Fortinet Q4 revenue rises 15% to $1.91 billion; board adds $1.0 billion to buyback
Fortinet reported fourth-quarter 2025 revenue of $1.91 billion, up 15% from a year earlier, and non-GAAP diluted earnings of $0.81 per share versus $0.74. GAAP net income for the quarter fell to $506.0 million from $526.2 million, and the board raised the share repurchase authorization by $1.0 billion to a total of up to $10.25 billion through February 28, 2027.
Key points
- Q4 2025 revenue rose 15% year over year to $1.91 billion; total billings rose 18% to $2.37 billion.
- Q4 GAAP diluted EPS was $0.68, flat with the prior year; non-GAAP diluted EPS was $0.81 versus $0.74.
- Guidance for Q1 2026 revenue is $1.700 billion to $1.760 billion; full-year 2026 revenue is $7.500 billion to $7.700 billion.
- About $1.38 billion remained available under the buyback as of February 4, 2026, including the $1.0 billion increase.
The filing
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 February 05, 2026.
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.