US · Technology · Software - Infrastructure
EPS came in at 0.86 against a street estimate of 0.77 — a beat of 11.7%.
Analysts rate Fortinet Inc a hold (7 buy, 30 hold, 6 sell out of 43) with an average price target of $145.55.
CONFIDENT Fortinet reported strong Q3 execution, with billings up 29%, revenue up 20%, record operating margin, and raised 2026 billings and revenue guidance. Product demand and AI-driven security remain strong, while services growth is recovering gradually due to delayed enterprise activations. Q3 FY26 Management highlighted outsized U.S. large-enterprise contribution and strong sovereignty-related demand in European enterprises and global public-sector markets. Analysts focused on product durability, pricing, supply constraints, service-revenue timing, enterprise deal ramps and AI security adoption. Management emphasized strong demand, gradual service recovery, higher costs and continued market-share gains. 2026-10-28…
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| Fund | Stake |
|---|---|
| BlackRock Inc | 8.47% |
| Vanguard Capital Management, LLC | 5.53% |
| State Street Corp | 4.03% |
| Vanguard Portfolio Management, LLC | 3.38% |
| Amvescap Plc. | 3.35% |
| Geode Capital Management, LLC | 2.37% |
| NORGES BANK | 1.69% |
| First Trust Advisors L.P. | 1.47% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Third-quarter 2026 revenue was $2,078.4 million, up from $1,724.9 million in the third quarter of 2025. • Nine-month revenue was | 2026-10-30 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Q3 2026 revenue grew 20% year over year to $2.08 billion. • Product revenue grew 37% to $765 million; service revenue was $1,313. | 2026-10-28 |
| Quarterly report · Q2 2026 FORTINET, INC. – QUARTERLY REPORT SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Revenue (Q2 2026): $2,047.9 million, up 25.6% from $1,630.0 million in | 2026-07-30 |
| Results announced · Q3 2026 FORTINET Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $2.05 billion, up 26% year-over-year (exceeded high-end guidance) • Product Re | 2026-07-29 |
| Shareholder vote results · Q2 2026 FORTINET, INC. - ANNUAL STOCKHOLDER MEETING SUMMARY HEADLINE NUMBERS • Annual Stockholder Meeting held June 12, 2026 • Attendance: 645,371,440 share | 2026-06-16 |
| Quarterly report · Q1 2026 FORTINET, INC. — Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue Q1 2026: $1,849.6 million (up 20% vs Q1 2025: $1,539.7 million) - Product r | 2026-05-08 |
| Results announced · Q2 2026 FORTINET Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total revenue: $1.85 billion, up 20% year-over-year • Product revenue: $645 million, up 41% yea | 2026-05-06 |
| Proxy statement · Q2 2026 FORTINET, INC. – PROXY STATEMENT SUMMARY FOR RETAIL INVESTORS --- CEO COMPENSATION & CHANGES • Ken Xie (Founder/CEO/Chairman) total compensation fo | 2026-04-29 |
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Open in the appGoogle PlayApp StoreData updated 2026-11-07.