---
schema_version: "secwatch.filing_event.v1"
accession: "0001262039-21-000019"
form_type: "8-K"
ticker: "FTNT"
cik: "0001262039"
company_name: "Fortinet, Inc."
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:48:34.455650+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fortinet Q2 2021 revenue $801M (+30% YoY); raises full-year guidance

## Summary
- Revenue $801.1M (+30% YoY); product $298.3M (+41%); service $502.8M (+24%)
- Billings $960.9M (+35% YoY); deferred revenue $2.91B (+27%)
- GAAP diluted EPS $0.82 (vs $0.69 YoY); non-GAAP diluted EPS $0.95 (vs $0.83)
- Free cash flow $394.7M (quarterly record); operating cash flow $418.2M
- FY2021 guidance raised: revenue $3.21B-$3.25B; billings $3.87B-$3.92B; non-GAAP EPS $3.75-$3.90

## SEC filing metadata
- accession: 0001262039-21-000019
- form_type: 8-K
- ticker: FTNT
- cik: 0001262039
- company_name: Fortinet, Inc.
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262039/000126203921000019/0001262039-21-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262039/000126203921000019/ftnt-20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262039-21-000019
- JSON: https://secwatch.observer/filing/0001262039-21-000019.json
- Plain text: https://secwatch.observer/filing/0001262039-21-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.