Fortinet Raises 2026 Profit View After Earnings Beat Driven by 52% Product Revenue Gain
Fortinet raised its full-year revenue and profit guidance after second-quarter results for the cybersecurity provider topped analyst estimates, fueled by product sales jumping 52% year over year. The company reported revenue of $2.05 billion and adjusted earnings of $0.90 per share, compared with estimates for $1.89 billion and $0.75, respectively.
Billings climbed 33% to $2.37 billion as the firm posted a non-GAAP operating margin of 38%. Fortinet shares rose roughly 9.1% in early trading on July 29. The company forecasted third-quarter revenue between $2.01 billion and $2.10 billion, while projecting full-year sales of $8.02 billion to $8.18 billion, ahead of the consensus estimate of $7.81 billion.
From the sources (4 posts)
@tradfi*FORTINET 2Q REV. $2.05B, EST. $1.88B *FORTINET 2Q ADJ EPS 90C, EST. 75C $FTNT
@alphasenseinc$FTNT Earnings: - Revenue grew 26% year over year to $2.05 billion - Product revenue grew 52% year over year to $773 million - Billings grew 33% year over year to $2.37 billion - GAAP operating margin of 34% - Non-GAAP operating margin of
@trendspider$FTNT CRUSHED Q2 EARNINGS 🔥 Adj. EPS: $0.90 vs $0.75 est Sales: $2.048B vs $1.889B est Raised FY2026 Adj EPS Guidance Raised FY2026 Sales Guidance 🟩 +9.16%
@wallstengineFORTINET $FTNT Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $2.05B (Est. $1.89B) 🟢; +26% YoY 🔹 Adj. EPS: $0.90 (Est. $0.75) 🟢; +41% YoY 🔹 Product Revenue: $773.0M; +52% YoY 🔹 Billings: $2.37B; +33% YoY Q3 2026 Guide: 🔹 Revenue: $2.01B-$2.10B (Est