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AI brief of an SEC Form 8-K · Fortinet (FTNT)

Fortinet Q1 revenue rises 14% to $1.54 billion; GAAP EPS $0.56

Positive Impact 3 of 5 earnings Written later

Fortinet reported first quarter 2025 results for the period ended March 31, 2025, with total revenue of $1.54 billion, up 13.8% from a year earlier, and GAAP net income of $433.4 million, or $0.56 per diluted share, compared with $0.39 a year earlier. The company also gave guidance for the second quarter and full year 2025, with second-quarter revenue expected at $1.590 billion to $1.650 billion and full-year revenue at $6.650 billion to $6.850 billion.

Key points

  • Total revenue was $1.54 billion, up 13.8% from $1.35 billion in Q1 2024.
  • GAAP net income was $433.4 million, or $0.56 per diluted share, versus $0.39 in Q1 2024.
  • Non-GAAP operating margin was 34.2%, compared with 28.5% a year earlier.
  • Q2 2025 revenue guidance is $1.590 billion to $1.650 billion; full-year 2025 revenue guidance is $6.650 billion to $6.850 billion.

The filing

CompanyFortinet (FTNT)
Form8-K, current report
Filed with the SECMay 7, 2025, 4:11 PM ET
Accession number0001262039-25-000014

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.