From Financialpost · · 1m
Fortinet Reports Strong Q3 2026 Financial Results
Fortinet boosts 2026 revenue guidance to 20% YoY growth with AI-driven security services.
In brief
Fortinet boosts 2026 revenue guidance to 20% YoY growth with AI-driven security services. Fortinet raised 2026 revenue guidance to $8.125 billion to $8.215 billion after strong Q3 results with 20% YoY revenue growth. Originally reported by Financialpost.
Fortinet Q3 2026 Results
Fortinet reported 20% year over year revenue growth to $2.08 billion.
“We are very pleased with our excellent third quarter results, which reflect strong execution and broad-based demand across our entire portfolio”
Product Revenue Growth
Product revenue grew 37% year over year to $765 million.
Billings Growth
Billings grew 29% year over year to $2.34 billion.
Operating Margins
GAAP operating margin of 34%; non-GAAP operating margin of 38%.
Earnings Per Share
GAAP earnings per share of $0.86; non-GAAP earnings per share of $0.91.
Cash Flow
Operating cash flow of $946 million; free cash flow of $865 million.
Share Repurchase
Share repurchase authorization increased by $1.2 billion; remaining authorization of $2 billion.
2026 Guidance
Fortinet raised 2026 revenue guidance to $8.125 billion to $8.215 billion.
What it means
Fortinet raised 2026 revenue guidance to $8.125 billion to $8.215 billion after strong Q3 results with 20% YoY revenue growth.
