FTNT · News · 20260805N

Revenue Performance and Mix

Fortinet, Inc. · 2026-08-05 · Importance 93 · Surprise 82 · In source text

Fortinet reported quarterly revenue growth of 25.6% year over year, exceeding the materiality threshold for the company’s $2,048 million revenue base. Product revenue increased 52% year over year, indicating a substantial mix shift toward product sales relative to services. The company also delivered adjusted EPS of $0.90, beating estimates, and raised its full-year 2026 revenue outlook.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealizedFortinet's product revenue increased by 52% year-over-year.