q3 FY2023 | Revenue | $1.32B – $1.38B | $1.33B | Within range |
| Q2 FY2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.33 – $0.35 | $0.38 | Above range |
| Q2 FY2023 | Revenue | $1.28B – $1.32B | $1.29B | Within range |
| Q1 FY2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.27 – $0.29 | $0.34 | Above range |
| Q1 FY2023 | Revenue | $1.18B – $1.22B | $1.26B | Above range |
| Q4 FY2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.38 – $0.40 | $0.44 | Above range |
| Q4 FY2022 | Revenue | $1.28B – $1.32B | $1.28B | Within range |
| Q3 FY2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.26 – $0.28 | $0.33 | Above range |
| Q3 FY2022 | Revenue | $1.11B – $1.14B | $1.15B | Above range |
| Q2 FY2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $1.05 – $1.10 | $0.24 | Below range |
| Q2 FY2022 | Revenue | $1.01B – $1.04B | $1.03B | Within range |
| Q1 FY2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | $0.75 – $0.80 | $0.94 | Above range |
| Q1 FY2022 | Revenue | $865.00M – $895.00M | $954.80M | Above range |
| Q4 FY2021 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. common stockholders | $1.10 – $1.15 | $1.23 | Above range |
| Q4 FY2021 | Revenue | $940.00M – $970.00M | $963.60M | Within range |
Guidance history
Every forecast Fortinet put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Jul 29, 2026 | Diluted non-GAAP net income per share | FY2026 | $3.41 – $3.47 | Raised |
| Jul 29, 2026 | Diluted non-GAAP net income per share | Q3 FY2026 | $0.83 – $0.87 | New |
| Jul 29, 2026 | Non-GAAP gross margin | FY2026 | 79% – 81% | Reaffirmed |
| Jul 29, 2026 | Non-GAAP gross margin | Q3 FY2026 | 79% – 81% | New |
| Jul 29, 2026 | Non-GAAP operating margin | FY2026 | 35% – 37% | Raised |
| Jul 29, 2026 | Non-GAAP operating margin | Q3 FY2026 | 35% – 37% | New |
| Jul 29, 2026 | Service revenue | FY2026 | $5.18B – $5.22B | Lowered |
| Jul 29, 2026 | Billings | FY2026 | $9.35B – $9.55B | Raised |
| Jul 29, 2026 | Billings | Q3 FY2026 | $2.25B – $2.35B | New |
| Jul 29, 2026 | Revenue | FY2026 | $8.02B – $8.18B | Raised |
| Jul 29, 2026 | Revenue | Q3 FY2026 | $2.01B – $2.10B | New |
| May 6, 2026 | Diluted non-GAAP net income per share | FY2026 | $3.10 – $3.16 | Raised |
| May 6, 2026 | Diluted non-GAAP net income per share | Q2 FY2026 | $0.72 – $0.76 | New |
| May 6, 2026 | Non-GAAP gross margin | FY2026 | 79% – 81% | Reaffirmed |
| May 6, 2026 | Non-GAAP gross margin | Q2 FY2026 | 79.5% – 80.5% | New |
| May 6, 2026 | Non-GAAP operating margin | FY2026 | 33% – 36% | Reaffirmed |
| May 6, 2026 | Non-GAAP operating margin | Q2 FY2026 | 33% – 35% | New |
| May 6, 2026 | Billings | FY2026 | $8.80B – $9.10B | New |
| May 6, 2026 | Billings | Q2 FY2026 | $2.09B – $2.19B | New |
| May 6, 2026 | Revenue | FY2026 | $7.71B – $7.87B | Raised |
| May 6, 2026 | Service revenue | FY2026 | $5.09B – $5.15B | Lowered |
| May 6, 2026 | Revenue | Q2 FY2026 | $1.83B – $1.93B | New |
| Feb 5, 2026 | Diluted non-GAAP net income per share | FY2026 | $2.94 – $3.00 | New |
| Feb 5, 2026 | Diluted non-GAAP net income per share | Q1 FY2026 | $0.59 – $0.63 | New |
| Feb 5, 2026 | Non-GAAP gross margin | FY2026 | 79% – 81% | New |
| Feb 5, 2026 | Non-GAAP gross margin | Q1 FY2026 | 80% – 81% | New |
| Feb 5, 2026 | Non-GAAP operating margin | FY2026 | 33% – 36% | New |
| Feb 5, 2026 | Non-GAAP operating margin | Q1 FY2026 | 30% – 32% | New |
| Feb 5, 2026 | Billings | FY2026 | $8.40B – $8.60B | New |
| Feb 5, 2026 | Billings | Q1 FY2026 | $1.77B – $1.87B | New |
| Feb 5, 2026 | Revenue | FY2026 | $7.50B – $7.70B | New |
| Feb 5, 2026 | Service revenue | FY2026 | $5.05B – $5.15B | Lowered |
| Feb 5, 2026 | Revenue | Q1 FY2026 | $1.70B – $1.76B | New |
| Nov 5, 2025 | Diluted non-GAAP net income per share | FY2025 | $2.66 – $2.70 | Raised |
| Nov 5, 2025 | Diluted non-GAAP net income per share | Q4 FY2025 | $0.73 – $0.75 | New |
| Nov 5, 2025 | Non-GAAP gross margin | FY2025 | 80.25% – 80.75% | Narrowed |
| Nov 5, 2025 | Non-GAAP gross margin | Q4 FY2025 | 79% – 80% | New |
| Nov 5, 2025 | Non-GAAP operating margin | FY2025 | 34.5% – 35% | Raised |
| Nov 5, 2025 | Non-GAAP operating margin | Q4 FY2025 | 34.5% – 35.5% | New |
| Nov 5, 2025 | Billings | FY2025 | $7.37B – $7.47B | Narrowed |
| Nov 5, 2025 | Billings | Q4 FY2025 | $2.19B – $2.29B | New |
| Nov 5, 2025 | Revenue | FY2025 | $6.72B – $6.78B | Narrowed |
| Nov 5, 2025 | Service revenue | FY2025 | $4.58B – $4.60B | Lowered |
| Nov 5, 2025 | Revenue | Q4 FY2025 | $1.83B – $1.89B | New |
| Aug 6, 2025 | Diluted non-GAAP net income per share | FY2025 | $2.47 – $2.53 | New |
| Aug 6, 2025 | Diluted non-GAAP net income per share | Q3 FY2025 | $0.62 – $0.64 | New |
| Aug 6, 2025 | Non-GAAP gross margin | FY2025 | 79% – 81% | New |
| Aug 6, 2025 | Non-GAAP gross margin | Q3 FY2025 | 80% – 81% | New |
| Aug 6, 2025 | Non-GAAP operating margin | FY2025 | 32% – 33.5% | New |
| Aug 6, 2025 | Non-GAAP operating margin | Q3 FY2025 | 32.5% – 33.5% | New |
| Aug 6, 2025 | Service revenue | FY2025 | $4.55B – $4.65B | New |
| Aug 6, 2025 | Billings | FY2025 | $7.33B – $7.48B | New |
| Aug 6, 2025 | Billings | Q3 FY2025 | $1.76B – $1.84B | New |
| Aug 6, 2025 | Revenue | FY2025 | $6.68B – $6.83B | New |
| Aug 6, 2025 | Revenue | Q3 FY2025 | $1.67B – $1.73B | New |
| May 7, 2025 | Diluted non-GAAP net income per share | Q2 FY2025 | $0.58 – $0.60 | New |
| May 7, 2025 | Diluted non-GAAP net income per share | FY2025 | $2.43 – $2.49 | Raised |
| May 7, 2025 | Non-GAAP gross margin | Q2 FY2025 | 80% – 81% | New |
| May 7, 2025 | Non-GAAP gross margin | FY2025 | 79% – 81% | Reaffirmed |
| May 7, 2025 | Non-GAAP operating margin | Q2 FY2025 | 31.5% – 32.5% | New |
| May 7, 2025 | Non-GAAP operating margin | FY2025 | 31.5% – 33.5% | Raised |
| May 7, 2025 | Billings | Q2 FY2025 | $1.69B – $1.77B | New |
| May 7, 2025 | Billings | FY2025 | $7.20B – $7.40B | Reaffirmed |
| May 7, 2025 | Revenue | Q2 FY2025 | $1.59B – $1.65B | New |
| May 7, 2025 | Revenue | FY2025 | $6.65B – $6.85B | Raised |
| May 7, 2025 | Service revenue | FY2025 | $4.58B – $4.73B | Lowered |
| Feb 6, 2025 | Diluted non-GAAP net income per share | Q1 FY2025 | $0.52 – $0.54 | New |
| Feb 6, 2025 | Diluted non-GAAP net income per share | FY2025 | $2.41 – $2.47 | New |
| Feb 6, 2025 | Non-GAAP gross margin | FY2025 | 79% – 81% | New |
| Feb 6, 2025 | Non-GAAP gross margin | Q1 FY2025 | 80% – 81% | New |
| Feb 6, 2025 | Non-GAAP operating margin | Q1 FY2025 | 30% – 31% | New |
| Feb 6, 2025 | Non-GAAP operating margin | FY2025 | 31% – 33% | New |
| Feb 6, 2025 | Billings | FY2025 | $7.20B – $7.40B | New |
| Feb 6, 2025 | Billings | Q1 FY2025 | $1.52B – $1.60B | New |
| Feb 6, 2025 | Revenue | Q1 FY2025 | $1.50B – $1.56B | New |
| Feb 6, 2025 | Revenue | FY2025 | $6.65B – $6.85B | New |
| Feb 6, 2025 | Service revenue | FY2025 | $4.58B – $4.73B | Lowered |
| Nov 7, 2024 | Diluted non-GAAP net income per share | Q4 FY2024 | $0.58 – $0.62 | New |
| Nov 7, 2024 | Diluted non-GAAP net income per share | FY2024 | $2.20 – $2.28 | Raised |
| Nov 7, 2024 | Non-GAAP gross margin | Q4 FY2024 | 79.5% – 80.5% | New |
| Nov 7, 2024 | Non-GAAP gross margin | FY2024 | 80.3% – 81.3% | Raised |
| Nov 7, 2024 | Non-GAAP operating margin | FY2024 | 32.9% – 33.9% | Raised |
| Nov 7, 2024 | Non-GAAP operating margin | Q4 FY2024 | 33% – 34% | New |
| Nov 7, 2024 | Billings | Q4 FY2024 | $1.90B – $2.00B | New |
| Nov 7, 2024 | Service revenue | FY2024 | $4.02B – $4.05B | Raised |
| Nov 7, 2024 | Billings | FY2024 | $6.43B – $6.53B | Narrowed |
| Nov 7, 2024 | Revenue | Q4 FY2024 | $1.56B – $1.62B | New |
| Nov 7, 2024 | Revenue | FY2024 | $5.86B – $5.92B | Raised |
| Aug 6, 2024 | Diluted non-GAAP net income per share | Q3 FY2024 | $0.56 – $0.58 | New |
| Aug 6, 2024 | Diluted non-GAAP net income per share | FY2024 | $2.13 – $2.19 | Raised |
| Aug 6, 2024 | Non-GAAP gross margin | Q3 FY2024 | 79% – 80% | New |
| Aug 6, 2024 | Non-GAAP gross margin | FY2024 | 79% – 80% | Raised |
| Aug 6, 2024 | Non-GAAP operating margin | Q3 FY2024 | 30.5% – 31.5% | New |
| Aug 6, 2024 | Non-GAAP operating margin | FY2024 | 30% – 31.5% | Raised |
| Aug 6, 2024 | Billings | Q3 FY2024 | $1.53B – $1.60B | New |
| Aug 6, 2024 | Service revenue | FY2024 | $3.98B – $4.03B | New |
| Aug 6, 2024 | Billings | FY2024 | $6.40B – $6.60B | Reaffirmed |
| Aug 6, 2024 | Revenue | Q3 FY2024 | $1.45B – $1.51B | New |
| Aug 6, 2024 | Revenue | FY2024 | $5.80B – $5.90B | New |
| May 2, 2024 | Diluted non-GAAP net income per share | Q2 FY2024 | $0.39 – $0.41 | New |
| May 2, 2024 | Diluted non-GAAP net income per share | FY2024 | $1.73 – $1.79 | Raised |
| May 2, 2024 | Non-GAAP gross margin | Q2 FY2024 | 76.5% – 77.5% | New |
| May 2, 2024 | Non-GAAP gross margin | FY2024 | 76.5% – 78% | Raised |
| May 2, 2024 | Non-GAAP operating margin | Q2 FY2024 | 25.75% – 26.75% | New |
| May 2, 2024 | Non-GAAP operating margin | FY2024 | 26.5% – 28% | Raised |
| May 2, 2024 | Billings | Q2 FY2024 | $1.49B – $1.55B | New |
| May 2, 2024 | Billings | FY2024 | $6.40B – $6.60B | Reaffirmed |
| May 2, 2024 | Revenue | Q2 FY2024 | $1.38B – $1.44B | New |
| May 2, 2024 | Revenue | FY2024 | $5.75B – $5.85B | Raised |
| May 2, 2024 | Service revenue | FY2024 | $3.94B – $3.99B | Lowered |
| Feb 6, 2024 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q1 FY2024 | $0.37 – $0.39 | New |
| Feb 6, 2024 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2024 | $1.65 – $1.70 | New |
| Feb 6, 2024 | Non-GAAP gross margin | Q1 FY2024 | 76.5% – 77.5% | New |
| Feb 6, 2024 | Non-GAAP gross margin | FY2024 | 76% – 78% | New |
| Feb 6, 2024 | Non-GAAP operating margin | Q1 FY2024 | 25.5% – 26.5% | New |
| Feb 6, 2024 | Non-GAAP operating margin | FY2024 | 25.5% – 27.5% | New |
| Feb 6, 2024 | Billings | Q1 FY2024 | $1.39B – $1.45B | New |
| Feb 6, 2024 | Service revenue | FY2024 | $3.92B – $3.97B | New |
| Feb 6, 2024 | Billings | FY2024 | $6.40B – $6.60B | New |
| Feb 6, 2024 | Revenue | Q1 FY2024 | $1.30B – $1.36B | New |
| Feb 6, 2024 | Revenue | FY2024 | $5.72B – $5.82B | New |
| Nov 2, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q4 FY2023 | $0.42 – $0.44 | New |
| Nov 2, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2023 | $1.54 – $1.56 | Raised |
| Nov 2, 2023 | Non-GAAP gross margin | Q4 FY2023 | 75.5% – 76.5% | New |
| Nov 2, 2023 | Non-GAAP gross margin | FY2023 | 76% – 77% | Raised |
| Nov 2, 2023 | Non-GAAP operating margin | Q4 FY2023 | 27.5% – 28.5% | New |
| Nov 2, 2023 | Non-GAAP operating margin | FY2023 | 26.5% – 27.5% | Raised |
| Nov 2, 2023 | Billings | Q4 FY2023 | $1.56B – $1.70B | New |
| Nov 2, 2023 | Service revenue | FY2023 | $3.36B – $3.38B | Narrowed |
| Nov 2, 2023 | Billings | FY2023 | $6.10B – $6.24B | Lowered |
| Nov 2, 2023 | Revenue | Q4 FY2023 | $1.38B – $1.44B | New |
| Nov 2, 2023 | Revenue | FY2023 | $5.27B – $5.33B | Lowered |
| Aug 3, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q3 FY2023 | $0.35 – $0.37 | New |
| Aug 3, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2023 | $1.49 – $1.53 | Raised |
| Aug 3, 2023 | Non-GAAP gross margin | Q3 FY2023 | 75.5% – 76.5% | New |
| Aug 3, 2023 | Non-GAAP gross margin | FY2023 | 75.25% – 76.25% | Raised |
| Aug 3, 2023 | Non-GAAP operating margin | Q3 FY2023 | 24.5% – 25.5% | New |
| Aug 3, 2023 | Non-GAAP operating margin | FY2023 | 25.25% – 26.25% | Raised |
| Aug 3, 2023 | Billings | Q3 FY2023 | $1.56B – $1.62B | New |
| Aug 3, 2023 | Service revenue | FY2023 | $3.35B – $3.41B | Lowered |
| Aug 3, 2023 | Billings | FY2023 | $6.49B – $6.59B | Lowered |
| Aug 3, 2023 | Revenue | Q3 FY2023 | $1.32B – $1.38B | New |
| Aug 3, 2023 | Revenue | FY2023 | $5.35B – $5.45B | Lowered |
| May 4, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q2 FY2023 | $0.33 – $0.35 | New |
| May 4, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2023 | $1.44 – $1.48 | Raised |
| May 4, 2023 | Non-GAAP gross margin | Q2 FY2023 | 75.5% – 76.5% | New |
| May 4, 2023 | Non-GAAP gross margin | FY2023 | 75% – 76% | Reaffirmed |
| May 4, 2023 | Non-GAAP operating margin | Q2 FY2023 | 24.5% – 25.5% | New |
| May 4, 2023 | Non-GAAP operating margin | FY2023 | 25% – 26% | Reaffirmed |
| May 4, 2023 | Billings | Q2 FY2023 | $1.56B – $1.60B | New |
| May 4, 2023 | Service revenue | FY2023 | $3.37B – $3.40B | New |
| May 4, 2023 | Billings | FY2023 | $6.75B – $6.81B | Raised |
| May 4, 2023 | Revenue | Q2 FY2023 | $1.28B – $1.32B | New |
| May 4, 2023 | Revenue | FY2023 | $5.43B – $5.49B | New |
| Feb 7, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q1 FY2023 | $0.27 – $0.29 | New |
| Feb 7, 2023 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2023 | $1.39 – $1.41 | New |
| Feb 7, 2023 | Non-GAAP gross margin | Q1 FY2023 | 75% – 76% | New |
| Feb 7, 2023 | Non-GAAP gross margin | FY2023 | 75% – 76% | New |
| Feb 7, 2023 | Non-GAAP operating margin | Q1 FY2023 | 23% – 24% | New |
| Feb 7, 2023 | Non-GAAP operating margin | FY2023 | 25% – 26% | New |
| Feb 7, 2023 | Billings | Q1 FY2023 | $1.42B – $1.47B | New |
| Feb 7, 2023 | Service revenue | FY2023 | $3.34B – $3.37B | New |
| Feb 7, 2023 | Billings | FY2023 | $6.71B – $6.79B | New |
| Feb 7, 2023 | Revenue | Q1 FY2023 | $1.18B – $1.22B | New |
| Feb 7, 2023 | Revenue | FY2023 | $5.37B – $5.43B | New |
| Nov 2, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q4 FY2022 | $0.38 – $0.40 | New |
| Nov 2, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2022 | $1.13 – $1.15 | Raised |
| Nov 2, 2022 | Non-GAAP gross margin | Q4 FY2022 | 75% – 76% | New |
| Nov 2, 2022 | Non-GAAP gross margin | FY2022 | 75% – 76% | Reaffirmed |
| Nov 2, 2022 | Non-GAAP operating margin | Q4 FY2022 | 30% – 31% | New |
| Nov 2, 2022 | Non-GAAP operating margin | FY2022 | 26% – 27% | Raised |
| Nov 2, 2022 | Billings | Q4 FY2022 | $1.67B – $1.72B | New |
| Nov 2, 2022 | Billings | FY2022 | $5.54B – $5.60B | Raised |
| Nov 2, 2022 | Revenue | Q4 FY2022 | $1.28B – $1.32B | New |
| Nov 2, 2022 | Revenue | FY2022 | $4.41B – $4.45B | Raised |
| Nov 2, 2022 | Service revenue | FY2022 | $2.65B – $2.66B | Lowered |
| Aug 3, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q3 FY2022 | $0.26 – $0.28 | New |
| Aug 3, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2022 | $1.01 – $1.06 | Lowered |
| Aug 3, 2022 | Non-GAAP gross margin | Q3 FY2022 | 75% – 76% | New |
| Aug 3, 2022 | Non-GAAP gross margin | FY2022 | 75% – 76% | Raised |
| Aug 3, 2022 | Non-GAAP operating margin | Q3 FY2022 | 25% – 26% | New |
| Aug 3, 2022 | Non-GAAP operating margin | FY2022 | 25% – 26% | Raised |
| Aug 3, 2022 | Billings | Q3 FY2022 | $1.39B – $1.42B | New |
| Aug 3, 2022 | Service revenue | FY2022 | $2.62B – $2.67B | Lowered |
| Aug 3, 2022 | Billings | FY2022 | $5.56B – $5.64B | Raised |
| Aug 3, 2022 | Revenue | Q3 FY2022 | $1.11B – $1.14B | New |
| Aug 3, 2022 | Revenue | FY2022 | $4.35B – $4.40B | Raised |
| May 4, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q2 FY2022 | $1.05 – $1.10 | New |
| May 4, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2022 | $5.00 – $5.15 | Raised |
| May 4, 2022 | Non-GAAP gross margin | Q2 FY2022 | 74.5% – 76% | New |
| May 4, 2022 | Non-GAAP gross margin | FY2022 | 74% – 76% | Reaffirmed |
| May 4, 2022 | Non-GAAP operating margin | Q2 FY2022 | 22% – 23.5% | New |
| May 4, 2022 | Non-GAAP operating margin | FY2022 | 24% – 26% | Reaffirmed |
| May 4, 2022 | Billings | Q2 FY2022 | $1.23B – $1.27B | New |
| May 4, 2022 | Service revenue | FY2022 | $2.64B – $2.70B | New |
| May 4, 2022 | Billings | FY2022 | $5.50B – $5.58B | Raised |
| May 4, 2022 | Revenue | Q2 FY2022 | $1.01B – $1.04B | New |
| May 4, 2022 | Revenue | FY2022 | $4.35B – $4.40B | New |
| Feb 3, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | Q1 FY2022 | $0.75 – $0.80 | New |
| Feb 3, 2022 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. | FY2022 | $4.85 – $5.00 | New |
| Feb 3, 2022 | Non-GAAP gross margin | Q1 FY2022 | 75.5% – 76.5% | New |
| Feb 3, 2022 | Non-GAAP gross margin | FY2022 | 74% – 76% | New |
| Feb 3, 2022 | Non-GAAP operating margin | Q1 FY2022 | 19.5% – 20.5% | New |
| Feb 3, 2022 | Non-GAAP operating margin | FY2022 | 24% – 26% | New |
| Feb 3, 2022 | Billings | Q1 FY2022 | $1.05B – $1.09B | New |
| Feb 3, 2022 | Service revenue | FY2022 | $2.69B – $2.72B | New |
| Feb 3, 2022 | Billings | FY2022 | $5.40B – $5.48B | New |
| Feb 3, 2022 | Revenue | Q1 FY2022 | $865.00M – $895.00M | New |
| Feb 3, 2022 | Revenue | FY2022 | $4.28B – $4.33B | New |
| Nov 4, 2021 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. common stockholders | Q4 FY2021 | $1.10 – $1.15 | New |
| Nov 4, 2021 | Diluted non-GAAP net income per share attributable to Fortinet, Inc. common stockholders | FY2021 | $3.85 – $3.95 | New |
| Nov 4, 2021 | Non-GAAP gross margin | Q4 FY2021 | 75% – 76% | New |
| Nov 4, 2021 | Non-GAAP gross margin | FY2021 | 76.5% – 77.5% | New |
| Nov 4, 2021 | Non-GAAP operating margin | Q4 FY2021 | 27% – 28% | New |
| Nov 4, 2021 | Non-GAAP operating margin | FY2021 | 25.5% – 26.5% | New |
| Nov 4, 2021 | Billings | Q4 FY2021 | $1.17B – $1.22B | New |
| Nov 4, 2021 | Service revenue | FY2021 | $2.08B – $2.09B | New |
| Nov 4, 2021 | Billings | FY2021 | $4.04B – $4.09B | New |
| Nov 4, 2021 | Revenue | Q4 FY2021 | $940.00M – $970.00M | New |
| Nov 4, 2021 | Revenue | FY2021 | $3.32B – $3.35B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Fortinet filed with the SEC as exhibits to Form 8-K or 6-K
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