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

Fortinet Q1 revenue rises 20% to $1.85 billion; raises 2026 revenue outlook

Positive Impact 4 of 5 earnings Written later

Fortinet reported first-quarter 2026 revenue of $1.85 billion, up 20% from a year earlier, and GAAP net income of $534.5 million, or $0.72 per diluted share, versus $0.56 a year earlier. The company raised its full-year 2026 revenue guidance to $7.710 billion to $7.870 billion, which the release describes as 15% year-over-year growth.

Key points

  • Q1 2026 revenue was $1.85 billion, up 20% year over year; billings rose 31% to $2.09 billion.
  • GAAP diluted EPS was $0.72, up from $0.56; non-GAAP diluted EPS was $0.82, up from $0.58.
  • Full-year 2026 revenue guidance is $7.710 billion to $7.870 billion; second-quarter revenue guidance is $1.830 billion to $1.930 billion.
  • The company repurchased and retired $823.0 million of common stock in the quarter.

The filing

CompanyFortinet (FTNT)
Form8-K, current report
Filed with the SECMay 6, 2026, 4:10 PM ET
Accession number0001262039-26-000010

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 06, 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.