Fortinet Inc.
Fortinet Reports Strong Q2 2026 Financial Results and Raises Annual Guidance
Summary
Fortinet, Inc. reported strong financial results for the second quarter of 2026, exceeding high-end guidance on revenue and profitability. The company raised its 2026 revenue guidance to 19% year-over-year growth. Key highlights include a 26% year-over-year increase in revenue to $2.05 billion, a 52% increase in product revenue to $773 million, and a 33% increase in billings to $2.37 billion. GAAP operating margin was 34%, and non-GAAP operating margin was 38%. GAAP earnings per share grew 44% to $0.82, and non-GAAP earnings per share grew 41% to $0.90. The company also announced strategic collaborations and new product launches, including the Fortinet Security Processor 6 (SP6) with Intel and the FortiGate 1200G series with FortiSASE Outpost. For the third quarter of 2026, Fortinet expects revenue in the range of $2.010 billion to $2.100 billion and billings in the range of $2.250 billion to $2.350 billion. For the full year 2026, the company expects revenue in the range of $8.020 billion to $8.180 billion and billings in the range of $9.350 billion to $9.550 billion.
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About Fortinet Inc.
Fortinet Inc. is a global leader in cybersecurity solutions, primarily focused on developing robust security systems to protect against cyber threats. The company's extensive product line includes firewalls, antivirus, intrusion prevention systems, and endpoint security, designed to provide comprehensive protection for networks, cloud infrastructures, and critical applications. Fortinet serves a vast array of clients across different sectors, including enterprises, service providers, and government organizations, addressing their evolving security needs in an increasingly digitized and interconnected business environment. Founded in 2000 and headquartered in Sunnyvale, California, Fortinet's commitment to innovation is evident through its investment in advanced technologies like artificial intelligence and machine learning, enhancing the efficiency and responsiveness of its security solutions. The company’s significant role in the market is underscored by its FortiGuard Labs, delivering real-time intelligence and proactive threat detection to a global clientele. As a pivotal player in the cybersecurity industry, Fortinet helps drive digital transformation while ensuring digital integrity, maintaining a critical stance in safeguarding sensitive data and maintaining secure digital operations across the world.
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