Form 8-K · Current report
Fortinet 8-K, filed Oct 28, 2026
- Filed
- CIK
- 0001262039
- Accession no.
- 0001262039-26-000024
Summary
Fortinet reported third-quarter 2026 financial results with revenue up 20% year over year to $2.08 billion and raised its 2026 revenue guidance to 20% year-over-year growth. CEO Ken Xie attributed the results to broad-based demand and the company's role in securing AI-era infrastructure.
Key points
- Fortinet reported third-quarter 2026 revenue of $2.08 billion, up 20% year over year, with product revenue of $765 million, up 37%, and billings of $2.34 billion, up 29%.
- GAAP operating margin was 34%, non-GAAP operating margin was 38%, GAAP EPS was $0.86, non-GAAP EPS was $0.91, operating cash flow was $946 million, and free cash flow was $865 million.
- Fortinet increased its share repurchase authorization by $1.2 billion, leaving $2 billion remaining.
- Fortinet guided fourth-quarter 2026 revenue to $2.155 billion to $2.245 billion and fiscal 2026 revenue to $8.125 billion to $8.215 billion, while raising 2026 revenue guidance to 20% year-over-year growth.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On October 28, 2026, Fortinet, Inc. issued a press release reporting its financial results for the third quarter ended September 30, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Item 9.01 Financial Statements and Exhibits. …
An excerpt of the text as filed with the SEC, cut for length.
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