FTNT · 8-K · 20261028PR000024

Guidance / Outlook

Fortinet, Inc. · 2026-10-28 · Importance 69 · Surprise 60 · No source text

For the fourth quarter of 2026, Fortinet expects revenue of $2.155 billion to $2.245 billion and billings of $2.775 billion to $2.925 billion. It forecasts non-GAAP gross margin of 78.0% to 80.0% and non-GAAP operating margin of 35.5% to 37.5%. For full-year 2026, it expects revenue of $8.125 billion to $8.215 billion, service revenue of $5.150 billion to $5.170 billion, and billings of $9.568 billion to $9.718 billion. Full-year non-GAAP diluted EPS guidance is $3.54 to $3.58, using an assumed 18% non-GAAP effective tax rate.

Key facts

• Fortinet raised its 2026 revenue guidance to 20% year-over-year growth. source
• For Q4 2026, Fortinet expects revenue of $2.155 billion to $2.245 billion. source
• For Q4 2026, Fortinet expects billings of $2.775 billion to $2.925 billion. source
• For fiscal 2026, Fortinet expects revenue of $8.125 billion to $8.215 billion. source
• For fiscal 2026, Fortinet expects service revenue of $5.150 billion to $5.170 billion. source
• For fiscal 2026, Fortinet expects billings of $9.568 billion to $9.718 billion. source
• For Q4 2026, Fortinet expects non-GAAP gross margin of 78.0% to 80.0%. source
• For Q4 2026, Fortinet expects non-GAAP operating margin of 35.5% to 37.5%. source

Impact estimates