Every material Form 8-K Fortinet filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Fortinet reported third-quarter 2025 revenue of $1.72 billion, up 14% from a year earlier, and billings of $1.81 billion, also up 14%. GAAP net income fell to $473.9 million from $539.9 million, while non-GAAP diluted earnings per share rose to $0.74 from $0.63. The company expects fourth-quarter 2025 revenue of $1.825 billion to $1.885 billion and full-year 2025 revenue of $6.720 billion to $6.780 billion.
GAAP diluted EPS was $0.62 for the quarter, versus $0.70 a year earlier.
Non-GAAP diluted EPS was $0.74, versus $0.63; non-GAAP operating margin was 36.9%, versus 36.1%.
Product revenue grew 18% to $559.3 million; billings grew 14% to $1.81 billion.
Q4 2025 guidance: revenue of $1.825 billion to $1.885 billion and non-GAAP diluted EPS of $0.73 to $0.75.
Fortinet reported second-quarter 2025 results, with revenue up 14% year over year to $1.63 billion and net income of $440.1 million, compared with $379.8 million a year earlier. The company raised the midpoint of its full-year 2025 billings guidance by $100 million, to a range of $7.325 billion to $7.475 billion.
Q2 2025 revenue rose 14% to $1.63 billion; billings rose 15% to $1.78 billion.
GAAP diluted EPS was $0.57, up from $0.49; non-GAAP diluted EPS was $0.64, up from $0.57.
GAAP operating margin was 28.1%, down from 30.5% a year earlier.
Third-quarter 2025 revenue guidance is $1.670 billion to $1.730 billion; full-year revenue guidance is $6.675 billion to $6.825 billion.
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.
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.
Fortinet reported fourth-quarter 2024 revenue of $1.66 billion, up 17.3% from a year earlier, and GAAP diluted EPS of $0.68 versus $0.40. It also issued 2025 revenue guidance of $6.650 billion to $6.850 billion, compared with full-year 2024 revenue of $5.96 billion. Chief Financial Officer Keith Jensen plans to retire on May 15, 2025, and Chief Accounting Officer Christiane Ohlgart is expected to succeed him, which shareholders may watch during the transition.
Q4 2024 revenue was $1.66 billion, up 17.3% from $1.42 billion; GAAP net income was $526.2 million.
GAAP diluted EPS was $0.68 for Q4 2024, compared with $0.40 a year earlier.
2025 guidance: revenue of $6.650 billion to $6.850 billion; Q1 2025 revenue of $1.500 billion to $1.560 billion.
Keith Jensen, 66, will retire May 15, 2025 and remain in service through June 30, 2025; Christiane Ohlgart is set to become CFO.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Fortinet filing is on SEC EDGAR ↗. 8-K briefs of other companies →